Woodrow Wilson’s Accomplishments
Graduated income tax
Lowered the work day to only eight hours
Prohibited child labor
The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is the act of Congress that created the Federal Reserve System, the central banking system of the United States of America, which was signed into law by President Woodrow Wilson.
Federal Farm Loan Act of 1916 is a [[United States federal law]] that established twelve regional Farm Loan Banks to serve members of Farm Loan Associations. The act was signed into law by President Woodrow Wilson.
Under the act, farmers could borrow up to 50% of the value of their land and 20% of the value of their improvements. Each bank was given an initial $500,000 deposit of Federal funds to use. The biggest benefit of the act was to allow small farmers to be more competitive with larger businesses. Banks were to provide loans at a competitive rate to small businessmen.
The first item in Wilson’s program was tariff reform, a perennial Democratic objective since the Civil War; the president’s measure, the Underwood Tariff Act of 1913, reduced average rates from 40 percent to 25 percent, greatly enlarged the free list, and included a modest income tax.
The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act. Its principal mission is the promotion of "consumer protection" and the elimination and prevention of what regulators perceive to be harmfully "anti-competitive" business practices, such as coercive monopoly.
16th Amendment of 1913 The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several
States, and without regard to any census or enumeration.
Wilson broke with the big lawsuit tradition of his predecessors Taft and Roosevelt as Trustbusters, finding a new approach to encouraging competition through the Federal Trade Commission, which stopped unfair trade practices. In addition, he pushed through Congress the Clayton Antitrust Act making certain business practices illegal (such as price discrimination, agreements prohibiting retailers from handling other companies' products, and directorates and agreements to control other companies). The power of this legislation was greater than previous anti-trust laws, because individual officers of corporations could be held responsible if their companies violated the laws.
Women's suffrage is the right of women to vote and historically includes the economic and political reform movement aimed at extending suffrage to women, on an equal basis to those for men and without any restrictions or qualifications such as property ownership, payment of tax or marital status.
- Primary archetict in the League of Nations
Woodrow Wilson’s Failures
The Keating-Owen Act of 1916 would have stopped the sale of items produced by child labor, but the U.S. Supreme Court declared it unconstitutional two years later. Wilson pushed through the Espionage Act of 1917 and the Sedition Act of 1918 to suppress anti-war opinions, which resulted in the arrest of socialist Eugene V. Debs. Wilson failed to convince the U.S. to join the League of Nations, which he helped establish. As president of Princeton, Wilson refused to admit black students. Wilson was an avid supporter of segregation in the federal government. Wilson promised to ask Britain to give Ireland its independence. He did not full-fill this promise, which angered Irish-Americans. Wilson was suspicious of all immigrants, especially those from Ireland. He felt they were not fully loyal to the U.S. Wilson tried to manipulate the Mexican Revolution, which made the Mexicans distrust America.
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