Clayton Antitrust Act Apush

APUSH Chapter 23

Hepburn ActA law that strengthened the rate-making power of the Interstate Commerce Commission, again reflecting the era’s desire to control the power of the railroads. It increased the ICC’s membership from five to seven, empowered it to fix reasonable railroad rates, and broadened its jurisdiction. It also made ICC ruling binding pending court appeals.
Underwood Tariff ActAn early accomplishment of the Wilson administration, this law reduced the tariff rates of the Payne-Aldrich law of 1909 by about 15 percent. It also levied a graduated income tax to make up for the lost revenue.
Clayton Antitrust ActAn attempt to improve the Sherman-Anti Trust Act of 1890, this law outlawed interlocking directorates (companies in which the same people served as directors), forbade policies that created monopolies, and made corporate officers responsible for anti-trust violations. benefiting labor, it declared that unions were not conspiracies in restraint of trade and outlawed the use of injunctions in labor disputes unless they were necessary to protect property
Progressive PartyAlso known as the “Bull Moose” party, this political party was formed by Theodore Roosevelt in an attempt to advance progressive ideas and unseat President William Howard Taft in the election of 1912. After Taft won the Republican party’s nomination, Roosevelt ran on the Progressive Party ticket
Federal Reserve ActOne of the most important laws in the history of the country, this act created a central banking system, consisting of twelve regional banks governed by the Federal Reserve Board. It was an attempt to provide the United States with a sound yet flexible currency. The Board it created still plays a vital role in American economy today.
ConservationAs President, Theodore Roosevelt made this principle one of his administration’s top goals Conservation in his view aimed at protecting the nation’s natural resources, but called for the wise use of them rather than locking them away. Roosevelt’s policies were opposed by those who favored preservation of the wilderness over its development
muckrakersUnflattering term coined by Theodore Roosevelt to describe the writers who made practice of exposing the wrongdoings of public figures. Muckraking flourished from 1903 to 1909, in magazines such as McClure’s and Collier’s, exposing social and political problems and sparking reform
seventeenth amendment1913 constitutional amendment allowing American voters to directly elect US senators
sixteenth amendmentThe constitutional amendment adopted in 1913 that explicitly permitted Congress to levy an income tax.
Woodrow Wilson28th president of the United States, known for World War I leadership, created Federal Reserve, Federal Trade Commission, Clayton Antitrust Act, progressive income tax, lower tariffs, women’s suffrage (reluctantly), Treaty of Versailles, sought 14 points post-war plan, League of Nations (but failed to win U.S. ratification), won Nobel Peace Prize
Theodore Roosevelt26th president, known for: conservationism, trust-busting, Hepburn Act, safe food regulations, “Square Deal,” Panama Canal, Great White Fleet, Nobel Peace Prize for negotiation of peace in Russo-Japanese War
William Taft27th president of the U.S.; he angered progressives by moving cautiously toward reforms and by supporting the Payne-Aldrich Tariff; he lost Roosevelt’s support and was defeated for a second term.
later became a supreme court justice
the jungleThis 1906 work by Upton Sinclair pointed out the abuses of the meat packing industry. The book led to the passage of the 1906 Meat Inspection Act.