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Progressivism Under Taft
How does Taft anger progressives?
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Taft Becomes President
1908: T. Roosevelt does not run for a 3rd term TR picks his Sec. of War, William H. Taft, to run for Republicans, Taft beats Democrat William Jennings Bryan When Taft takes office, he takes a cautious approach and consolidates many of TR’s programs instead of expanding them Despite busting over 90 trusts, Taft gained little credit
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Taft Stumbles Taft promised to lower tariffs during election but as President signed Payne-Aldrich tariff, which slightly increased rates Taft appoints Richard Ballinger as Sec. of Interior, removes 1 million acres of land from the reserved/conservation list Progressives labeled Taft as a traitor Taft had difficulties convincing American public that his policies were right Taft started facing problems within his own party
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Taft’s Dollar Diplomacy
US banks loan Latin Am. nations money to pay off prior debts, US banks gain the country’s tariff money & other assets Nicaraguan, govt can’t pay US loans back, President Adolfo Diaz gives US banks control of Nicaragua’s RR & nat’l bank Nicaraguan people protest, try to overthrow Diaz Taft sends in 2000 marines to keep Diaz in power Overall, Republicans and most Americans upset at Taft
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