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The dollar diploamacy was a foreign policy created by Taft. The goal of this policy was to create stability overseas while at the same time promoting American interests.
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the Payne-Aldrich Tariff Act of 1909 lowered tariffs on certain goods entering the United States.
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During this year, Taft helped strengthen the Interstate Commerce Commission. The interstate Commerce Commisson was now in charge of suspending or fix railroad rates, they were now in control of the radio, telephone, and telegraph facilities.
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A policy that maintains competition by regulating anti - competitive behavior in companies
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William Howard Taft passed the 16th amendment during his term in office. This amendment gave the government the power to collect income taxes.
