Tuesday, March 1, 2011

New Federal Agencies



The Women's Bureau of 1920 and the Children's Bureau of 1912 were Department of Labor Wedges into the federal bureucracy giving female reformers a nationals tage for social investigation and advocacy.



Federal Trade Commission of 1914 (692)was another movement against the trusts by Wilson. This law empowered a presidentially appointed comission to turn a searchlight on industries engaged in interstate commerce.



Federal Reserve Act of 1913 was the most important piece of economic legislation between the Civil War and the New Deal. A new Federal Reserve Board, appointed by the president would oversee a nationwide system of 12 regional banks and was empowered to issue paper money. This would carry the U.S. through the financial crises of World War I.



Federal Farm Loan Act of 1916 (693) made credit available to farmers at low rates of interest, as complying with the ideas of the populists.

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