Chapter 10 Section 1 – The Politics of the 1920s (p. 362-367) MAIN IDEAS The Harding Administration (p. 362-364) NOTES Election of 1920 – Warren G. Harding promised “a return to normalcy” 1.) _________________________________________________________________________________________ The Ohio Gang = his poker playing friends a.) _________________________________________________________________________________ Sold government jobs, pardons and supplies Harding said his enemies didn’t cause him trouble, but his friends did 2.) ________________________________________________________________________________________ a.) _________________________________________________________________________________ b.) Allowed _________________________________________________________________________ ___________________________________________________________________________________ Teapot Dome, WY and Elk Hills, CA c.) _________________________________________________________________________________ Wall Street Journal broke the story Senate investigated the scandal throughout the 1920s d.) _________________________________________________________________________________ Fall was the first cabinet officer to go to prison Charles R. Forbes was appointed head of the Veterans Bureau Sold scarce medical supplies from veterans’ hospitals and kept the money Cost the taxpayers $250 million June 1923 = Harding toured the West and had a heart attack en route from Alaska to California 3.) Aug. 2, 1923 = ___________________________________________________________________________ Coolidge Takes Over (p. 364) 1.) 1923 = ___________________________________________________________________________________ Silent Cal = The joke was “Coolidge could be silent in five languages” Attorney General Harry Daugherty Appointed by President Warren G. Harding A German agent bribed him to get a company and valuable chemical patents seized by the US during the WW I as enemy property Daugherty refused to turn over files and bank records during the investigation Refused to testify under oath claiming immunity because he said he had confidential dealings with the President New President Calvin Coolidge demanded his resignation 2.) _________________________________________________________________________________________ His philosophy of government: “Prosperity rest on business leadership and that part of the president’s job is to make sure that the government interfered with business and industry as little as possible.” Coolidge avoided crises and adopted policies to keep the nation prosperous 3.) _________________________________________________________________________________________ ““Keep Cool with Coolidge” Won more than ½ of the popular vote and 382 electoral votes Page #1 2010-2011 Chapter 10 Section 1 – The Politics of the 1920s (p. 362-367) Economic Policies to Encourage Prosperity (p. 365) 1.) _________________________________________________________________________________________ 1921 = Bureau of the Budget = to prepare a unified federal budget General Accounting Office = to track spending 2.) _________________________________________________________________________________________ cut spending from $6.4 billion to less than $3 billion in 7 years 3.) _________________________________________________________________________________________ a.) ___________________________________ economics = __________________________________ economics b.) _________________________________________________________________________________ ____________________________________________________________________________________ c.) _________________________________________________________________________________ ____________________________________________________________________________________ Average taxpayers = 4% to 0.5% Wealthy taxpayers = 73% to 25% See graphs in “Coolidge and Prosperity” on p. 364-365 4.) _________________________________________________________________________________________ encouraged businesses to form trade associations that would voluntarily share information with the federal government Believed it would reduce costs and promote economic efficiency US Foreign Policies (p. 366-367) Bureau of Foreign and Domestic Commerce = asked them to find new markets for companies Bureau of Aviation = set up to regulate and promote the growth of the airline industry Federal Radio Commission = set up to help to regulate radio frequencies and the power of transmitters 1.) _________________________________________________________________________________________ Isolationism = to stay out of foreign affairs and wars USA refused to ratify the Treaty of Versailles USA didn’t join the League of Nations USA didn’t join the World Court in 1921 USA used economic policies and arms control treaties to keep peace (Foreign Economic Policies) Before WW I, the US was in debt After WW I, Allies owed the US more than $10 billion USA became the dominate economic power in the world 2.) _________________________________________________________________________________________ Allies had a hard time paying war debts US tariffs made it hard to sell their exports in the USA Germany had a hard time paying war reparations to the allies US wanted European economies to be stable so they could buy US exports and repay their debts Page #2 2010-2011 Chapter 10 Section 1 – The Politics of the 1920s (p. 362-367) 3.) _________________________________________________________________________________________ Charles G. Dawes = an American diplomat US, France, Britain and Germany a.) US banks would _________________________________________________________________ to ____________________________________________________________________________________ b.) _______________________________________________________ would ____________________ ________________________________________________________________________ from Germany c.) Britain and France __________________________________________________________________ ____________________________________________________________________________________ Major world powers were in an arms race (Disarmament) 4.) _________________________________________________________________________________________ a.) US invited ________________________________________________________________________ ____________________________________________________________________________________ Britain, France, Italy, China, Japan, Belgium, the Netherlands, and Portugal Secretary of State – Charles Evans Hughes o Proposed a 10 year moratorium on building new warships o Made a list of warships to be destroyed (including some US ships) 5.) _______________________________________________________________________________ – see p. 366 a.) _________________________________________________________________________________ ____________________________________________________________________________________ b.) ________________________________________________________ on building _______________ ____________________________________________________________________________________ c.) US and Britain agreed to _____________________________________________________________ ____________________________________________________________________________________ Didn’t limit land forces Japan was upset because they were required to maintain a smaller navy than Britain or the US 6.) _________________________________________________________________________________________ US Secretary of State = Frank Kellogg French Foreign Minister = Aristide Briand a.) _________________________________________________________________________________ b.) _________________________________________________________________________________ ____________________________________________________________________________________ Was not legally binding Page #3 2010-2011
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