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Wilson Wins Financial Reforms
• Clayton Antitrust Act (1914) – Made it more difficult to form monopolies– Held officers of a company legally responsible for
the company’s actions– Labor unions and farm organizations not
considered trusts– Strikes, peaceful picketing, and boycotts are legal
Wilson Wins Financial Reform
• Federal Trade Act – Established the Federal Trade Commission • Given power to investigate corporations and unfair
business practices
• Underwood Act– First substantial reduction of tariffs since Civil War
Wilson Wins Financial Reform
• Sixteenth Amendment– Legalized a graduated federal income tax– Applied to individuals and corporations
• Federal Reserve System – Established a decentralized private banking system
under federal control
Women Win Suffrage
• New Developments– Increased activism of local and grass root
organizations– Use of new strategies to build enthusiasm – Regeneration of national movement under Catt
• 19th Amendment– Gave women the right to vote
The Limits of Progressivism
• Wilson Retreats on Civil Rights– Opposed a federal anti-lynching law– Appointed segregationists to his cabinet– Failed to oppose the re-segregation of federal
offices
• America’s entry into WWI ends Progressivism
Summary of Progressivism
• Progressive Era Video Clip