Chapter 29- Flashcards
An act establishing twelve Federal Reserve Banks and a Federal Reserve board, appointed by the president, to regulare banking and create stability on a national scale in the volatile banking sector. The law carried the nation through the financial crises of the First World War of 1914-1918
Federal Reserve Act (664)
A banner accomplishment of WW administration, this law empowered a standing, presidentially appointed commission to investigate illegal business practices in interstwte commerce like unlawful competition, false advertising, and mislabeling of goods.
Federal Trade Commission Act (664)
Law extending the anti-trust protections of the Sherman Anti-Trust Act and exempting labor unions and agricultural organizations from antimonopoly constraints. The acr conferred longoverdue benefits on labor.
Clayton Anti-Trust Act (665)
Companies that own part or all of other companies’ in stock in order to extend monopolu control. Often, a hokding company does not produce goods or services of its own but only exists to control other companies. The Clayton Anti-Truet Act of 1914 sought to clampxdown on ghese companies when they obstructed competition
Holding companies (665)
Passed under WW, this law granted assistance to federa, civil-servkde employees during periods of disability. It was precursor to labor-friendly legislation passed during the New Deal.
Workingmen’s Compensation Act (665)
This law established an 8 hr day for all employees on trains involved in interstate commerce, with extra pay for overtime. This first federal law regulating the hours of workers in private companies, it was upheld by the Supreme Court in Wilson v. New
Adamson Act (665)
Law accordkng territorial status to the Phili and promising independence as soon as a “stable government” could be established. He US did not grant the Phili independencd until July 4, 1946
Jones Act (666)
An arrest of Amsailors by the Mexican government that spurred WW to dispatch the Am navy to seize the port of Veracruz in April 1914. Although war was avoided, tensions grew between the US and Mex
Tampico Incident (668)
Gemrany and Austria-Hungary, later joined by Turkey and Bulgaria, made up this alliance against the Allies in WWI
Centeal Powers (669)
Brit, Russia, Fra, later joined by Italy, Japan, and the US, formed this alliance against the Central Powers in WWI
Allies (669)
Germ submarines, named for the German Unterseeboot, or “undersea boat,” proved deadly for Allied ships in the war zone. U-boats attacks played an important role in drawing the US into the First World War
U-boats (671)
Brit passenger liner that sank after it was torpedoed by Germany on May 7, 1915. It ended the lives of 1,198 people, including 128 Americans, and pushed the US closer to war
Lusitania (671)
German foreign secretary Arthur Zimmerman had secretly proposed a German Mexican alliance against the US. Note was intercepted and published in March 1917, it caused an uproar that made some Americans willing to enter the war
Zimmerman note (673)
WW proposal to ensure peace after WWI, calling for an end to secret treaties, widespread arms reduction, national self determination, and a new league of nations
14 points
A government office during WWI known popilarly ss the Creel Committee for its chairman George Creel, it was dedicated to winning everyday Americans’ support for the war effort. It refularly distributed prowar propaganda and sent out an army of four minute men to rally crowds and deliver “patriotic pep”
Committee on Public Information (675)