p. 332-337 Wilson’s New Freedom

Wilson Wins Financial Reforms Wilson’s Background Two Key Antitrust Measures Lawyer Professor President of Princeton New Freedom Attacked the “Triple Wall of Privilege” Trusts Tariffs High Finance Freedom is not to be “let alone” Clayton Antitrust Act – 1914 Strengthened the Sherman Act Unions had the right to exist and could no longer be attacked as trusts Federal Trade Commission “watch dog” Was reported to and investigated corporations

Wilson Wins Financial Reforms A New Tax System Federal Income Tax Underwood Act Severely lowered tariffs State of the Union Bully Pulpit Voters watch your senators Loss in tariff money Sixteenth Amendment Progressive tax 1%-6% Largest source of revenue for the federal government still to this day

Wilson Wins Financial Reforms Federal Reserve Federal Reserve System Private Bank 12 Districts “Banker’s bank”

Women Win Suffrage 1910 Some take European tactics Local Suffrage Catt and The National Movement 1910 Wyoming Utah Colorado Washington Idaho Some take European tactics Carrie Chapman Catt Successor of Susan B. Anthony Painstaking organization Close ties between local, state, and national workers Establishing a wide base of support Cautious lobbying Gracious, ladylike behavior Nineteenth Amendment – 1919

The Limits of Progressivism Wilson and Civil Rights The Twilight of Progressivism Continues to avoid the issue Lynching Washington D.C. re-segregated Saw separate but equal as just The outbreak of WWI moves America’s focus off change 2nd term dominated by foreign policy