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Presidency of Grover Cleveland
The only president in U.S. history to serve two separate terms. He was president during the Panic of 1893, which produced a severe national depression, and he was unable to reverse it. -
The gold standard
When the value of money was set to strictly gold, no silver. -
Period: to
Theodore Roosevelt presidency
Was a war hero after serving with the rough riders during the Spanish American war. Assassinated shortly after becoming president, however He remains the youngest person to become President of the United States. -
Roosevelt Corollary
Stated that the United States will intervene in conflicts between the European countries and Latin American countries to enforce legitimate claims of the European powers, rather than having the Europeans press their claims directly. -
Period: to
William Howard Taft Presidency
He focused on East Asia more than European affairs and repeatedly intervened to remove Latin American governments. His administration was full of conflict between the conservative wing of the Republican Party, with which Taft often sympathized, and the progressive wing, toward which Roosevelt moved more and more. -
Sixteen Amendment authorizing income tax ratified
Allowed the government to tax income without the hobbling apportionment requirement. -
Federal reserve established
Established as the central banking system of the United States. -
Period: to
Woodrow Wilson presidency
The passage of the Revenue Act of 1913, which lowered tariffs and implemented a federal income tax, was his first priority. Wilson maintained a policy of neutrality between the Allied Powers and the Central Powers during the beginning phases of WWI. -
U. S. troops occupy Vera Cruz
Due to poor relationships between US and Mexico and stir of the Mexican revolution the battle of Vera Cruz occurred. -
World War One starts
Archduke Franz Ferdinand of Austria was assassinated on June 28, 1914. This was the immediate cause but there were a series of events which triggered the war eventually beginning on July 28. -
Panama Canal oppened
The Panama Canal is a, man made, 82 km waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean. -
The Sinking of the Lusitania
Germany wages war against the US by sinking a civilian ship. Ultimately leads to U.S. joining WWI -
End of WWI
Germany,deprived of manpower and supplies and faced with imminent invasion, signed an armistice agreement with the Allies in a railroad car outside Compiégne, France.
