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Tariff of 1824
Protective tariff design to protect American industry from cheaper British commodities. -
Tariff of Abomination
Raised tax on imports to reduce foreign competition with American industry. Called the Tariff of Abomination by the south. -
Tariff of 1832
Created to stop land speculations due to states printing paper money without specie (gold or silver). Requiring land to be paid in specie. -
Compromise Tariff
Created to lower rates after southern objections to the Tariffs of 1828 and 1832. -
Walker Tariff
Made large cuts to the Tariff of 1842 by the Whig party. -
Morrill Tariff
Added excise taxes and instituted the first income tax. -
Homestead Act
Promoted settlement on the Great Plains by offering 160 acres of land for free to families for five years. -
Morrill Land Grant
Encourages states to use the sale of federal land grants to maintain agricultural and technical colleges. -
The Pacific Railroad Act
Authorized the building of a transcontinental railroad over northern routes to create link economies of Calfornia with eastern states. -
Mongrel Tariff
Reduced high tariffs a certain amount and replaced it with slightly strong protectionist barriers. -
McKinley Tariff
Raised the tax on foreign products to a peacetime high of more than 48%. -
Sherman Antitrust Act
Prohibited monopolies from creating Trusts. -
Big Brother Policy
The hope of creating markets for business in Latin America. -
Wilson-Gorman Tariff
Provided a moderate reduction in tariff rates and included a 2% income tax on incomes more than $2,000. -
Dingley Tariff
Increased the tariff to more than 46% and in 1900 making gold an official standard of the US currency, -
Open Door Policy
The US sought to trade freely with China -
Elkins Act
Allowed the Interstate Commerce Commission to have the authority to prevent railroads from giving rebates to favored customers. -
Hepburn Act
Interstate Commerce Commissions (ICC) could fix just and reasonable rates for railroads. -
Payne-Aldrich Tariff
Passed by conservative Republicans, it raised the tariff on most imports. -
Mann-Elkins Act
Gave ICC the power to suspend new railroad rates and oversee telephone, telegraph, and cable companies. -
Underwood Tariff
Substantially lowered tariffs and included a graduate income tax with rates from 1 to 6 percent. -
Sixteenth Amendment
Authorized US gov. to collect an income tax. -
Clayton Antitrust Act
Organized unions and contained a clause exempting unions from being prosecuted trusts. It strengthened the Sherman Antitrust Act. -
Federal Trade Act
Agency empowered to investigate and take action against any unfair trade practice in all industries except banking and transportation. -
Federal Reserve Act
Establish a national banking system with 12 district banks supervised by the Federal Reserve Board. -
Federal Farm Loan Act
Establish 12 regional farm loan banks to give farm loans at low rates. -
Fordney-McCumber Tariff Act
Approved by Senator Warren G. Harding, it increased tariff rates. -
Dawes Plan
Created by Charles Dawes. It established a cycle of payments from the US to Germany and from Germany to the Allies. Decreasing war debt. -
Howley-Smooth Tariff
Increased tax by 31% to 49% on foreign imports. -
Civilian Conservation Corps
Employed young men for projects on federal land and offer their families small monthly sums of money. -
Glass-Steagall Act
Increased regulation on banks and limited how banks invest customer's money. -
Public Works Administration
Allotted money to states and local governments for construction projects, a source of thousands of jobs. -
Civil Work Administration
An agency that hired laborers for temporary construction projects sponsored by federal gov.