As Congress debated the tariff bill, Wilson presented his program for reform of the banking and currency laws. The nations banking system was outdated, unmanageable, and chaotic. To fix this Wilson favored the establishment of a Federal Reserve Board with presidential appointed financial experts. The Board would set national interest rates and manage a network of twelve major banks across the country. These banks, which would issue currency, would in turn work with local banks. Congress passed the Federal Reserve act basically in the form the President had recommended. Amendments also provided for exclusive governmental control of the Federal Reserve Board and for short-term agricultural credit through the reserve banks. This was one of the most notable domestic achievements of the Wilson administration that modernized the nations banking and currency systems, laying the basis for federal management of the economy and providing the legal basis for an effective national banking system. The final major item on Wilson's domestic agenda was the reform of big business. Big businesses worked against the public by fixing prices and restraining competition. Business and politics worked together, and Wilson sought to stop that. Determined to accept big business as an inevitable, but to control its abuses and to maintain an open door of opportunity for the genius which springs up from the ranks of unknown men, one Wilson's hoped to curb big business. He thought that government should intervene in the regulation of business, and that it was essential to control corporate behavior to prevent corporations from stifling opportunities for creative and ambitious people. Business consolidation was inevitable and might be beneficial, yet he insisted that great corporations behave in the public interest: These were the balances Wilson sought to achieve and maintain. Our laws are still meant for business done, by individuals that have not been satisfactorily adjusted to business done by great combinations and we have got to adjust them, 2in that big business was unjust and somebody needed to watch out for the people, and Wilson was just the man to do that.
Woodrow Wilson was an outstanding president. ... Woodrow Wilson won the election of 1912 and would soon be starting his journey as President. Woodrow Wilson was a great speaker. ... Woodrow Wilson was the first current president to go to Europe. ... Edith Wilson, Woodrow Wilson's second wife, was very protective of him after this happened. ...
Thomas Woodrow Wilson was born on December28, 1856 in Stanton Virginia. His parents were Joseph and Janet Wilson. ... After the war Woodrow Wilson would always remember the day he saw general Robert E. ... In 1916 Woodrow Wilson decided to run for a second presidential term. ... Also in 1920 Wodrow Wilson won the Nobel peace prize. ...
Woodrow Wilson, an inflexible, idealistic, righteous President was up against the vengeful Allies. ... Woodrow Wilson was thought to have a Messiah complex due to his desire to dictate peace and his unwillingness to compromise. ... After a powerful speech on the behalf of the League of Nations, Wilson suffered a stroke. ... Once Wilson was even capable of making decisions, he refused to compromise his beliefs to Lodge. ... Had Wilson not been so hard headed and willing to compromise the treaty might have survived. ...
In the essay, "Woodrow Wilson: Egocentric Crusader," by Walter McDougall, McDougall illustrates the type of presidency Wilson led for the United States. ... Pastor explains his view in his essay ,"Woodrow Wilson: Father of the Future." Pastor illustrates Wilson as a great president who seeks peace. ... However, In comparison, I do believe that Wilson was poor in communicating. ... Woodrow Wilson was pretty poor in communicating but overall as a president, he has a mixed and controversial legacy. ...
Woodrow Wilson Woodrow Wilson was the 28th President of the United States of America. Woodrow Wilson's full name is Thomas Woodrow Wilson. ... Woodrow Wilson later decided to drop the Thomas part of his name and hence forth his new full name is Woodrow Wilson. ... Woodrow Wilson got married to Ellen Louise Axson on June 24th, 1885 and remarried on Dec 18th 1915 to Edith Bolling of both he had 3 children, Margaret Woodrow Wilson, Jessie Woodrow Wilson and Eleanor Randolph Wilson. ... Woodrow Wilson was a democrat. ...
Woodrow Wilson (1914) When Woodrow Wilson arrived to the White House on March 4, 1913, the anti-immigrant sentiment was already established in society and politics in the United States. ... Furthermore I will also highlight a very important figure in this evolution, the twenty-eighth President of the United States Woodrow Wilson and how he faced this new situation, and how the anti-immigrant sentiment grew at the base of the Congress of the United States during his tenure. ... When Woodrow Wilson arrived at the White House he knew that he would face an adverse situation, he would face the prob...
Woodrow Wilson President Woodrow Wilson regarded himself as the personal representative of the people. ... Wilson had seen the difficulties of war. ... Woodrow Wilson had interventions with New Mexico. ... Hughes was called the "war candidate"(Biography of Woodrow Wilson). ... Wilson was aware of this. ...
Theodore Roosevelt and Woodrow Wilson are both iconic American presidents. ... While they did have two different approaches to the presidency, Wilson had New Freedom and Roosevelt had New Nationalism, there are many similarities between the two, despite a few exceptions. ... To protect the people he took Congress head on, much like Wilson, to pass laws of regulation against big business that was hurting the American public. ... Woodrow Wilson was another enthusiastic president who respected the past but was willing to adapt to the present. ... Both Wilson and Roosevelt were dynamic leaders wh...
