Chapter 32 Flashcards
(29 cards)
Warren G. Harding
He was one of the best liked men of the generation, he was spineless and a bad judge of character. He is compared to Grant because his term in office was scandalous. Many corporations could expand, antitrust laws were ignored, and he achieved disarmament with the Open Door in China. The tariff increased also. He died on August 2, 1923 of pneumonia and thrombosis while making speeches.
Charles Evan Hughes
He was the Republican governor of New York who ran for the presidency in 1916. He lost to Wilson. He was a strong reformer who gained his national fame as an investigator of malpractices in gas and insurance companies. In 1921 he became Harding’s Secretary of State. He called together the major powers to the Washington Disarmament Conference in 1921.
Andrew Mellon
He was the Secretary of the Treasury during the 1920s and under Harding that had the theory that high taxes forced the rich to invest in tax-exempt securities rather than in factories that provided prosperous payrolls. He had followers in his theory called Mellonites. He helped engineer a series of tax reductions and reduced national debt by $10 billion. He was accused of indirectly encouraging the bull market and starting the descent into the stock market crash.
Herbert Hoover
The president of the United States from 1929 to 1932 He was a republican who ran on a campaign of prohibition and prosperity. The early years of his presidency brought about a great deal of prosperity for the United States. Many people blamed him for the stock market crash.
Albert B. Fall
He was Secretary of the Interior during Harding’s administration, and was a scheming anticonservationist. He was convicted of leasing naval oil reserves and collecting bribes, which was called the Tea Pot Dome scandal.
Harry M. Daugherty
Attorney General during the 1922 strike against the Railroad Labor Board. The strike ended when Daugherty stopped the strikers in one of the most sweeping injunctions in American history. He was a member of Harding’s Ohio Gang. He was accused of the illegal sale of pardons and liquor permits. He was forced to resign. He was tried but a jury failed to convict him.
Charles R. Forbes
In 1923 he resigned as head of the Veteran’s Bureau. He swindled $200 million from the government in building Veteran’s hospitals. He was sentenced to two years in the penitentiary. This was part of the Harding scandal and the “Ohio gang”
Calvin Coolidge
He became president when Harding died of pneumonia. He was known for practicing a rigid economy in money and words, and acquired the name “Silent Cal” for being so soft-spoken. He was a true republican and industrialist. Believed in the government supporting big business.
John w. Davis
Democratic convention nominee in 1924 against Coolidge. He was a wealthy lawyer connected with J.P. Morgan and Company. Coolidge easily defeated Davis.
Robert La Follette
A senator from Wisconsin who ran for the presidency of 1924 on the Progressive party’s ticket. Their platform called for government ownership of the railroads and relief for farmers and it lashed out at monopolies. He lost however to Coolidge.
Alfred E. Smith
He ran for president in the 1928 election for the Democrat Party. He was known for his drinking and he lost the election to Herbert Hoover. Prohibition was one of the issues of the campaign. He was the first Roman Catholic to run for president, and it was during a time many people were prejudice toward Catholics.
Ohio Gang
A group of poker-playing, men that were friends of President Warren Harding. Harding appointed them to offices and they used their power to gain money for themselves. They were involved in scandals that ruined Harding’s reputation even though he wasn’t involved.
Trade Associations
Big industrialists now had a free hand to set up trade associations. Cement manufacturers for example would use these agencies to agree upon standardization of a product, publicity campaigns, and a united front in dealing with the railroads and labor. Their formation was encouraged by secretary Hoover. His sense of engineering efficiency led them to condemn the waste resulting from cutthroat competition.
American Legions
It was founded in Paris in 1919 by Theodore Roosevelt. It met periodically to renew old hardships and let off steam in good natured horseplay. It was distinguished for its militant patriotism, rock ribbed conservatism, and zealous anti radicalism.
Washington conference
1921-1922 was a meeting between most major world powers. This conference was for the disarmament of these countries. This meeting also prevented the U. S. and Britain from fortifying their Far East possessions and established the Four Power treaty. The major powers promised to preserve the status-quo in the Pacific. Reduced the number of large battleships for the major powers.
Kellogg-Briand pact
(1929) created by Frank B. Kellogg and Aristide Briand, this pact promised to never make war again and settle all disputes peacefully. Sixty-two nations signed this pact. The treaty was hard to enforce and had no provisions for the use of economic or military force against a nation that may break the treaty.
Fordney-McCumber pact
In 1922, Congress passed the Fordney-McCumber Tariff Law. As a result, foreign tariff ‘s became as high as 38.5%. This was designed to equalize the price of American and Foreign products
Teapot dome scandal
One of many scandals under Harding. Involved priceless naval oil reserves at Teapot Dome, Wyoming. Albert B. Fall got Secretary of Navy, Denby to transfer valuable goods to Interior Department secretly. Harry Sinclair and Edward L Dohney were released the lands after paying a large bribe. Scandal polluted governments prestige and made public wonder about the sufficiency of government and undermined faith in courts
Elks-hills scandal
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McNary-haugan bill
This bill was favored by agricultural states. It was pushed to keep high prices on agricultural products by authorizing the government to purchase agricultural surpluses and selling them. The losses of the government could be repaid by a special tax on the farmers. It was passed twice by Congress and vetoes twice by Coolidge.
Progressive party
The Progressive Party of 1912 was an American political party. It was formed by former President Theodore Roosevelt, after a split in the Republican Party between himself and President William Howard Taft.
The party also became known as the Bull Moose Party when former President Roosevelt boasted “it takes more than that to kill a bull moose” while giving a scheduled campaign speech minutes after being wounded in an assassination attempt during the 1912 campaign in Milwaukee, Wisconsin.
Dawes plan
Calvin Coolidge’s running mate, Charles Dawes is largely responsible for the Dawes plan of 1924; an attempt to pay off the damages from WWI. This intricate monetary “merry-go-round”, as it was often called, gave money to Germany who then paid France and Britain for debts of the war. Former allies then paid the U.S. When the Depression hit, the “merry-go-round” stopped. Finland was the only nation to pay off their debts to the very last penny in 1976. The U.S. never received the money it was owed
Hoovercrats
a Democrat of the southern U.S. voting for or supporting Herbert Hoover in the presidential election.
Hawley Smoot tariff
Began as a protective measure to assist farmers, but turned out to be the highest protective tariff in the nation’s peace time history. It raised the duty on goods from 38.5 percent to 60 percent in 1930.
