... Democratic candidate for President of the United States and defeats William. H. Taft and Theodore Roosevelt  1913 Underwood Tariff Act which reduces average tariffs.  1913 Federal Reserve Act establishing a system of Federal banks.  1913 The 16th Constitutional ammendment dealing with income taxes.  1913 The 17th Constitutional ammendment dealing with the direct election of U.S. Senators  1914 Wilson declares ... U.S. neutral after outbreak of World War I in Europe  1914 Federal Trade Commission established.  1914 Clayton Antitrust Act passed.  1915 German submar...

• Word Count: 938
• Approx Pages: 4
• Grade Level: High School