Upload
charla-nash
View
218
Download
0
Embed Size (px)
DESCRIPTION
Taft Pursues Dollar Diplomacy When William Taft assumed the role of president, he focused his foreign policy on trade. Thus, he believed the way to interact and control another country was through the use of money, known as ‘dollar diplomacy’. Taft believed that dollars could be substituted for bullets. Taft aimed to increase American investment in businesses and banks in Central America/the Caribbean.
Citation preview
Presidencies of Taft and Wilson
Taft Diverges from Roosevelt When his second term ended, Roosevelt left the
presidency to enjoy his private life. He handpicked his successor to be his Secretary of War, William Howard Taft.
Roosevelt believed that Taft would continue policies that he had started, such as lowering tariffs.
Two major pieces of legislation under Taft include: Payne-Aldrich Act lowered tariffs (though not as much as
Roosevelt had intended) Mann-Elkins Act gave government ownership of telephone
and telegraph rates. • Most unlike Roosevelt though, Taft did not distinguish
between ‘good’ trusts and ‘bad’ trusts– to him, all trusts were bad.
Taft Pursues Dollar Diplomacy When William Taft assumed the role of
president, he focused his foreign policy on trade. Thus, he believed the way to interact and
control another country was through the use of money, known as ‘dollar diplomacy’.
Taft believed that dollars could be substituted for bullets.
Taft aimed to increase American investment in businesses and banks in Central America/the Caribbean.
Wilson Pursues Moral Diplomacy President Wilson’s foreign policy was even more different from
Roosevelt’s than Taft’s. Instead of territorial conquest, Wilson believed in promoting human
rights and integrity in these countries, known as ‘moral diplomacy’. However, both Taft and Wilson used the U.S.’ strong military when
necessary. One of these instances was in Mexico in 1914 to help pro-
American Venustiano Carranza attain power. When Mexican rebels, led by Pancho Villa, crossed the border into
New Mexico and killed 18, Wilson sent troops after him, led by John J. Pershing. Villa managed to evade Pershing for months, and eventually Wilson
was forced to withdraw troops, with the onset of WWI.
The Election of 1912
William Taft won the Republican nomination for the election of 1912.
In response, Theodore Roosevelt went and formed his own party– the Bull Moose Party, and joined the race as a third-party candidate.
Republicans were split over the two men, so a united Democratic Party was able to capture the White House with their candidate, Woodrow Wilson.
Progressivism’s Lasting Legacy
When Wilson took office, he wanted to reignite the progressive legislation that Roosevelt had begun, and Taft had since weakened.
His collective goals were known as the New Freedom because he wanted to provide new opportunities (freedom) for small businesses. He would accomplish this by putting in place
strict government controls on corporations.
Progressivism’s Lasting Legacy The Progressive Era witnessed many changes in
almost every facet of American society. In regards to politics, changes occurred
regarding election rules and who was eligible to vote (women);
Economically, regulation of big business through the establishment of gov. agencies and legislation remains to this day;
Improvement in both work and housing conditions bettered the standard of living for poor workers.