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Woodrow Wilson Beliefs |
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against trst, for reform, bank reform and reduced tariffs |
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Socialist who ran in presidential elections |
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Eugene V. Debs |
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Underwood Tariff |
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reduction of rates and import fees |
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16th Amendment |
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graduated income tax |
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Federal Reserve Act |
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Federal Reserve Board oversaw system of 12 regional reserve districts, each with central bank
Guaranteed good amount of public control
Empowered to issue paper money backed by commercial paper |
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Louis D. Brandeis |
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increased reform thinking with book Other People's Money and How the Bank Uses It |
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Federal Trade Commission ACt of 1914 |
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president appointed commission to search interstate commerce industries, to crush monopolies |
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Clayton Anti Trust ACt of 1914 |
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lengthened list of objectionable business practices, sought to exempt labor and agriculture from anti trust persecution, legalized strikes and picketing |
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Ffederal Farm Loan Act of 1916 |
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made credit available to farmers at low interest |
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Warehouse Act of 1916 |
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authorized loans on security of staple crops |
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La Follette Seaman's Act of 1915 |
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required decent treatment and living wage on US merchant ships, hurt merchant marine |
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Adamson Act of 1916 |
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8 hr day for all employees on trains with extra for overtime |
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Louis D. Brandeis |
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Progressive and First Jew on Supreme Court |
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Panama Canal Tolls Act of 1912 |
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exempted US coast shipping from tolls, protested by Britain |
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Jones Act |
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Gave Philippines territorial status and promised independence when they got stable gvt |
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