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AP US History
Chapter 30
| Question | Answer |
|---|---|
| "the triple wall of privilege" | the tariff, the banks, and the trusts. |
| the triple wall of privilege- tariff | Underwood Tariff Bill significantly reduced the tariff rates |
| the triple wall of privilege- banks | Federal Reserve Board oversaw a nationwide system of 12 regional Federal Reserve banks. The board was empowered to issue paper money |
| the triple wall of privilege- trusts | Clayton Anti-Trust Act of 1914 extended Sherman Act's list of business practices that were deemed objectionable. Federal Trade Commission Act of 1914 allowed presidentially-appointed commission to oversee industries in interstate trade like meatpacking |
| LaFolette Seamen's Act | benefited sailors by requiring decent treatment and a living wage on American ships. |
| Adamson Act of 1916 | established an 8-hour work day for all employees on trains in interstate commerce |
| Federal Farm Loan Act of 1916 | made loans available to farmers at low rates of interest |
| Warehouse Act of 1916 | authorized loans on the security of staple crops |
| Jones Act in 1916 | granted the Philippines territorial status and promised independence as soon as a stable government could be established |
| Wisconsin Idea | Referendum, Initiative, Recall, Direct Primary |
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