Progressive Presidents

Chapter 21 Section 3

Theodore Roosevelt Received the Republican vice-presidential nomination in

1900 Became president after President McKinley was

assassinated  

The “Trustbuster” Roosevelt was known to support business regulation and

other progressive reforms Northern Securities Company – railroad monopoly formed

by JP Morgan and James Hill The Supreme Court decided that Northern Securities had

illegally limited trade and ordered the trust to be taken apart

Known as the TRUSTBUSTER, Roosevelt felt that trusts should be regulated, not destroyed

Labor Crisis United Mine Workers went on strike in 1902 and the strike

went on for months and coal supplies dwindled Roosevelt sent federal troops to work in the mines arbitration – settling a dispute by agreeing to the decision

of an impartial outsider• Square Deal square deal – fair and equal treatment for all laissez-faire – French term meaning “let people do as they

choose” 

Conserving the Wilderness conservation – the protection and preservation of natural

resources In 1905, Roosevelt proposed the U.S. Forest Service

William Howard Taft In 1908, Roosevelt chose William Howard Taft to run

for president Sixteenth Amendment – gave Congress the power to

tax people’s income to generate money for the federal government (Income Tax) 

Roosevelt Challenges Taft Roosevelt decided to run for president again against

Taft Roosevelt and his followers formed the Progressive

Party The Progressive Party was also known as the

Bull Moose Party

The Election of 1912 The Democrats nominated Woodrow Wilson, who

won the election because of the split in the Republican party

Wilson in the White House Wilson also criticized big government and called his

program “New Freedom” Federal Reserve Act – passed by Congress to

regulate banking Federal Trade Commission – formed to investigate

corporations for unfair trade practices Clayton Antitrust Act –passed to regulate trusts