Federal Reserve Act

95th Anniversary Of Woodrow Wilson’s Death: The Decline In Historical Reputation, Although Still In Top Quarter Of All Presidents

On February 3, 1924, Woodrow Wilson, who had been in retirement only for nearly three years, died in his home, the Woodrow Wilson House, in Washington DC, at the age of 67.

Wilson had never fully recovered from the massive stroke he suffered on October 2, 1919, and he was unable to gain support of the US Senate for the Versailles Treaty and American membership in the League of Nation that he had fought for when he attended the Peace Treaty negotiations in France, the first President to travel overseas as America’s diplomat.

Wilson had accomplished much domestic legislation that was memorable, including the Federal Reserve Act, the Federal Trade Commission Act, the Clayton Antitrust Act, and the first federal labor laws.

But his record on racial segregation was horrendous, and he opposed the woman suffrage movement for a long time. He also presided over massive attacks on civil liberties during the First World War, totally intolerant of dissent.

And his mission to the Versailles Peace Conference ended in failure, as America did not join the League of Nations, and ratified its own peace treaty with Germany and the other nations on the losing side of the war.

Wilson’s reputation for his accomplishments kept him in the top ten of all Presidents for many decades, but lately he has come under fire, and his spot in the Presidential polls of scholars has declined. He is now out of the top ten at number 11 in the C Span Presidential Poll of historians conducted in 2017, after having earlier been number 6 in 2000, and number 9 in 2009. The American Political Science poll of Political Science professors had pegged Wilson at number 10 in 2014, and in 2018, he slipped to number 11, the same as the most recent C Span poll.

The troubling part is that Wilson fell behind Ronald Reagan and Lyndon B. Johnson in the recent polling, and is only 15 points ahead in the C Span 2017 poll over number 12, Barack Obama, just as he left the Presidency.

So do not be surprised that Wilson will likely slip to number 12 in the next polling, with Obama surging ahead of him, as Obama looks ever better in comparison to Donald Trump, who ended up at the bottom of the APSA 2018 poll as number 44 out of 44.

Barack Obama Now Insured Of Stature As Historic Domestic Reform Leader With Woodrow Wilson, Franklin D. Roosevelt, And Lyndon B. Johnson!

The victory yesterday of ObamaCare at the Supreme Court, by a margin of 6-3, insures that Barack Obama will be listed historically in the company of Woodrow Wilson, Franklin D. Roosevelt, and Lyndon B. Johnson in their massive accomplishments in domestic reforms!

Woodrow Wilson accomplished the passage of the Federal Reserve Act; the Federal Trade Commission Act; the Clayton Anti Trust Act; and the enactment of the first federal labor laws and assistance to farmers. His programs were both the “New Freedom” and elements of Theodore Roosevelt’s “New Nationalism.”

Franklin D. Roosevelt accomplished the massive list of reforms known as the “New Deal”, in the areas of banking, the stock market, government intervention in business, labor, agriculture, housing, and most significantly, in Social Security and other aid to the poor, as well as major public works programs. He also took us out of the worst of the Great Depression.

Lyndon B. Johnson accomplished the passage of Medicare and Medicaid, along with immigration reform, civil rights legislation, greatly expanded aid to education, and the “war on poverty”, all part of the “Great Society.” Johnson also enacted consumer and environmental legislation and two new Cabinet agencies. He brought about the greatest amount of domestic reform since FDR, who he idolized.

Barack Obama has now accomplished health care reform to cover all Americans, a massive step first proposed by Theodore Roosevelt in his “New Nationalism” campaign as a third party campaign for President in 1912. Additionally, he has promoted environmental legislation by executive order; advancements in civil rights enforcement; a Consumer Financial Protection Bureau; Wall Street reform; immigration reform through executive order; and many lesser reforms that all add up to the best domestic record of achievement since the 1960s! He also took us out of the Great Recession, the greatest economic downturn since FDR and the Great Depression! He is the greatest reform President since Lyndon B. Johnson!

Conservative Republicans Want To Repeal Constitutional Amendments And 20th Century Reforms That Make America A Better Nation!

The Republican Party of the second decade of the 21st century, along with the conservative movement, in all of its ramifications, is out to repeal constitutional amendments and numerous 20th century reforms that make America a better, more modern nation, all in their quest to make the corporations ever more dominant and enrich the top one percent more than already is reality!

When one follows, reads, and watches right wing spokesmen, in and out of the party, they have called for the following repeals:

The 16th Amendment–Federal Income Tax
The 17th Amendment–Direct Popular Election Of US Senators
19th Amendment–Woman Suffrage
Antiquities Act–National Parks, Forests, and Monuments Protection
Food And Drug Administration
Clayton Anti Trust Act
Federal Trade Commission
Federal Reserve Act
Social Security Act
Fair Labor Standards Act
Medicare
Civil Rights Act of 1964
Voting Rights Act of 1965
Department Of Education
Department Of Health And Human Services
Department Of Housing And Urban Development
Department Of Energy
Environmental Protection Agency
Consumer Product Safety Commission
Occupational Safety And Health Administration
US Post Office
Affirmative Action
Abortion Rights
Gay Rights and Gay Marriage
National Public Radio
PBS
Americans With Disabilities Act
Medicare Part D Prescription Drug Plan
ObamaCare–Affordable Care Act

These and other laws and amendments not mentioned here became law under Presidents of both parties, including

Theodore Roosevelt
William Howard Taft
Woodrow Wilson
Franklin D. Roosevelt
Harry Truman
Dwight D. Eisenhower
John F. Kennedy
Lyndon B. Johnson
Richard Nixon
Gerald Ford
Jimmy Carter
George H. W. Bush
Bill Clinton
George W. Bush
Barack Obama

Basically, these right wing groups and the dominant element in the Republican Party in Congress want to repeal everything that is good about America, and bring us back to the 19th century Gilded Age!

The Centennial Of Woodrow Wilson’s Presidency: A Time For Debate Over His Legacy

A century ago day, Woodrow Wilson was inaugurated as the 28th President of the United States,and helped to transform the Presidency in massive ways, some good and some bad.

Wilson has been under attack in the present climate of conservative attacks on reform oriented Presidents, including Theodore Roosevelt, Franklin D. Roosevelt, Lyndon B. Johnson, and Barack Obama.

The facts are that Wilson, FDR, and LBJ were the three most accomplished Presidents in domestic affairs, but with plenty of criticism about their handling of wars and the domestic relationship to those wars.

Wilson accomplished the most domestic reform of any President before him, taking on parts of Theodore Roosevelt’s New Nationalism agenda on the Progressive Party line in 1912, adding it to his own New Freedom legislative ideas.

So Wilson’s time saw the following:

Underwood Simmons Tariff

Federal Reserve Act

Clayton Anti Trust Act

Federal Trade Commission

Keating-Owen Child Labor Act

La Follette Seamen’s Act

Adamson Act (eight hour work day in interstate transportation)

Federal Farm Loan Act

Some of this did not work out well long term, and additionally, Wilson had major negative policies dealing with:

Woman Suffrage—opposing an amendment (although it came about despite him in 1920, via the 19th Amendment).

Race Relations—clearly racist policy of imposing Jim Crow segregation in Washington, DC; unfair treatment and recognition of African American sacrifices in the World War I effort; and endorsement of an openly racist film, D W Griffith’s BIRTH OF A NATION, which portrayed the Southern view of Reconstruction, a myth of long standing, which finally was proved inaccurate in the past half century of historical research and writing.

Civil Liberties Violations— including arrest and imprisonment of Socialist Party leader Eugene Debs for opposition to the draft and American involvement in World War I; the Espionage and Sedition Acts; and the Palmer Raids after the war.

In foreign policy, Wilson engaged in “Missionary Diplomacy” including interventions in Haiti, and more significantly in Mexico, attempting to pursue Pancho Villa for a raid across the border into Columbus, New Mexico, the worst incursion in American territory since the War of 1812. And of course, the controversy over Wilson and our entrance into World War I continues even today, and the whole debate and divisiveness over the Versailles Treaty and League of Nations in 1919-1920.

Additionally, being incapacitated by a stroke, but being unwilling to hand over temporary power to Vice President Thomas Marshall, and allowing his wife to run cabinet meetings, is another major issue in assessing Wilson’s Presidency.

So Wilson is a “very mixed bag” as a President, but usually is ranked in the bottom of the top ten of our Presidents, specifically because of his long range influence on America, rare among Presidents, for good or for bad, and there is clearly plenty of both!

Transformative Presidents In Domestic Affairs: Impact On American Democracy!

With Presidents Day coming up on Monday, it is a good time to reflect on which Presidents were transformative in domestic policy making.

The list of Presidents who made a real difference in domestic affairs would include the following, chronologically:

George Washington—under whom a National Bank and protective tariff, promoted by Secretary of the Treasury Alexander Hamilton, were adopted, having a long range effect on America’s growth.

Thomas Jefferson—under whom recognition of the wisdom of Alexander Hamilton’s economic policies was recognized.

Abraham Lincoln—under whom a promotion of the transcontinental railroad, adoption of the Homestead Act providing free land for settlers, revival of a centralized banking system, and the enactment of the 13th Amendment ending slavery, occurred.

Theodore Roosevelt—under whom conservation of natural resources became a major policy, the first regulation of meat, food and drugs took place, the first intervention in labor disputes without an anti labor attitude evolved, and first anti trust law suits succeeded in breaking up monopolies.

Woodrow Wilson—who accomplished the most domestic reforms until his time, including labor laws, agricultural credit legislation, the Federal Reserve being created, and the first regulatory commission for big business (the Federal Trade Commission) was created.

Franklin D. Roosevelt—under whom the New Deal transformed America domestically with a myriad of programs, including labor laws, Social Security, agricultural aid, and public works programs, with anti trust law suits being pursued.

Lyndon B. Johnson—under whom the Great Society programs, including ideas of Harry Truman and John F. Kennedy not accomplished in their terms in the Presidency, were passed into law, including civil rights, education, Medicare, the War on Poverty, and numerous other programs, including consumer and environmental legislation, the most change since the New Deal.

Richard Nixon—under whom the Environmental Protection Agency, the Consumer Product Safety Commission, the Occupational Safety Health Administration, and Affirmative Action were passed into law.

Barack Obama—under whom a national health care law was passed, the most significant legislation since the 1960s.

Other Presidents who had an impact, to a lesser extent, include:

Grover Cleveland
William Howard Taft
Harry Truman
Dwight D. Eisenhower
John F. Kennedy
Jimmy Carter
George H. W. Bush
Bill Clinton
George W. Bush

Evaluating Woodrow Wilson A Century After His Election To The Presidency, And On His 156th Birthday Commemoration!

Woodrow Wilson, our 28th President, was born on this day in 1856, and was elected President in the four way race of 1912, running against Theodore Roosevelt, William Howard Taft, and Eugene Debs, arguably the most exciting Presidential election in American History.

The President with the least government experience, only two years as Governor of New Jersey; the only earned PH. D. to become President; the first President elected who grew up in the South (Virginia) since the Civil War; the President to face the greatest war crisis since Abraham Lincoln; the President who emphasized the importance of international affairs and the need for an international organization to promote peace; the President who was the culmination of the Progressive reform movements of the early 20th century; and the President who promoted successfully his domestic agenda, and then took on Theodore Roosevelt’s even more advanced progressive ideas and made them his own—this President has also been bitterly attacked by many for his shortcomings in many areas, and particularly has been viciously attacked by right wing conservatives, including Glenn Beck and George Will, who have torn his image to shreds.

Well, the question is whether the attacks on Wilson are fair and just, so that requires a careful examination of the positive and negative aspects of his Presidency.

Let’s start with the negative points that can be made about Wilson, and they are plenty!

1. Wilson was a white supremacist, despite his stellar education, and failed to treat people of African, Asian, and Latin American heritage in a dignified way, whether in the nation or with foreign nations overseas. His treatment of China, Japan, Mexico, Haiti and governments of other nations outside of Europe were treated in an insensitive and unacceptable manner, and he issued an executive order mandating segregation of the races in Washington, DC, and failed to recognize the contributions of soldiers of other than the Caucasian race during World War I. He legitimized and set back mistreatment of African Americans for another thirty years, until progress was made by President Harry Truman after World War II.

2. Wilson, inexplicably, opposed the woman suffrage movement, and had suffragettes arrested for disturbing the peace in their marches on Pennsylvania Avenue near the White House. Theodore Roosevelt had proposed this constitutional change in his 1912 Progressive Party campaign, but Wilson never moved in that direction on his own. Despite his opposition, the 19th Amendment was added at the end of his term in 1920.

3. Wilson had a horrible record on civil liberties in wartime, promoting passage of the Espionage Act, Sedition Act, and numerous other laws violating freedom of speech and press. He displayed total intolerance toward critics, once America was at war, and is regarded as one of the absolutely worst Presidents on the subject of civil liberties overall for his eight years in office.

4. Wilson was intolerant of opposition in Congress, refusing to work with Republicans when events worked against him, and tended to see things in religious terms, with him having God behind him, and often invoking religion in his speeches and comments. So he was seen as manipulative and deceitful in his actions and words that took us to ultimate war in 1917, and refused to negotiate on the Versailles Treaty after the war.

5. Wilson had a supreme, and self righteous ego, and this made him blind to reality much of the time, as when he had a severe paralytic stroke, but refused, along with his second wife, to keep Vice President Thomas Marshall informed, or to consider resigning in 1919-1921 so that the nation would have a President capable of leading the nation in the difficult post war days, when Attorney General A. Mitchell Palmer led the Red Scare or Palmer Raids, another massive violation of civil liberties, which helped to spur the creation of the Civil Liberties Union in 1920. The nation was basically leaderless for a period of 18 months, as Wilson slowly recovered and even thought of running for an unprecedented third term despite his poor health.

Now to the positive side of Woodrow Wilson!

1. Wilson was the most successful President in domestic policy achievements up to his time in office, and only surpassed later by Franklin D. Roosevelt in the 1930s and Lyndon B. Johnson in the 1960s. He accomplished all of his original domestic agenda, including legislation that has stood the test of time, despite criticism by conservatives and Republicans over the years, including the Federal Reserve Act, the Federal Trade Commission Act, and the Clayton Anti Trust Act, as well as the first attempt at so called “free trade”, the lowering of tariff walls on foreign goods.

2. Wilson also accomplished the passage of laws originally promoted by Theodore Roosevelt in 1912, including the temporary end of child labor, protection for some workers on hours, workers compensation, and the protection of the merchant marine workers who are employed on ships offshore. Also, the first real attempt at agricultural aid to farmers to encourage expansion of acreage and the buying of new equipment, was also an idea promoted by TR. Basically, Wilson adopted much of the Populist Party and Progressive Party agenda of earlier times, and brought Progressive reform to its peak in the period before the conservative 1920s.

3. Wilson dealt with a war that was the most massive for America in 50 years, and was skilled enough to keep America out of war for two years and eight months after World War I began in Europe, but his role in the eventual entrance of America is still highly disputed even today, seen by some as dishonest and deceptive, but praised by many others as the best one could have expected.

4. Wilson had a vision of a peaceful post war world, and saw an international organization, the League of Nations, as the most important accomplishment of the Treaty of Versailles, and was stunned by the rejection of the US Senate to any international commitment, with America going into isolation. But his vision came to fruition a generation after his passing, with the establishment of the United Nations, but with many conservatives and Republicans bitterly opposed today in the US involvement in that international organization.

5. Wilson comes across, despite his many faults and shortcomings as worthy, in the minds of most experts, to be rated in the top ten of all Presidents–number 6 in the C Span 2000 poll and number 9 in the 2009 C Span Followup poll, and this despite bitter condemnation by so many right wing sources who only emphasize the evil side of Wilson, and give him no credit for his accomplishments. There is no question, however, that he had an important impact on the growth of Presidential power, the exact reason why the right wing hates his guts.

This blogger and author understands the mixed legacy of Woodrow Wilson, but still sees him as an influential President, who still impacts America a century after his first election to the Presidency!

So Happy Birthday, President Wilson, a man we will hear a lot about as we commemorate the major events of his administration over the next eight years from March 4, 1913, to March 4, 1921!

History Of Major Social And Economic Change And Presidential Reelections

When one examines American history, in times of major social and economic change, often very controversial, the American people have chosen every time to endorse those changes, no matter how divisive, by reelecting the President who brought about the reforms.

Witness Abraham Lincoln and the Emancipation Proclamation, followed by a reelection victory in the midst of the Civil War in 1864.

Witness Woodrow Wilson, and the passage of the Federal Reserve Act, Clayton Anti Trust Act, Federal Trade Commission Act, and several labor reforms, and being reelected in 1916.

Witness Franklin D. Roosevelt and his New Deal, and the passage of the National Labor Relations Act and Social Security Act, leading to reelection in 1936.

Witness Harry Truman vetoing the Taft Hartley Labor Act and promoting integration of the the military and Washington, DC, and then winning election in 1948.

Witness Lyndon B. Johnson promoting the Civil Rights Act in 1964, and then winning election to a full term the same year.

Witness Republican Richard Nixon, going along with Democrats, and signing into law the Environmental Protection Agency, Consumer Product Safety Commission, Occupational Safety And Health Administration, and Affirmative Action, and being reelected in 1972.

Now Barack Obama has accomplished major reform on health care, ObamaCare, something millions of Americans already benefit from, so to imagine the American people rejecting it this November, would defy American history, that when major change comes about, it becomes permanent!