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President McKinley is shot by anarchist Leon Czolgosz at the Pan American Exposition in Buffalo, New York. A little over a week later on September 14, 1901, President McKinley dies, becoming the third U.S. president to be assassinated.
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Theodore Roosevelt becomes the 26th president of the United States of America, upon the death of former President William McKinley. He became the youngest president in U.S. history, even to this day.
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A U.S. federal statute passed by Congress that provides funds for irrigation projects to arid lands in the West.
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This doctrine refers to a principle asserted by Argentine Minister of Foreign Affairs, Luis Drago. His doctrine stated that international law did not allow for Europeans to use armed intervention to force American republics to repay public debts.
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Congress passes an act that allows for the creation of the Department of Commerce and Labor. President Taft will one day separate the two into their own departments.
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Henry Ford founded Ford Motor Company with eleven associate investors.
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United States federal law that extends the jurisdiction of the
interstate Commerce Commission (ICC) and authorizes them to set maximum railroad rates. -
U.S. Attorney General Charles Bonaparte orders newly hired federal investigators to report to Chief Examiner Stanley W. Finch of the Department of Justice, thus bringing about the birth of the FBI.
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William Howard Taft becomes the 27th president of the United States of America. He later becomes the tenth Chief Justice of the United States of America and the only person to have served in both of the these esteemed offices.
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The Supreme Court rules that Standard Oil is required to be split up into smaller companies, according to the antitrust law.
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Woodrow Wilson becomes the 28th president of the United States of America.
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This act, signed in by President Wilson, gave the ability to print more money in an effort to secure economic stability, to the Federal Reserve banks. This attempted to maximized employment and keep inflation low.
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The Lusitania, a passenger ship carrying transatlantic voyagers, was hit by a German torpedo and inevitably sunk to the bottom of the Atlantic Ocean. This caused outrage in America, preparing the hearts of many Americans to eventually enter WWI.
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The U.S. joins the Allies and enters the first World War. However, there were many Americans against entering the war.
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The Treaty of Versailles is made, bringing the first world war to an end, but laying the foundation for the second. Due to the strenuous position this treaty put Germany in, ideals were formed that brought about World War II, in approximately two decades.