“...Act to protect trade and commerce against unlawful restraints and monopolies.” (Clayton Antitrust Act of 1914 article) The election offered voters several choices: Wilson’s New Freedom, Taft’s conservatism, Roosevelt’s Progressivism, or the Socialist Party policies of Eugene V. Debbs. Clayton act prohibits corporations from acquiring stock of another if doing so would create monopolies. Wilson turned his attention to financial reform when the nation needed a way to strengthen the ways in which banks ran, as well as a way to swiftly adjust amount of money in circulation. Clayton Antitrust Act, a federal law that did away with monopolies and unfair businesses, passed by President Wilson.
In Presidential Election of 1912, their candidate a.k.a. …show more content…
Revise claimed that the real winning added with seventy-five percent of the ballot to reform candidates - Woodrow, Franklin R., and Debs. In victory, wilson could claim a sanction to divide conglomerates and expand government’s role in social reform.
Woodrow his life, at a very young age, in the south during Civil War and Construction. The son, grandson, and nephew of parsonage ministers, that he was giving with a strictly nurture. Before joining affairs of state, worked as a lawyer, history professor, and president of Princeton University later in college. In the year of 1910, he became governor of NJ. However, while within this position, he favored progressive legislation, programs like direct primary, worker’s recompenses, and regulation for public bathrooms and railroads.
Clayton Act of 1914, sought nothing but to simply strengthen the Sherman Act of 1890. This act, however, forbade corporations from receiving stock of others if doing so created monopolies; If an company broke the law, its officials could be tried and