Terms 141-150 Flashcards

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1
Q

Ballinger-Pinchot Dispute

A

Ballinger, Sec of Interior, was developing public land of Alaska. Pinchot found out and asked Taft to dismiss him. Went to Senate and fired for insubordination

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2
Q

Sixteenth Amendment

A

Allows the government to tax income

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3
Q

“New Freedom”

A

Wilson’s progressive program, differed from Roosevelt’s New Nat’lism b/c Wilson wanted to destroy monopolies

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4
Q

NAACP

A

Founded in 1909 to improve living conditions for inner city Blacks, evolved into a national organization dedicated to establishing equal legal rights for Blacks.

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5
Q

I.W.W. or Wobblies

A

Radical labor union led by William “Big Bill” Haywood. Wanted to get rid of “wage slave” and political protest

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6
Q

“Dollar Diplomacy”

A

A policy aimed at furthering the interests of the US by encouraging the investment of US capital in foreign countries in order to safeguard US capital

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7
Q

Lodge Corollary

A

It was a Corollary to the Monroe Doctrine; stated that non-European powers could not own territory in the Western Hemisphere.

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8
Q

Underwood-Simmons Tariff Act

A

Lowered tariffs on hundreds of items that could be produced more cheaply in the U.S. than abroad

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9
Q

Clayton Antitrust Act (1914)

A

Fixed “Sherman” loopholes. Made four things illegal: ruinous price cutting, tying contracts, inter corporate investments, and interlocking directorates

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10
Q

Federal Reserve Act (1913)

A

Created 12 district banks that would lend $ at discount rates (could increase/decrease amt. of $ in circulation); loosen/tighten credit with nation’s needs; first central banking system since 1836

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