1. Knights Charge 2/12 Test and Study Guides tomorrow
What was Teddy’s plan to progress the US known as? What did he want?
What two acts did he pass to protect the consumer?
How did Roosevelt regulate business?
What did Roosevelt want to do with the environment?

2. Election of 1908 Republican party splits
William Howard Taft (R) – new President!
Roosevelt’s right hand man
Continued many progressive programs
Busted 2x as many trusts as T.R. did
Problems with tariffs continued…
Republican party splits
1. Progressives (wanted change)
2. Conservatives (did not want change)

3. Bull Moose Party
Roosevelt grew unhappy with how Taft was running the country
Roosevelt runs under the “Bull Moose Party” in the Election of 1912

5. Election of 1912 Republican- William H. Taft Democrat- Woodrow Wilson
Bull Moose Party-
Teddy Roosevelt
Socialist-
Eugene V. Debs

6. Winner: Woodrow Wilson

7. Wilson’s New Freedom Wilson’s plan was known as…
New Freedom (reform program)
Wanted to place strict government controls on corporations
cut tariffs on imported goods
Passes the 16th Amendment
Income tax

8. Wilson’s New Freedom
“The man with only a little capital is finding it harder and harder to get into the field, more and more impossible to compete with the big fellow. Why? Because the laws of this country do not prevent the strong from crushing the weak.”
-Woodrow Wilson, “The New Freedom,” 1913

9. Wilson’s New Freedom Federal Reserve Act
Divided country into 12 districts
Each had a federal reserve bank
Controlled the $ supply
*most important reform*
Set interest rates

10. Wilson’s New Freedom Clayton Antitrust Act 1914
Federal Trade Commission (FTC)
Made sure businesses did not become monopolies
Clayton Antitrust Act 1914
Protected labor unions

11. Quick Check
Write down three things that Wilson passed during his administration under New Freedom

12. New Freedom
Square Deal C C