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Assassination of William McKinley
Anarchist Leon Czolgosz assassinates President McKinley while visiting the Pan-American Exposition in Buffalo, New York. -
Roosevelt Takes Office
Vice President Theodore Roosevelt becomes president at the age of forty-two, making him the youngest man to hold office. -
The Square Deal
The Square Deal attempted to confront the problems caused by economic consolidation by distinguishing between “good” and “bad” corporations. -
Reelection
Roosevelt is reelected for his second term in office. -
Hepburn Act
The Hepburn Act gave the Interstate Commerce Commission the power to examine railroads’ business records and to set reasonable rates, a significant step in the development of federal intervention in the corporate economy. -
Pure Food and Drug Act
This act established a federal agency to police the quality and labeling of food and drugs. -
Taft Takes Office
William Howard Taft, a federal judge from Ohio, takes office. -
Payne-Aldrich Tariff
This tariff reduced rates on imported goods. -
Standard Oil Company: Broken Up
Taft persuaded Congress to declare Standard Oil Company in violation of the Sherman Antitrust Act and ordered it to breakup into separate industries. -
Roosevelt Vs Taft
Roosevelt challengedTaft for the Republican nominee. However, when Roosevelt lost, he created an independent campaign with the new Progressive Party, also known as the Bull Moose Party. -
The Election of 1912
The presidential election between Taft, Roosevelt, Democrat Woodrow Wilson, and Socialist Eugene V. Debs. Wilson won. -
The Clayton Act of 1914
This act prohibited exclusive dealing, and exempted labor unions from antitrust laws. -
Federal Trade Commission
Established by Congress to investigate and prohibit unfair business activities like monopolistic practices. -
The Keating-Owen Act
This act outlawed child labor in the manufacture of goods sold in interstate commerce. -
Adamson Act
This act established an eight-hour work day on the railroads.
