Chapter 17.5

Attacking the Triple wall of Privilege

The tariffs,the banks and the trust.

Two Key Antitrust Acts

(1914) - (strengthened the Sherman Antitrust Act) prohibits corporations from buying stock from another company to make a monopoly

Federal Trade Commission ( FTC)- " " agency which is given power to investigate regulatory violations and ends unfair business practices

New Tax Systems

Wilson pushes for Underwood Simmons Act to .

Federal income Tax

Amendment ratified in 1913 which gave congress the power to charge income tax.

Provided revenue by taking individual earnings and corporate profits

Larger incomes taxed more than smaller ones

Federal Reserve System

Federal Reserve system- banking system under federal control to adjust the amount of money in circulation.

!923 % of banks were on this system.

Nation divided into districts a federal bank in each one.

Women Win in Suffrage

(Local Suffrage Battles )

College women spread suffrage message to working-class

Adopt bold tactics suffragists

Such as door to door campaigns , trolley tours and at each stop women speaking in public.

Catt and the National Movement

Carrie Chapman Catt head of NAWSA ( national american women's suffrage association)

5 main topics of concentration

work of patriotic women influenced the politicians

1919 passed the amendment granting the women the right to vote

Wilson and Civil rights

As a presidential candidate , wins support of for favoring civil rights

As president, opposes anti lynching legislation

Appoints fellow white Southerners to cabinet who extend segregation

NAACP feels betrayed ; Wilson self-defense widens rift

The Twilight of Progressivism

WW1 dominated most of his second term and the war distracts americans; reform efforts stall

Content of the notes (1)