THEODORE ROOSEVELT AS PRESIDENT
·
Became
President upon the death of President William McKinley who had been shot by an
assassin while attending the Pan-American Exposition on September 6, 1901. McKinley died eight days later. Roosevelt
was the youngest president to that time.
The Republican Party leaders never intended T.R. to be President, but
now they have to contend with him.
·
Until
his election in his own right in 1904, T.R. will largely continue the policies
of President McKinley, however, T.R. was a Progressive president and will have
the support of the progressives. He
strongly support labor and wanted labor, the owners, and the public to have
what he called a “SQUARE DEAL.” This
becomes the term/slogan to describe his presidency.
·
He
began to show his support for labor in 1902 when a strike broke out at the
anthracite coal mines in Pennsylvania. The workers were demanding much needed
changes for their safety, a pay increase, and a reduction in work hours. The mine owners would not give in to the
demands. Roosevelt
brought the mine owners to the White House and will threaten to take over the
mines and run them using the army. THIS
WAS THE FIRST TIME THAT THE FEDERAL GOVERNMENT HAD THREATENED TO USE FEDERAL
TROOPS AGAINST OWNERS; in the past they had been used against the workers. The mine owners will agree to a 10% pay raise
and a 9-hour workday for the workers.
·
In
1903, at Roosevelt’s insistence, the
Department of Commerce and Labor was created by Congress.
·
Roosevelt will begin to go after the monopolies/trusts
also. This was not something that
McKinley would have done. This will
begin his “trust-busting”
reputation. He will go after the
RAILROADS first by getting congress to pass long needed regulations.
o
Elkins
Act passed in 1903. It would place heavy
fines on a railroad that gave rebates and would fine those who accepted the
rebates.
o
Hepburn
Acts passed in 1906. It makes it illegal
for the railroads to offer free passes as a means of bribing. It also will strengthen the Interstate
Commerce Act.
o
One
of his earliest trust-busting actions was against the NORTHERN SECURITIES
COMPANY, created by J.P. Morgan and James J. Hill. This gave them control of the railroads in
the Northwest.
§
Roosevelt brought an anti-trust suit against the company.
§
The
Supreme Court upheld his suit and the company was dissolved.
§
This
completely surprised owners and angered them as well.
·
You
need to understand that Roosevelt did not see
all trust as bad. To him, there were
“good” and “bad” trusts. He did not
believe that all trusts should be broken up.
It is said that he believed that if there were big businesses then the
government should be big enough to control them. His primary belief was in REGULATING them
rather than BREAKING THEM apart.
·
Roosevelt
will bring over 40 suits against trusts, but it is said that by one historian,
“In many ways, the huge industrial behemoths were healthier—though perhaps more
“tame”—at the end of Roosevelt’s reign than they had been before.” (Bailey
& Kennedy, The American Pageant, 9th ed., 1991, page
677).
·
Meat
Inspection Act passed by Congress in 1906; Pure Food and Drug Act passed in
1906: these are intended to protect the
consumer
·
CONSERVATION
was a big interest of Roosevelt. Some believe that it might be his most
lasting legacy.
·
Presidential
Election of 1904: Roosevelt
elected easily(Republican). He announced
that he would not run for re-election in 1908.
·
Roosevelt continued his crusade to regulate big business and to
support labor.
·
Is
blamed by his opponents for the Panic of 1907; they blamed his government
interference in business as the cause; of course, Roosevelt
blames some of the big businesses for the Panic. Congress will pass the ALDRICH-VREELAND ACT
in 1908 (Google it.). It will give
national banks the freedom to issue emergency funds. This will be a pre-cursor to the Federal
Reserve Act which will be passed in 1913 during Wilson’s presidency and is still “on the
books” today.
AN
ADDITIONAL POINT ABOUT THE PANAMA CANAL (In addition to your in-class notes)
·
The
recognition of the need for quick movement of naval forces from the Pacific to
the Atlantic had been the realized during the
Spanish-American War. Therefore, efforts
to build an isthmian canal had increased.
·
In
the Hay-Pauncefote Treaty of 1901, Great Britain
gave the U.S.
the “OK” to build a canal and fortify it without British partnership.
·
In
1902, Congress finally gave approval to a Panamanian route rather than a
Nicaraguan route.
·
Panama was a part of the country of Colombia at
this time.
·
Treaty
negotiations were opened with Colombia
and Colombia rejected the U.S. offer.
·
President
Roosevelt wants the canal to be built; he will support helping Panamanian
rebels overthrow their Colombian rulers in 1903 by using the U.S. Navy to
prevent the Colombians from interfering, and Roosevelt
immediately recognizes the new Panamanian government.
·
The
HAY-BUNAU-VARILLA TREATY was negotiated.
The U.S. paid the
French company that owned the rights to build a canal in Panama $40 million and Panama gave the U.S.
a 10-mile wide zone to have as long as they wanted it, and the U.S. paid Panama $10 million and $250,000 per
year.
·
Roosevelt’s
support of the revolution did not improve the reputation of the U.S. in Central and South
America and will result in further accusations of the U.S.
IMPERIALISM. Roosevelt’s
actions did help his POPULARITY at home as the 1904 Election approaches.
·
Work
on the canal started in 1904.
o
Colonel
George Goethals was in charge of building the canal.
o
Colonel
William Gorgas was in charge of eradicating the mosquitoes that caused Yellow
Fever.
o
Canal
completed in 1914; cost was $400 million
PRESIDENTIAL
ELECTION OF 1908
·
Keeping
his promise, T.R. will not run for President.
·
Republicans
nominate WILLIAM HOWARD TAFT. He was T.R.’s personal choice for the
nomination. He was 6 feet tall and
weighed 350 pounds.
·
Democrats
nominate William Jennings Bryan.
·
TAFT
WON EASILY.
TAFT’S PRESIDENCY
·
He
was by no means a Theodore Roosevelt.
·
Roosevelt
has left the country to go to Africa on a
hunting safari.
·
Was
not as strong a progressive as Roosevelt.
·
His
approach to foreign relations was to use DOLLAR DIPLOMACY rather than the BIG
STICK policy of T.R.
·
He
will be a greater “trust-buster” than TR.
·
Eventually,
he will LOSE THE SUPPORT OF ROOSEVELT because
of some of his policies and actions.
·
He
will also LOSE THE SUPPORT OF THE PROGRESSIVES for the same reasons.
·
PROGRESSIVES
and ROOSEVELT turn against Taft largely over the following:
o
Taft’s
support for the PAYNE-ALDRICH BILL which did not reduce tariffs as Taft had
promised and even raised tariffs on many products.
o
Taft’s
support of Secretary of the Interior Ballinger’s opening up of lands in several
western states for development by companies.
GIFFORD PINCHOT, head of the Department of Forestry strongly criticized
this and Taft FIRED Pinchot. Pinchot had
been appointed by Roosevelt. Conservationists strongly opposed Ballinger’s
and Taft’s decisions. This will also
anger Roosevelt.
o
Taft’s
support of Speaker of the House, Joe Cannon who was continuously blocking
Progressive efforts in the House of Representatives. This will be what finally results in a SPLIT
WITHIN THE REPUBLICAN PARTY and ROOSEVELTS’
SPLIT WITH TAFT.
·
Roosevelt, upon his return to the states in 1910 began to speak
out against Taft and his policies. He
let it be known that he believed the national government’s power should be
increased to solve the problems the nation was facing. This will be known as NEW NATIONALISM.
·
Then,
in 1911, Roosevelt split even further with Taft when Taft pursued a suit against the
UNITED STATES STEEL CORPORATION. Roosevelt had supported the creation of this trust when
President.
·
Republicans
lose control of the House of Representatives in the 1910 mid-term elections and
only slightly keep control of the Senate.
THE PARTY IS SPLIT.
·
This
brings us to the Presidential ELECTION
OF 1912.
ELECTION OF 1912
·
Democrats
nominate WOODROW WILSON. He was a strong progressive, had been
president of Princeton
University and prior
to this nomination, Governor of New Jersey.
The Democratic platform will be based on reform. His program will be known as NEW FREEDOM. (Google this.)
·
Republican
Party will refuse to nominate Roosevelt who had sought the party’s
nomination. They will nominate WILLIAM HOWARD TAFT and Roosevelt and
his supporters leave the Republican convention very angry.
·
Progressive
Party will nominate THEODORE ROOSEVELT,
splitting the Republican ticket. It will
also be referred to as the Bull Moose Party due to a comment by TR that he was
strong as a Bull Moose. His program will
be called NEW NATIONALISM. (Google this.)
·
The
Socialist Party will nominate Eugene V. Debs.
Just a note, he had been the socialist nominee in the two previous
presidential elections. He had been the
leader of the American Railway Union during the Pullman Strike of 1894. Debs and his members had refused to stop
striking after the courts had issued an INJUNCTION for them to do so. Debs was jailed for 6 months and following
this be joined the Socialist Party.
·
WILSON
WON overwhelmingly in
the electoral vote but did not receive a majority of the popular vote. He will be what is known as a MINORITY
PRESIDENT since he does not receive a majority of the popular vote. Roosevelt was second. He will be ONLY THE SECOND DEMOCRATIC
PRESIDENT SINCE Zachary Taylor before the Civil War. (GOOGLE THIS ELECTION).
WOODROW WILSON’S PRESIDENCY
·
Terms
describing Wilson: idealist, very
religious (Presbyterian), uncompromising, an intellectual, did not like
journalists, stubborn. He had a great
ability to appeal to the people, especially when he was facing opposition to
his program, and the people would hold their elected congressmen
accountable.
·
As
part of his New Freedom, he will move to reduce the tariff, reform the banking
system, and attack the trusts/monopolies.
·
Major
legislation during his first term:
o
Underwood
Tariff, 1913: Wilson will actually go
before Congress to present what he wanted.
This had not been done since before Thomas Jefferson. (GOOGLE THE UNDERWOOD TARIFF).
o
Federal
Reserve Act, 1913: Created the Federal
Reserve Board and established 12 Federal Reserve districts with a Federal
Reserve Bank in each district. It also
authorized the Federal Reserve Board to issue paper money. This allows for the amount of money in circulation
to be increased if necessary. This was a
MAJOR piece of banking legislation for the nation and was greatly needed.
o
Federal
Trade Commission Act, 1914: Allowed a
commission to investigate for business practices that were harmful to the
public and practices that were monopolistic.
o
Clayton
Anti-Trust Act, 1914: listed wrongful
business practices; will also prevent labor unions and agricultural
organizations from being prosecuted using antitrust laws and will legalize
strikes. Was called the “Magna Carta
of Labor” by Samuel Gompers.
o
Workmen’s
Compensation Act, 1916: allows federal
financial assistance to federal civil
service workers if they experienced a disability while working.
o
Other
legislation was passed by Congress to help railroad workers with an 8-hour work
day if the train was involved in interstate commerce.
o
Federal
Farm Loan Act, 1916: farmers could
receive credit at low interest rates.
·
Wilson’s
progressivism did NOT improve the condition of blacks.
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