Objectives: 1. Describe the major controversies that took place during Taft’s presidency. 2. Summarize the results of the election of 1912 and the role of the Bull Moose Party. 3. List Wilson’s policies as President. Main Idea: Presidents Taft and Wilson continued to promote progressive reform. Some Progressives were dissatisfied with Taft’s policies and formed their own party. T. Roosevelt ran as the Progressive party’s presidential candidate in 1912. President Ta, Theodore Roosevelt decides not to run for president in 1908 (no one had be President longer than 8 years) and chose William Taft to be the Republican candidate for president. Taft won easily and he continued the progressive changes started under Roosevelt. Taft supported the 16th and 17th Amendments, the Children’s Bureau, the Mann‐Elkins Act, and reserved more public land. But Taft did not reduce tariffs causing a split in of Progressives in the Republican party. President Ta, Con/nued Taft lost public support over the Ballinger‐Pinchot affair. Secretary of the Interior Ballinger allowed several million acres of public land in Alaska to be purchased by private citizens for the coal industry. Forest Service Director Pinchot felt Ballinger made a mistake and protested to Congress. Taft then fired Pinchot and this upset Congress. Congress then investigated Ballinger. Although Ballinger was NOT found of any wrongdoing, he resigned. Those Opposed To Roosevelt’s Elec/on Presiden/al Elec/on of 1912 The election of 1912 saw four main candidates for president: President Taft for the Republicans, Woodrow Wilson for the Democrats, Theodore Roosevelt for the Bull Moose Party (Progressives), and Eugene V. Debs for the Socialist Party. T. Roosevelt took votes away from Taft and that allowed Wilson to win the election easily. Wilson ran on a reform platform called New Freedom and he criticized big business and big government. 1912 Presiden/al Elec/on Dem ‐ Wilson 42% Popular Vote, 435 Electoral Votes BM – T. Roosevelt 27% Popular Vote, 88 Electoral Votes Rep – Ta, 23% Popular Vote, 8 Electoral Votes Soc – Debs 6% Popular Vote, 0 Electoral Votes President Wilson President Wilson continued progressive reforms. The Clayton Antitrust Act, spelled out things that big business could not do. This continued the break up of unfair monopolies. Wilson helped create the Federal Reserve System. The “Fed” created 12 regional banks. All national banks had to join the “Fed.” The regional banks stored cash reserves and allowed member banks to borrow money to meet short‐term loans. The “Fed” created a new national currency and increased the influence of the government in the economy by printing more or less money, depending on what the economy needed. Wilson wins reelection in 1916 barely (277 ‐ 254) by promising to keep the U.S. out of World War I The End Of The Progressive Era The Progressive Era ends when the U.S. enters World War I in 1917. The final progressive change will be the 19th Amendment giving women the right to vote in 1920.
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