Progressive Era
The first years of the 1900s is referred to as the "Progressive Era." This is because reformer were successful in what they did. Their reforms helped America "progress" to new changes. Teddy Roosevelt is one of these reformers. He broke up the large railroad trust. The four big railroads in the Northwest was controlled by one holding company by the name of the Northern Securities Company. Since this company owned all the stock in the four major railroads it set all of the rates. So Roosevelt sued the NSC under the Sherman Antitrust Act for having a monopoly. Roosevelt then broke up the beef trust, the oil trust, and the tobacco trust. This reform helped America progress to new changes because Roosevelt started to get the federal government to regulate big businesses and help out the consumer; something that had not been focused on too heavily. Roosevelt also involved the federal government in the coal strike of 1902. The miners went on strike to improve th
This was for banking and currency reform. eir working conditions but the mine owners refused to deal with the miners. Most states began passing child labor laws, workman's compensation was established, women minimum wage laws were started, and intoxicating liquors were outlawed. To make sure this would not happen some cities got rid of the mayor and city council and replaced them with a small commission. The Federal Reserve Act created a new currency too. He started out by making tariff reforms. The country was divided into twelve districts each with a Federal Reserve bank. Then Roosevelt intervened and got the discussions between he miners and the owners started. So the early 1900s could accurately be described as the "Progression Era. Every national bank had to become a member of the Federal Reserve System. Voters had the right to chose candidates for public office, a commission was set up to control railroad rates a competitive civil service was created, restrictions were put on lobbying, and laws were passed for conservation, supervision of state banks, and higher taxes taxes on corporations. These reforms helped America progress by making a new trade law and a new flexible currency along with an easier banking method. This act helped the member banks in time of panic. Roosevelt was important in reforming and progressing America by involving the government in regulating big businesses and helping out the common man.
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