Theodore Roosevelt’s Last Will and Testament, which was written on December 13, 1912, is thought to be the first Will where the powers of appointment are granted and exercised. A power of appointment is the right to direct who will enjoy someone else’s property. Roosevelt’s Will contains a total of 8 powers of appointment and each one is discussed in detail below. The first power of appointment mentioned in the Will is in the second paragraph. In this case, Roosevelt (power holder/donee) is directing that the $60,000 trust fund, which he received from his father (creator or donor), be given to his children in equal amounts. It can not be determined if Roosevelt exercised a general power of appointment or a limited power of appointment because the language of his father’s will is unknown, and thus there is no way to determine whether or not Roosevelt had any restrictions on the enjoyment of the money contained in the fund. The third paragraph contains three separate powers of appointment. The first power of appointment is granted by Roosevelt when he request that his executors “collect and receive the rents, profits, interest and income, and apply them to the use of my wife, Edith Kermit Roosevelt, during her life.” Roosevelt, the donor, is giving a power of appointment to his executors (his wife and two sons – who are donees) that require them to use the income generated to provide for his wife. The second power of appointment granted by Roosevelt in the third paragraph occurs in the second note, when he authorizes and empowers his wife to “dispose of the principal of this trust to and among any one or more of my issue in such shares and portions…. as she shall declare.” In this instance, Roosevelt (the donor) has allo... ... middle of paper ... ...nsure that his fortune would be allocated as he saw fit. Roosevelt wanted to ensure that his wife was okay financially until her death, at which point the remaining principal would go to his children. Additionally, Roosevelt employed a smart strategy by placing restrictions on minors. Even today, there are stories about children who decide to live off their inheritance or spend their entire inheritance, which is most likely due to their lack of maturity in handling money. By having the executors manage the money for the minor children, Roosevelt ensures that they do not receive any money or property until they are mature enough to handle it, which, in this case, is 21 years old. As far as taxes are concerned, Roosevelt was probably not concerned with estate tax consequences with the design of his estate plan, since the estate tax was not enacted until 1916.
Roosevelt uses an "extensive quotation" (pg. 102) in his speech "A Confession of Faith" (pg. 86) Taft had a different stance on the trusts though. Taft believed in enforcing the
Signing for the treatment, procedures, medications. He or she has the right if the patient death the appointee has the right to order where the burial should take place. The family members in this case have zero rights, they are unable to exercises any thing because of the legal stand point of the living will. But if the patient in question has no living will under the different laws the person in command is her or her spouse if there is no spouse. The next in commander is his or her children’s.
After the assassination of President McKinley, Theodore Roosevelt inherited a growing empire when he took office in 1901. The U.S. had annexed Hawaii in 1898 and Spanish-American War granted the U.S. control of the Philippines. It also led the U.S. to establish a protectorate over Cuba and grant territorial status for Puerto Rico. By taking on the Philippine Islands as an American colony after the Spanish-American War he had ended the U.S.'s isolation from international politics. Theodore Roosevelt believed that nations should pursue a strenuous life and do their part to maintain peace and order. It was also a belief that civilized nations had the duty of modernizing the barbarous ones. He also pushed for a bigger army and navy and by the end of his presidency he had built the U.S. Navy into a major force at sea.
Presidents create the leadership position that has a say in all of the decisions for a country. In this era, many judgments of situations needed to be decided, and it made it blatantly obvious as to who made the wrong or right decisions. In the political cartoon published by Washington Post in 1907, Roosevelt wanted to convey that it was necessary to determine what trusts were good or bad. Trusts were made to shut down businesses and he felt he had the power to run these options and opinions. After some violated the Sherman Anti-Trust Act, Teddy really took a step forward in proving his trust-busting techniques. In a speech that Roosevelt made in February of 1912, he expressed his belief on the importance of the people participating in direct election of Senators through his speech. This importance that he felt was necessary eventually led on to the 17th Amendment, which was passed the year after. In Herbert Croly’s New Republic, Wilson received quite a bit of loathing from Croly as he expressed his opinions. The supporters of Wilson definitely disagreed with an article like this, and it was unacceptable to some. Whether liked or disliked, the presidents during this period made an impact on our nation, and the people wanted to be heard for the rights they wanted.
This take on Roosevelt’s policies highlights the perceived negative effects. This article does not necessarily support the theory of an ‘anti-business’ president, but it does shed some light on some of the arguments for the failure of Roosevelt’s policies. It also gives credence to other motivations behind Roosevelt’s policies.
Franklin D. Roosevelt’s First Inaugural Address in 1933[ Richard Polenberg, The Era of Franklin D. Roosevelt 1933-1945: A Brief History with Documents (Boston: Bedford/St. Martin’s Press, 2000), 39-44.] was a famous speech because it instilled new hope in the people. During the speech, President Roosevelt said, “our greatest primary task is to put people to work/ there must be a strict supervision of a banking and credits and investments, so that there will be an end to speculation with other people’s money; and there must be provision for an adequate but sound currency.” Imaginably，a number of people could not find jobs and people were worried about putting money in a bank. Roosevelt emphasized the seriousness of reducing unemployment, reinforcing reliable baking system, and distributing currency. These problems were important contexts that shaped the content of this speech.
... that there would be no favours to anyone donating money to his campaign (Donald 2007). Roosevelt, in alignment with progressive thought, had a passion for nature and wanted to see his cities clean and the natural land protected. Roosevelt’s suggestion to create a department of commerce shows how he aimed at equalizing the power in society by ensuring that big corporations engage in legal and fair practise, this ensure that large corporations do not take advantage of the average middle class citizens of the country.
In Theodore Roosevelt's opinion, trusts are inevitable. As said in his 1910 "New Nationalism" speech, "There can be no effective control of corporation while their political activity remains. To put an end it will be neither a short nor an easy task, but it can be done". Woodrow Wilson had a somewhat different view on how trusts react in our society. He believes that trusts are natural but not inevitable. Wilson states in his speech in 1912 that trusts are manmade and believes they're intolerable. "I am not willing to be under the patronage of the trusts, no matter how providential a government presides over the process of their control of my life", Wilson exclaims during a campaign speech. He didn't care how much governmental control they were under and he would like to do anything in his power to stop them completely from taking over the industries.
Theodore Roosevelt was born on October 27, 1858 in New York City, New York. He was always as hard worker but after his father died during his second year at Harvard, which only inspired him to work even harder and continue on to a law degree at Columbia University. He was soon married to Alice Hathaway Lee, a woman from Massachusetts, and began to enter the realm of politics. Roosevelt was rising as a young new political star until one day, February 14, 1884, his wife, Alice died of Bright’s disease, and his mother died of typhoid. This saddened Roosevelt greatly, he moved to the Dakota Territory for two years and becoming a rancher and cattle driver then returning to politics in a big way when he returned. Although he lost the race for the mayor of New York City, he soon started an elite group known as the Roughriders becoming a war hero in the battle of and becoming the Governor of New York. He soon remarried to Edith Carow in 1886, with which he had several children. Teddy was elected as President William McKinley’s Vice President and after McKinley’s re-election and assassination in 1901, Roosevelt became the youngest President in the nations history. Many of the changes he made in his presidency are still clear to see today in everyday life. One of his first big initiatives was called the “Square Deal.” This deal helped to end the strikes going on around...
From the very beginning of his time in the presidential spotlight, Theodore Roosevelt signified the Progressive goal and ambition. Often times, Roosevelt’s presidency is labeled as accidental or ironic. This irony is present in the fact that he was given the role of vice president to William McKinley simply because Roosevelt’s rising popularity and progressive ideals were seen as a threat by McKinley. The McKinley administration figured that they could silence the growing progressive voice Roosevelt embodied by giving him the menial position of vice president. So, it was seen as a shock when McKinley was suddenly assassinated, six months into his second term, and Roosevelt rose to power bringing with him new excitement and power to the Presidency (Theodore Roosevelt ). It is exactly this surge of excitement and charisma which made Roosevelt one of America’s most unforgettable presidents. His presidential career and attitude can be described by the phrase “steward of the people” which he aimed to embody throughout his term, this meant that Roosevelt made his primary goal to maintain the public good to the fullest extent of his power (Theodore Roosevelt ). Roosevelt’s character and contributions to the Progressive campaign are both equally important parts of American history and will be explored throughout this paper.
Teddy Roosevelt always believed that in order to be appointed to a public office, that appointment should be based on merit rather than patronage. In 1889, President Benjamin Harrison appointed Roosevelt to the four-man Civil Service Commission. This was to be the beginning of the execution of Roosevelt's ideas of reform. He wanted to ensure that all government appointments were made on the merit system. "Against nothing is fearless and specific criticism more urgently needed than against the spoils system,' which is the degradation of American politics" (TR "Duties"). Ro...
During the early 1900’s the president of the United States of America was a man called Theodore Roosevelt. Although he began his term as president with the death of President McKinley, his period in the White House turned out to be one of the most progressive periods in American history. His progressive policies influenced the direction that the country would take in the twentieth century. In the following paper I will explain several of Theodore Roosevelt’s progressive polices. Specifically I will deal with his labor policies and his new nationalism policy. My thesis will be that these policies had a genuinely positive effect on America as a whole nation.
Theodore Roosevelt’s family ancestors were successful Dutch glass importers that were one of New York’s leading families in the late 1800s. His father, also named Theodore, pursued a life of civic and charitable activities (Markham 16). Theodore senior founded the Metropolitan Museum of Art and the American Museum of Natural History. When Roosevelt’s father was helping others, the younger Theodore learned that he had a responsibility to help those that were less fortunate than himself. The future president’s mother, Martha Bullock Roosevelt, was born in Georgia. Her main interests were her home and caring for her family. Martha Roosevelt gave birth to Theodore on October 27, 1858. He had the worst health of the family as he suffered from nervousness, a week stomach, and harsh attacks of asthma. He had an older sister, Anna, a younger brother, Elliot, and a younger sister, Corinne. With both of his parents devoted to the four children, their home was a loving and lively environment that often included relatives and friends.
It is true that he seems to use Truman and Eisenhower as the main examples in this book and does show the reader the mistakes he believes were made along the way in achieving power. Neustagt begins with President Franklin D. Roosevelt, whom he believes is the one president that knew how best to yield his power. He uses other examples throughout the book of Presidents from FDR to Reagan and endeavors to show the reader the ways in which power and persuasion was used in order for the presidents to perform at the best of their ability and still retain the power to persuade in order to govern the country and appease the public. Neustadt points out to the reader his opinion of the ways the president's power is seen by others and how affective it is when certain strategies are applied correctly.
If Youngs’s thesis was to illustrate how the sufferings and achievements of E. Roosevelt’s life was what made it possible for her to become the influential woman that she was, then Youngs did a great job by incorporating so much of E. Roosevelt’s early life into the biography. But if Youngs did not intend for that to be his thesis then this book was a confusing mess that left readers wondering why he put so much of E. Roosevelt’s early life in the book but a minimal amount of her life during her husband’s long presidential terms in office.