Fill in the gaps
1. Theodore Roosevelt
2. Trustbuster
3. Arbitration
4. Square Deal
5. Conservation
6. William Howard Taft
7. income tax
8. Progressive
9. Woodrow Wilson
10. New Freedom
11. Tariff
12. Federal Reserve Act
13. Federal Trade Commission
Part 2
14. The purpose of the Federal Reserve Act was to give the
nation a monetary and financial system that is safer, more flexible, and more
stable. In accordance with this purpose, the Federal Reserve Act regulated
banking through a central board over regional banks.
15. President Roosevelt broke up trust in the railroad,
beef, oil, and tobacco industries. Because of his anti-trust prosecutions and regulatory
reforms, President Roosevelt became popularly known as the "trust buster.
He mainly targeted trusts that were found to have jacked up rates and exploited
consumers.
16. The job of the National Conservation Commission was to
prepare an inventory of the nation's natural resources, and develop concepts of
resource management as a comprehensive policy recommendation for the government.
To carry out this job, the commission was sub-divided into four sections – water,
forests, lands, and minerals. Each of the sections had its own chairman.
17. William Howard Taft was elected President of the United
States in 1908. Taft won the 1908 Republican president nomination with the
support of incumbent President Roosevelt, and thereafter won the general
elections. He served as the 27th President of the United States from 1909 to 1913.
18. Although Roosevelt won every primary, Taft won the
Republican nomination because the delegates chosen in the primaries were a
minority. Roosevelt in fact insisted that President Taft had instigated
fraudulent seating of delegates so as to seize the presidential nomination from
the progressive faction of the Party. As a result of this, and with the support
of convention chairman Elihu Root, Taft's conservative faction outvoted
Roosevelt's progressive faction.