William H. Taft was the candidate in the1912 presidential election that angered big business and reformers.
William Taft was not well liked because he implemented some unpopular policies like the reduction of tariffs on imports. He also implemented the concept of Dollar Diplomacy as a United States foreign policy. With this policy, American bankers loaned big sums of money to Latin American and Eastern Asia countries to protect US interest. This way, powerful companies had presence in these countries to control many aspects of the economy and influence economic and political decisions in favor of the US.
