Woodrow Wilson 1912-1921

Woodrow Wilson 1912-1921

1. social justice

   • Keating-Owen Act (1916)
     • against child labour
       • stopped transport/ trade of goods made by children under 14 years
   • aided farmers
     • Federal Farm Loan Act (1916)
       • loans in local district
         • gave farmers the chance for long-term mortgage loans- not available in commercial banks
     • Smith-lever Act (1914)
       • home instruction- helping farmers
   • Adamson Act (1916)
     • for interstate commerce railroad workers
       • overtime pay
       • 8 hour day
   • Robert La Follette (1855-1925)
     • 1912- wanted to run for president
       • overshadowed by Roosevelt
     • led progressive 'insurgent' republicans
     • La Follette Seaman's Act (1915)
       • for sailors and merchant seamen
         • aided safety, payment, and working conditions

2. League of Nations

   • personal battle
   • peace through compromise

3. Economy

   • money trust
     • Federal Reserve Act
       • created a nation wide system of credit administered by an independent Federal Reserve Board
         • regulated the rates of interest and currency circulation in 12 different districts of USA
     • stimulate economy by easy cash movement

4. anti-trust

   • new Anti-trust Act (1914)
     • superseded Sherman Anti-trust Act
     • Clayton Anti-trust Act
       • aided workers and farmers
         • Federal trade commission 1914
           • 5 members watched interstate trade businesses
             • annual reports
         • explained strikes, boycotts and picketing were legal under federal law
           • some courts had claimed them so as they acted 'in restraint of trade'
         • limited injunctions used to stop strikes
         • restricted busines
           • no price fixing
           • less holding of one business stock by another
             • weakened holding companies
           • directorates linking big business of interstate trade