AMH-2020 Lecture Notes - Lecture 6: Federal Farm Loan Act, Clayton Antitrust Act, Adamson Act
Document Summary
Progressive legislation under wilson: (cid:862)ne(cid:449) freedo(cid:373)(cid:863) agenda, underwood-simmons tariff act. The tariff rate goes down for the first time in decades. To compensate for lost revenue, he establishes the first national income tax: clayton anti-trust act. Restricts trusts by prohibiting corporate directors from serving on the boards of. Election of 1916 competing companies: wilson (d) vs hughes (r, both progressive, just different parties, similar political platforms, wilson wins reelection. More legislation under wilson: federal farm loan act. Go(cid:448)"t (cid:449)ould guara(cid:374)tee loa(cid:374)s to far(cid:373)ers at lo(cid:449) i(cid:374)terest rates: keating owen act. Prohibited products made by child workers (<14 yrs old) to cross state lines: adamson act. Required workers to receive overtime pay for working >8 hrs a day. Step toward creating an 8 hr workday. Progressivism in the states: strong in the midwest and western states, states passed own legislation, political reforms. Enough signatures=place a statute or amendment on ballots. Allow citizens to appeal certain acts of a legislature.
