Sussex
Germany agreed not to sink unarmed passenger ships with out warning. They violated this in 1916 when they torpedoed this French passenger ship. Wilson threatened to break diplomatic relations because of this.
Subject:
Chapter 32 - Wilsonian Progressivism at Home and Abroad
LUSITANIA
The Lusitania was a British passenger ship that was sunk by a German U-Boat on May 7, 1915. 128 Americans died. The unrestricted submarine warfare caused the U.S. to enter World War I against the Germans.
Subject:
Allies
Composed of France, Britain, and Russia, and later Japan and Italy, the Allies fought the Central Powers in World War I. The United States joined the Allies in 1917, and after major economic and military blows, World War I ended with the Treaty of Versailles.
Subject:
Jones Act
Jones Act (1916): signed by President Wilson, it granted territorial status to the Philippines and promised to grant independence as soon as a stable government was established.
Subject:
Federal Farm Loan Act
Passed by president Wilson in 1916. Was originally a reform wanted by the Populist party. It gave farmers the chance to get credit at low rates of interest.
Subject:
Clayton Act
This helped to control monopolies by lengthening the Sherman Act's list of business practices that were objectionable (interlocking directorates). It exempted labor and agricultural organizations from antitrust prosecution; legalized strikes and peaceful picketing.
Subject:
Federal Trade Commission
A committee formed to investigate industries engaging in interstate commerce. It was created to stop unfair trade practices and to regulate and crush monopolies.
Subject:
Federal Reserve Act
The most important piece of economic legislation between the Civil War and the New Deal. It created a regulatory agency for banking with 12 regional reserve districts. Each bank was independent but was controlled by the Federal Reserve Board, which was controlled by the public. The Federal Reserve controls the amount of money in circulation through reserves and interest rates.
Subject:
Sixteenth Amendment
It was adopted in 1913 and stated that Congress shall have the power to lay and collect income taxes. This amendment was passed because earlier the Supreme Court had declared that an income tax was unconstitutional. It was part of the progressive movement. It was created to shift the burden of taxes to the wealthy.
Subject:
Underwood Tariff (1913)
The Underwood Tariff, substantially reduced import fees. Lost tax revenue would be replaced with an income tax that was implemented with the 16th amendment.
Subject:
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