Audio Transcript Auto-generated
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Hi guys.
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So start, we have been learning about the progressive era
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and we have seen the progressives,
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How the progress is,
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wanted to use the power of the federal government to
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fix the wrongs of America and society during the 1900s.
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Woodrow Wilson did not have the sincere personality of President Teddy Roosevelt.
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He also did not like Roosevelt and the way he appealed to people.
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Uh Woodrow Wilson had more of a vague conjectural personality
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like Roosevelt though he believed in using executive power.
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Um Woodrow Wilson was also the 28th president of
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the United States and took office in 1913.
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He led America through World War One
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and he set out an attack
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set out to attack the triple wall of privilege,
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meaning he wanted to go after tariffs.
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Banks and trusts.
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Now banks could not handle the new realities which America we're facing.
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Uh So Wilson persuaded Congress to pass the Federal Reserve Act.
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So before 1913 banks would run out of money.
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They even would print their own money and would just be handing it out to everyone
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when and what ended up happening was
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The 1907 financial panic,
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which every a lot of people were poor.
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No one had money and it made it evident that
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a central bank was needed in order to survive.
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So something had to be done to fix this crisis.
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Um
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And Woodrow Wilson's goal was to stabilize the economy,
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inflation and unemployment and set long term economic growth.
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He used the Federal Reserve Act also known as the currency act and Owen Glass Act
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and signed it in
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December of 1913,
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this act meant that everything was in the hands of the federal government
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and
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was established as the Central Bank of the United
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States to provide the nation with a safer,
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flexible
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and more stable monetary financial system.
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So now we're gonna move on to the new freedom platform.
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So woodrow Wilson created this in 1912,
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uh some key points regarding the new freedom is
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that it brought back the jefferson yeoman farmer ideal,
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which meant that democracy works best at the local level
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before this era was called the gilded age, which produced economic progress,
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but it also produced some societal issues
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including uh inequality
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and the struggle for existence. People were poor and poverty
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and
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this is also because there was no social welfare system.
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So there were reforms put in by William Howard Taft,
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who was the President before Woodrow Wilson,
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but there was still still more reforms
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and things to do
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that had to be done.
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And
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finally, the new freedom platform was introduced.
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The government for too long had protected big businesses
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and banks over the interests of the individual.
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Woodrow Wilson argued that the government needed to
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attack the triple this triple wall of privilege.
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And the first thing he said,
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he was going to do is cut tariffs.
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Now cutting tariffs, would
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tariffs hurt farmers in general
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and were used to protect big businesses
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and cutting them would allow smaller businesses
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to to compete with bigger businesses.
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So the next
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thing he focused on was the big banks and gold standard
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deflation or no inflation hurts farmers since the products
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the farmers were making were not increasing in value.
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Also,
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Wilson thought that banks had too much control over
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interest rates and loans and the mortgages of farmers,
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so he wanted the government to have stricter regulations
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over the banks and more flexibility with the currency,
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including allowing it to inflate when need be, because sometimes that is needed.
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Finally, he focused on trusts and monopolies, monopolies.
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Wilson felt that all trust for bad,
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it must be broken up
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and to do that new antitrust legislation
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must be passed,
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which it was
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progressive democrats would agree with this platform and so would farmers,
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because obviously it helps farmers in a way cutting tariffs,
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um hunting down trusts and monopolies and this kind of stuff all benefits farmers.
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But republicans on the other hand felt
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that there was too much government involvement
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and preferred a more laissez faire approach,
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meaning like no government interference.
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So finally, we're going to talk about the National park system.
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This is
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the third progressive achievement that Woodrow Wilson has introduced
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Um on August 25, 1916,
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the National Park Service was established by President Woodrow Wilson
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um
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Protecting protecting the natural beauties of America began with
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the Yaz migrant in 1864 and in 1872,
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the Yellowstone National Park in Wyoming became the world's first national park.
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So throughout time it has kind of increased of protecting national parks.
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By the time this National Park Service was established,
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there was over like 40 National Parks
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protected.
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So Wilson signed in the National Park Service Organic Act on on August 25, 1916,
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and this act brought more roads to these parks and created
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a job known as a park ranger.
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And the National Park Service was to promote and regulate the
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use of federal areas known as national parks monuments and reservations.
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And it also established tourism amongst these parks.
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Thank you.