American History Chapter 16-4 Taft and Wilson Election of 1908 • Rep. William Taft v. Dem. William Bryan. • Taft won easily with support from Pres. Roosevelt. – Passed the 16th Amendment: Power of Congress to levy taxes based on an individual’s income. Republican Party Splits • Taft lost support of the Progressive Republicans: – Signed the Payne-Aldrich Tariff bill, raising tariffs. – Fired Forest Service chief Gifford Pinchot, causing Roosevelt to withdraw his support of Taft. • Election of 1912: – Rep. Party chose Taft as their candidate. – Progressive rep. chose Roosevelt. (Bull Moose Party) – Democrats chose Woodrow Wilson. • Woodrow Wilson dominated & became the 28th president of the United States. 1912 Election Results President Wilson • Promised New Freedom: – Lower tariffs, bank reform, stronger antitrust laws. • Underwood Tariff Act: Reduced tariffs & assessed a graduated income tax. • Federal Reserve Act: Created a 3-tier banking system. – Fed. Reserve Board, appt. by the pres. to run the system. – 12 Fed. Reserve banks to serve other banks. – Private banks to serve the public. • Clayton Antitrust Act: Specified illegal trusts & made peaceful strikes & boycotts legal. – FTC created to enforce the antitrust law & crack down on deceptive advertising. Federal Reserve System Women Gain Suffrage • National Women’s Party: Started in 1916 by Alice Paul. – Pushed for an amendment to give women voting rights. • Picketed the White House/ chained themselves to fences. • Went on hunger strikes in jail. • Organized marches & lobbied. • 19th Amendment: Ratified in 1920 – gave women full voting rights. Progressive Movement • Had limited impact on the rights of black Americans. – Brownsville Incident: Pres. Roosevelt dishonorably discharged 167 African American soldiers in 1906. – Was not corrected until 1972. • WWI would end the Progressive Era in the U.S.