President (1) ___ became known as a(n) (2) _ for pursuing violators of the sherman antitrust act. he promoted (3) _ to end the pennsylvania coal miners' strike. his program, which was called the (4) _, was based on government regulation of business. his belief in the (5) _ of natural resources was balanced with business interests. roosevelt's successor, (6) _, supported a(n) (7) _ as a way to lower tariffs. when taft was nominated for reelection in 1912, roosevelt and his supporters formed the (8) _ party. the split in the republican party resulted in the election of the democratic candidate, (9) _, whose program was called the (10) _. one of its key objectives was (11) _ reform, accomplished in 1913. the president and congress worked to strengthen government control over business. the (12) _ regulated banking through a central board over regional banks. congress also established the (13) ___ to investigate unfair trade practices. part ii - answer the questions. 14. what was the purpose of the federal reserve act? 15. president theodore roosevelt broke up trusts in what industries? 16. what was the job of the national conservation commision? 17. who was elected president in 1908? 18. in 1912 why did taft win the republican nomination even though roosevelt won every primary?

14. The purpose of the Federal Reserve Act was to give the nation a monetary and financial system that is safer, more flexible, and more stable. In accordance with this purpose, the Federal Reserve Act regulated banking through a central board over regional banks.

15. President Roosevelt broke up trust in the railroad, beef, oil, and tobacco industries. Because of his anti-trust prosecutions and regulatory reforms, President Roosevelt became popularly known as the "trust buster. He mainly targeted trusts that were found to have jacked up rates and exploited consumers.

16. The job of the National Conservation Commission was to prepare an inventory of the nation's natural resources, and develop concepts of resource management as a comprehensive policy recommendation for the government. To carry out this job, the commission was sub-divided into four sections – water, forests, lands, and minerals. Each of the sections had its own chairman.

17. William Howard Taft was elected President of the United States in 1908. Taft won the 1908 Republican president nomination with the support of incumbent President Roosevelt, and thereafter won the general elections. He served as the 27th President of the United States from 1909 to 1913.

18. Although Roosevelt won every primary, Taft won the Republican nomination because the delegates chosen in the primaries were a minority. Roosevelt in fact insisted that President Taft had instigated fraudulent seating of delegates so as to seize the presidential nomination from the progressive faction of the Party. As a result of this, and with the support of convention chairman Elihu Root, Taft's conservative faction outvoted Roosevelt's progressive faction.