Thomas Woodrow Wilson
Progressive President Superhero
Superhero: The Trust Buster (Thomas Woodrow Wilson)
"Tariff, Banking, Business. They are no match for The Trust Buster and his reforms against corruption."
- The Underwood Tariff act of 1913: Provided for a substantial reduction of tariff rates and fees
- Federal Reserve Act: Created and set up the Federal Reserve System or the central banking system of the United States
- Clayton Anti-Trust Act: Lengthened the Sherman Act's list of business practices deemed objectionable
- Federal Farm Loan Act: Increased the credit of rural farmers
Sidekick: Monopoly Mucker (Henry Demarest Lloyd)
Evil Nemesis: Monopoly Mayhem (Tariff, banking, business)
- The tariff rates were high and needed to be lowered
- The banking system was antiquated and inadequate
- Unfair trade practices that included unlawful competition, false advertising, mislabeling, adulteration, and bribery
- Illegal and unfair business practices in legislation like price discrimination and interlocking directorates
- The farmers were in bad economic positions (Surplus of crops, price and profit drop of crops, expensive equipment, expensive shipment rates, etc.)
Bailey, Thomas Andrew, David M. Kennedy, and Lizabeth Cohen. The American Pageant. Boston: Houghton Mifflin, 1998. Print.
"Woodrow Wilson - Biography". Nobelprize.org. 1 Mar 2013. <http://www.nobelprize.org/nobel_prizes/peace/laureates/1919/wilson-bio.html>.