Chapter 32 Flashcards
(15 cards)
Washington Conference
An international conference on the limitation of naval fleet construction begins in Washington. Under the leadership of the American Secretary of State Charles Evans Hughes the representatives of the USA, Great Britain, France, Italy, and Japan pledge not to exceed the designated sizes of their respective naval fleets
Kellogg-Briand Pact
Agreement signed in 1928 in which nations agreed not to pose the threat of war against one another
Fordney McCumber Tariff
This tariff rose the rates on imported goods in the hopes that domestic manufacturing would prosper. This prevented foreign trade, which hampered the economy since Europe could not pay its debts if it could not trade
Teapot Dome scandal
Scandal during the Harding administration involving the granting of oil-drilling rights on government land in return for money
Elks Hills scandal
a large oil field in northwestern Kern County, in the Elk Hills of the San Joaquin Valley, California in the United States, about twenty miles (32 km) west of Bakersfield. Discovered in 1911
McNary-Haugen Bill
it sought to keep agricultural prices high by having the government buy surpluses to sell abroad, vetoed twice by Coolidge
Progressive party
Revived political party that ran Robert La Follette in the Election of 1924. This group believed in a more pro-labor policy, especially in the supporting of economically downtrodden farmers. It received a fairly large percentage of votes for a third party.
Dawes Plan
A plan to revive the German economy, the United States loans Germany money which then can pay reparations to England and France, who can then pay back their loans from the U.S. This circular flow of money was a success.
Hoovercrats
Southern Democrats who turned against their party’s “wet” Catholic nominee and voted for the Republican in 1928
Hawley-Smoot Tariff
(HH) 1930 , charged a high tax for imports thereby leading to less trade between America and foreign countries along with some economic retaliatio, HIGHEST EVER
Black Tuesday, Black Thursday
October 29, 1929; the day the stock market crashed. Lead to the Panic of 1929
Muscle Shoals Bill
Bills that would allocate funds to dam the Tennessee River and provide employment, is vetoed by Hoover
RFC (Reconstruction Finance Corporation)
an independent agency of the United States government. It granted over 2 billion dollars to the local and state governments. It was charted under the Herbert Hoover administration.
Bonus Army
Unemployed World War I veterans who came to Washington in the spring of 1932 to demand the immediate payment of the bonus congress had voted them in 1922. The veterans were forcibly removed from Anacostia Flats by federal troops under the command of Douglas MacArthur.
Stimson Doctrine
1932, Hoover’s Secretary of State said the US would not recognize territorial changes resulting from Japan’s invasion of Manchuria