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the first significant law restricting immigration into the United States. Those on the West Coast were especially prone to attribute declining wages and economic ills on the despised Chinese workers.
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When a corporation eliminates its competition it becomes what is known as a "monopoly." Monopolies took several organization forms including what were known as trusts.
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Wilson's New Freedom vision was to support small farmers and small businessmen by Reforming Tariffs, Reforming the Banks, taking Antitrust actions and breaking up monopolies.
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It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.