Chapter 31 Flashcards

1
Q

the republican old guard

A

harding not the best pres bc he was unable to detect moral corruption in hsi gov
charles evans hughes as secratary of state
andrew mellon for secretaty of treasyrt
herbert hoover as secretary of commerce
senator b fall as secreaty of interior
hary m daughtry as attorney general

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2
Q

economy under conservatives

A

harding apptd 4 justices
improve lassiez faire
killed a child labor law, stripped away workers’ fains, restried gov intervention in econnomy
adkins v children’s hospital
antitrust laws ignored
interstate commerce commission run by pro-business men
big industrieds set up trade associations encouraged by hoover

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3
Q

aftermath of the war

A

end of gov controls on the economy
not save people from the RR but save RR from the country
merchant marine act authorixed teh shipping board which contoled the 1500 vessels to get rid og the eartime fleet
steel strike nroken by ethnic and racial diviionsa amoong worksers
strike in 1922 when the RR ordered a 12% cut of wage and attorney gen clamped on stikers with one of the most sweeping injuctions in history
union membership shriveled
veterans bureau to operate hospitals and provide rehibilitioation
american legion

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4
Q

american legion

A

created by veterans
lobby adjusted compensation to make up thw wags they lost durin gthe wat
justice compensation act giving every fomer soldier pau dup insureance polity due in 20 yrs

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5
Q

ending the war

A

congress passed a joint resolution that declared the war officially over
stil did not approve of the league of nations
isolationism
argued w. eng over oil drilling concessions in the middle east
harding prodded by busniess people unwillling to give more to finance the naval building program
anti war sentiment

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6
Q

disarmament

A

conference
all major naval powers execpt bolsehcik russia
hughes proposes the sale down of navies of american
and british should enjoy paroty
battelships and aircraft carriers q/ japan on the small ened of a 5:5:3 ratio
4 power treaty found japan, biritain, france and us to preserve status quo in pacific
nine power treary included china
kellog briand pact

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7
Q

creating a higher tariff

A

businessmen wanted to keep the market to themselves
fodney-mccumber tariff
duties on farm produce or increase to generalize rates designed to equilize the const of A and forieng prodice
hardng and cooldige authorized 32 upward chateges whil gov only ordered 5 redutions
european producers felt the squeeze and A had to leanr that they cant sell to europe in quantity unless they nought from them in quanitity
inspired europe to create higher tariffs

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8
Q

corruption in the harding gov

A

charles forbes caught stealing 200 mil from gov and resigned
teapot dome scandal
attorney promoted a senate investigation in 1924 for the legal sale of af apartments and liquor permets
harding too weak to do anything abt the corruptiion

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9
Q

teapot dome scandal effects

A

worsened prestige of gov
aquittal of sincalir and dohney undermined faith in courts

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10
Q

pres collidge

A

harding died and coolidge took over
became known as silent call bc of his brilliant flahsed of silence
mediocre leadership qualities
crystillization of the commmonplace
known as cautious clay
thrifty beature causing sympathizers w/ melons efforts to reduce tazes and debts
let business have free reign
got rid of corruption

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11
Q

farmers

A

after war, famers no longer had gov protection on prices
machines created over abundant crops
could grow bigger crops on larger area q/ less horses and hands
wheat belt in upper midw
price dampening surpluses
agricultural depression in the 1920s
capper-volesead act exepmted farmers marketing copperatively from antitrust prosectusion
mcnary-haugen bill

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12
Q

election of 1924

A

repubs renominated coolidge
dems split b/w social groups and ideologies
tuned to john w davis
progressive party nominated robert la follette
supported by socialists, af of l, and poor farmers
platform supported gov ownershup of rr, relief for farmers, lashed out at trusts, urged const ammendment to limit ussc’s power to invalidate laws
W for coolidge

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13
Q

still isolationist

A

a tropps withdrawsn from dominican republic but remained haiti and termporarlity reomeved in nicaragua
coolidge diffsued crisis b/w a oil companies in mezico anf mexico

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14
Q

international debts

A

WWI reversed a status from debtor to creditor
a investors loaned 10 bil to foreigners in 20s
us treasury loaned 10 bil to allies during the war
french and brits demanded germany make reperation payments as compensation for war inflicted danages
allies pay thier debts w/ money gotten from germany
germany inflated currency and became near anarchy
dawes olan
money never was never gotton but harvested ill will

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15
Q

arguements against repaying debt

A

allies argued that while us was sending money they were the ones actually fighting and us should write off loans as war costs
said a was already booming from wartime economy
and said a was supposed to wirk but tariffs made it almiost impossivle from them to sell their goods and warn back money to pay thed debts

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16
Q

election of 1928

A

cooolidge didnt want to run and hervert hoover was nominated
platform propserity and prohibiition
dems nominated alfred e smith w/ dry vp
people didnt like smith bc he was wet, urban, and catholic
radio helped hoover more than smith
hoover won in a landslife

17
Q

hoover the popular candidtate

A

american success sotry
his experiences abroad strenthed his faith in a individualism, free enterprise, and avoiding foreign entanglements
power in intergreitym humanitarianism, oassion for facts, effeciency, administration, inspiring loyality
ideal business person candidate
against socualism, paternalism, and planned economy
endorsed labor unions and federal regulation of the radio

18
Q

hoover’s 1st moves in office

A

agricultural marketign act
hawely-smoot tariff

19
Q

agricultural marketig act

A

federal farm board
money lent to organizers seeking to buy and sell agricultural surpluses
grain stabilizatzization corporation and the cotton stabilization corporation to bolster prices by buying syrpluses but didnt work

20
Q

hawley-smoot tariff

A

highest proctective taiff in a’s peactime
angered foreigners bc it seemedd like a declaration of economoic warfare
resversed a worldwide tredn of reasonable tarrifs
plunged a into a greater depression

21
Q

causes of the banck collapse

A

speculation
prices on stock exchange spiraled upward
brits raise their international rates
black tuesday

22
Q

effects of the bank collapse

A

more suicides in wall street
stockholders lost 40 bil
stock market collapse
business depression worldwide
wages and salaries slashed
banks collapse
1000s lost their homes and farms
soup kitchens and breadlines
fewer children

23
Q

causes of the great depression

A

ovreproduction by farms and factories
too much money going to the wealthy and not enough to salaries abd wages
overexpansion of credit
labor saving machines
europe never recovered from WW1
less and less internatoinal trades
draught in mississippu vakkey
no jobs

24
Q

hoover’s policies towards GD

A

humanitatian but an individualist
convinced that industry and self relieance made america great and feared gov interfence would destroy the country
forced to assist the RR, banks, and credit cirporatins in hopes that if financial health was restored, unemploymned would decrease
vetoed propsals he saw as socialistic

25
Q

hoover fights the gd (and lises)

A

secured 2.25 bil for public works
reconstruction finance corporation
norris lafuardia anti-injunction act

26
Q

reconstruction finance corporation

A

gov lending bank
projects supported were self-liquidating
gov and rich profited

27
Q

veterans

A

hard hit bu gd
wanted a premature payment of defferend bonus
1000s marched to dc to demand congress the immediate payment of their entire bonus
hoover payed 6000 of them
army had to evacuate them
bonus army
eviction by gen douglas mcarthus using baiynets and tear gas

28
Q

japenese attack china

A

as boycotted and blockafed goods from japan
couldnt do much bc of their nonmembership in the league
a redused to apply economic pressure but said that they souldnt recognize andy territorial squisitions
no sentiment for armed intervention

29
Q

hoover and latin america

A

goowill tour of latin a
oil depression softened agreesive attitude in us toward latin a
a investmenrs went sour
economic imperialism became less popukar
good neighbor plicy
withfrawl of troops from nicarauga and haiti