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From 1908 to 1912 What would he decide to do? What did he accomplish? What did he hope for? What did he get? What did he do? 1912 Election
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What did he accomplish? security freedom R D
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What did he accomplish? security freedom R D
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What did he accomplish? security freedom R D
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What did he accomplish? equality security freedom R D
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What did he hope for? Tariff revision () Continued regulation
Continued “trust busting” Continued conservation Vigorous foreign policy
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Tariff Revision Lower Tariffs More Foreign Goods Increased Competition Lower Prices Happier Consumers Less Government Revenue Federal Tax Code Revision – Income Tax
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What did he get? Bathtub Taft’s Temperament
Payne – Aldrich Tariff Controversy, 1909 Ballinger – Pinchot Dispute
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Taft’s Political Temperament
security freedom R D Supreme Court Factor
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TR’s Land Conservationists!!!!
TR - President James R. Garfield Secretary of Interior Gifford Pinchot Chief of Forrest Service
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Taft’s Land Conservationists?
Gifford Pinchot Chief of Forrest Service Richard Ballinger Secretary of Interior Taft - President
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Taft’s Land Conservationists?
Gifford Pinchot Chief of Forrest Service Richard Ballinger Secretary of Interior Taft - President
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Payne – Aldrich Tariff Controversy
Rep. Sereno Payne (R –NY) Sen. Nelson Aldrich (R- RI) signed by Taft in 1909 lowered the general tariff rate from 46% to 41% contained excise tax on corporate profits 650 tariff items, 220 and left 1,150 untouched net result ... did very little … except anger TR
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What did he do? “My hat is in the ring….” The 1912 Republican Primary !?!?!?! The Progressive Party
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1912 Election Overview Candidates Outcome
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Hamiltonian means to Jeffersonian ends…
Overview Hamiltonian means to Jeffersonian ends… S P R D D
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Overview “equality” “security” “liberty” “freedom” S P R D D
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Eugene Debs Socialist Woodrow Wilson Democrat Theodore Roosevlet Progressive William Taft Republican
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EUGENE DEBS Socialist Party 4th attempt for president means of production: government owned government run change via radical means government assured: health employment education redistribute $$$$ via taxes WOODROW WILSON Democrat Party “New Freedom” end monopolies encourage small business collective bargaining laws tariff reduction federal income tax banking reform THEODORE ROOSEVELT Progressive Party “New Nationalism” regulate monopolies women’s suffrage direct election of Senators minimum wage national health service 8 hr. day; 6 day week prohibit child labor WILLIAM TAFT Republican Party high, protective tariff immigration restrictions
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The Outcome – Popular Vote%
TR Progressive ≈27% Eugene V. Debs Socialist ≈7% Woodrow Wilson Democrat ≈43% William H. Taft Republican ≈22%
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Pro Consumer Pro Business
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1909 P-A Tariff: general tariff rate lowered from 46% to 41% … lowered 650 tariff items, raised 220 and left 1,150 untouched. Pro Consumer Pro Business
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Progressivism 1900 1920 Roosevelt Taft Wilson Imperialism
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Agenda Thank You For Your Cooperation Yesterday My Apologies …
The “Great Divorce” of 1912 (listen) Page 6: 1912 Election (watch) Page 7: The Wilson Years Economics 101 Wilson’s Blind Spots Collect Homework AP Exam Registration
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The Outcome – Popular Vote%
TR Progressive ≈27% Eugene V. Debs Socialist ≈7% Woodrow Wilson Democrat ≈43% William H. Taft Republican ≈22%
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