1. 8:3 ● Election of 1912 ● Theodore Roosevelt, “Bull Moose” Party ● Woodrow Wilson ● Taft ● Wilson wins with 41% of the popular vote ● 28 th President: Woodrow Wilson (1913-1921)

2. 8:3 ● Wilson's Legacy ● Underwood Tariff (1913) – Reduced tariffs on imported goods by 30% – Created the “income tax”

3. 8:3 ● Wilson's Legacy ● Federal Reserve Act (1913) – Gave government the power to regulate banks – Control interest rates – Control amount of money in circulation

4. 8:3 ● Wilson's Legacy ● Federal Trade Commission (1914) – Prosecute businesses that stifled competition ● Congress Responds ● Clayton Anti-Trust Act (1914) – Businesses could not show favoritism or discrimination (economically)

5. 8:3 ● The Limits of Progressivism: ● Did not limit race or religious discrimination ● National Association for the Advancement of Colored People (NAACP) – W.E.B. DuBois ● Anti-Defamation League (ADL) ● Sigmund Livingston ● Remove negative portrayals of Jews in movies, print, and on stage