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| Interstate Commerce Act (1887) |
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Definition
| 1st federal regulatory agency created by Congress to investigate and oversee railroad activity |
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| Bland-Allison Silver Purchase Act |
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Definition
| 1878, compromise between groups favoring the coinage of silver and those opposed to it. It called for the partial coinage of silver. Hayes vetoed it but Congress overcame it. |
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| Passed in Congress in 1883. It sought to lessen involvement of politicians in running govt. and created a bipartisan commission to administer competitive exams to candidates for civil service jobs and to appoint officeholders based on merit. It outlawed forcing political contributors from appointed officials. Congress created it in reaction to Garfield’s assassination. |
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| Passed by Republicans. It raised tariff duties 4%, highest in past. It used duties to promote new industry. It was created during Billion-Dollar Congress |
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| passed by Congress in 1890, it was the 1st federal anti-trust legislation. Penalties for violations were strict, ranging from fines to imprisonment and even the dissolution of guilty trusts. |
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Term
| Sherman Silver Purchase Act |
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Definition
| 1890, attempted to resolve controversy over the silver coinage. US treasury would purchase 4.5mil ounces of silver each month and issue legal tender for it. This ended the currency issue and was supported din the South and West. |
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| Prohibited the interstate transportation of women for immoral purposes (prostitution). It reflected the eras desire to PURIFY and elevate |
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| 1916, it limited child labor, but the Supreme Court overturned it |
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| to prohibit railroad rebates and increase the powers of the ICC |
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| A law that strengthened the ratemaking power of the ICC reflecting the era’s desire to control the power of the railroads. It increased the ICC’s membership from five to seven, empowered it to fix reasonable railroad rates, and broadened its jurisdiction. It also made ICC ruling binding pending court appeals |
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| 1906, stiffer than the packers had wanted, set riles for sanitary meatpacking and government inspection of meat products |
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| Passed June 30, 1906 it represented a pioneering effort, through required labeling information, to ban the manufacture and sale of adulterated, misbranded, or unsanitary food or drugs. |
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| An early accomplishment of the Wilson administration, this law reduced the tariff rates of the Payne-Aldrich law of 1909 by about 15%. It also levied a graduated income tax to make up for the lost revenue |
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| One of the most important law in the history of the country, this 1913 act created a central banking system, consisting of twelve regional banks governed by the Federal Reserve Board
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| An attempt to improve the Sherman Anti-trust Act of 1890, this law outlawed interlocking directorates (companies in which the same people served as directors), forbade policies that created monopolies, and made corporate officers responsible for anti-trust violations. Benefiting labor, it declared that unions were not conspiracies in restraint of trade and outlawed the use of injunctions in labor disputes unless they were necessary to protect property |
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