Progreesive Era
The Progressive Era provided a solid effort to improve the life of Americans by emerging presidents and multiple reforms. Through the progressive politicians, trusts were busted and relief was given to small businesses. Working and societal conditions were forever reformed during the Progressive Era. During the Progressive Era Americans had a positive effect on their countries development with the help of leaders such as Roosevelt and Taft. Roosevelt is immortalized on Mount Rushmore now and forever because of his progressive tactics in his term. Roosevelt's Anti-Trust policy of 1902 pledged government intervention to break up illegal monopolies and regulate corporations for the public good. Roosevelt felt that "bad" trusts threatened competition and markets. His ingenious "square dealings" and "gentlemen's agreements" controlled many firms. In 1903, he opened a new cabinet position was created to address the concerns of business and labor (Department of Commerce and Labor). Within the department, the Bureau of
Therefore in his way of dealing with trusts, Wilson proposed to deal with the problems of corporate power with court enforcement of the Sherman Act. Corporations was empowered to investigate and report on illegal activities of corporations. In 1914 he passed the Clayton Antitrust Act, it would only apply to where the effect may be to substantially lessen competition or tend to create a monopoly in any line of commerce, the main thing was to prevent the trust from unfairly using their power to curb that free competition. The Underwood-Simmons Tariff Act not only pared rates down to an average of 23 percent but also spurred competition and reduce prices for consumers. The Wilson administration brought together many of the policies and initiatives of the previous Republican administrations, and reform efforts in Congress by both parties. In conclusion to all of these accomplishments during Roosevelt's term, Theodore Roosevelt's progressive tendencies brought new meaning to government regulation and provided a successful contribution to the Progressive Era. Wilson favored a Federal Reserve Banking System, which provided regulation and flexibility to monetary policy. In the Progressive Era the leaders Theodore Roosevelt and Woodrow Wilson lead America to success. In conclusion, the Progressive Era was successful to both an economical and social extent. The Keating-Owen Act in 1916 protected the children of the work force and The Federal Farm Loan Act, 1916, was a credit reform for agriculture and an independent tariff commission came about later in 1916. With these, more rights were then given to the children from the abuses of child labor and also farmers were now protected also from a decrease in sales for high tariffs. Nor did Wilson think that the abuse of power could be prevented without a strong federal government. Wilson achieved a lower tariff reform with the Underwood-Simmons Act in 1913 and a graduated income tax through the 16th amendment. This was significant because with this he tried to make the long-established antitrust approach work better. Wilson succeeded in both social as well as economic affairs because he enforced ways to help the general public.
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