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Term Papers on William McKinley
William McKinley The William McKinley presidency brought the United States into the 20th century both literally and figuratively. Now an imperialistic world power, the US began its expansion and emergence as such under McKinley's five years of presidency. The US also saw notable events such as the Gold Standard Act and the passing of the highest tariff in its history. These events took place during economic rebuilding after the depression of 1893. Accepting the office in 1896, McKinley applied his traditional economic policies. During his 14 years as a congressman he became an expert on tariffs and gave his name to the 1890 act called the McKinley Tariff Act. He strongly advocated this protectionism as a way to start new industry. He again applied this during his presidency as he passed the Dingley Act which was a tariff on foreign wool and sugar, and may have aided the recovery of the economy. But whether or not the rebuilding was a result of this type of economic strategy or merely a consequence of the economic patterns cannot be determined. He also passed the Gold standard Act which made gold the backing of the dollar. This caused the dollar to be more stable and economically trustworthy and the effects of this were no doubt seen long after his presidency. Yet despite his large involvement with economics it became more of a minor role during his presidency. And an even more a minor role was his Domestic Policy. He did have some intentions of making it a priority in his 2nd term but because he was assassinated only a year into it, it is unknown whether this was of genuine intent. Because of this he is among the others of his time that kept Domestic Policy a contrast of today's excessive social programs. So what was a major role during his administration? Foreign Policy never seemed an issue prior to the election but it suddenly became the chief component of McKinley's presidency. By 1897, Spain had been violently trying for two years to suppress the revolting of the Cubans. Spain had historically violated the Monroe Doctrine and they gave little promise of ever staying inactive with American affairs. The US declared war, won, and emerged as a World Power. With the Treaty of Paris, the US acquired from Spain: Puerto Rico, the Philippines, and Guam. Add to that the acquisition of Hawaii form earlier in his term and it is apparent that the US started to resemble t... This is ONLY a preview of the article. If you would like to view the entire document, you must subscribe to Digital Term Papers. Please register below now! Digital Term Papers has over 63,000 essays, term papers, and book notes online. Many paper sites will charge you hundreds of dollars for a single paper. Digital Term Papers only charges $14.95 for a one month membership with instant account activation! Don't waste anymore time! Join NOW!!!
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