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Chapter 13 Section 2 The Republicans In Power. The Election of 1920 Seeking a candidate with broad appeal, Republicans nominated Warren G. Harding for.

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Presentation on theme: "Chapter 13 Section 2 The Republicans In Power. The Election of 1920 Seeking a candidate with broad appeal, Republicans nominated Warren G. Harding for."— Presentation transcript:

1 Chapter 13 Section 2 The Republicans In Power

2 The Election of 1920 Seeking a candidate with broad appeal, Republicans nominated Warren G. Harding for the 1920 election Seeking a candidate with broad appeal, Republicans nominated Warren G. Harding for the 1920 election {the Harding administration believed in pro-business practices,} higher tariffs, limits on immigration and a return to normalcy {the Harding administration believed in pro-business practices,} higher tariffs, limits on immigration and a return to normalcy Harding won the presidency in a landslide Harding won the presidency in a landslide The administration set out to reduce the national debt, as it had risen from $1 billion in 1914 to $25 billion in 1919, by slashing spending. The administration set out to reduce the national debt, as it had risen from $1 billion in 1914 to $25 billion in 1919, by slashing spending. Congress also passed the {Fordney-McCumber Tariff Act in 1922, pushing tariff rates on manufactured good to an all time high} Congress also passed the {Fordney-McCumber Tariff Act in 1922, pushing tariff rates on manufactured good to an all time high}

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4 Continued… To achieve the goal of economic growth, Secretary of the Treasury Andrew Mellon, proposed taking away the high war time taxes imposed on wealthy Americans. Claiming that if their taxes were lowered they would have more money to invest, thus the economy would grow To achieve the goal of economic growth, Secretary of the Treasury Andrew Mellon, proposed taking away the high war time taxes imposed on wealthy Americans. Claiming that if their taxes were lowered they would have more money to invest, thus the economy would grow Mellon argued that the benefits would trickle down to the poor and middle class in the form of jobs and higher wages Mellon argued that the benefits would trickle down to the poor and middle class in the form of jobs and higher wages Sound silly?? Well, Congress passed it. Of course they were all in the wealthy group. In all honesty though it did work Sound silly?? Well, Congress passed it. Of course they were all in the wealthy group. In all honesty though it did work

5 The Effects of Republican Policies More than 1,000 mergers- the combining of two or more companies- took place in this era More than 1,000 mergers- the combining of two or more companies- took place in this era By corporations owned nearly half of the nations corporate wealth By corporations owned nearly half of the nations corporate wealth For the most part workers did not share in the business profits. While business profits increased by 60% the salaries increased by about 10% For the most part workers did not share in the business profits. While business profits increased by 60% the salaries increased by about 10% Farmers still faced a shrinking market, low prices, high interest rates and debt Farmers still faced a shrinking market, low prices, high interest rates and debt Federal courts also upheld “yellow-dog contracts” which prevented workers from joining unions. {Business leaders promoted a policy known as the American Plan which supported union-free open shops} Federal courts also upheld “yellow-dog contracts” which prevented workers from joining unions. {Business leaders promoted a policy known as the American Plan which supported union-free open shops}

6 New Direction for Women After the passing of the Nineteenth Amendment divisions in the women’s rights movement came about in the debate over the Equal Rights Amendment After the passing of the Nineteenth Amendment divisions in the women’s rights movement came about in the debate over the Equal Rights Amendment It was proposed to Congress in 1923 by Alice Paul of the National Woman’s Party. It stated that men and women would have equal rights throughout the U.S. and every place subject to its jurisdiction It was proposed to Congress in 1923 by Alice Paul of the National Woman’s Party. It stated that men and women would have equal rights throughout the U.S. and every place subject to its jurisdiction {The Equal Rights Amendment was opposed by many reformers,} like those who had fought so hard to get better hours and working conditions for women, now they would be the same as men hurting their chance to get a job {The Equal Rights Amendment was opposed by many reformers,} like those who had fought so hard to get better hours and working conditions for women, now they would be the same as men hurting their chance to get a job In the end the Equal Rights Amendment failed to win political support In the end the Equal Rights Amendment failed to win political support

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8 The Harding Scandals A group of Harding’s constituents known as the Ohio Gang was using their connections to the president to enrich themselves at the public’s expense A group of Harding’s constituents known as the Ohio Gang was using their connections to the president to enrich themselves at the public’s expense Charles Forbes, the director of the Veterans Bureau was pocketing millions through corrupt schemes Charles Forbes, the director of the Veterans Bureau was pocketing millions through corrupt schemes The most notorious scandal was revealed after Harding’s death in office. The most notorious scandal was revealed after Harding’s death in office. {The Teapot Dome Scandal, involving friends of Warren Harding, exposed the Secretary of the Interior, Albert Fall, had granted private leases to oil reserves in California and Wyoming} {The Teapot Dome Scandal, involving friends of Warren Harding, exposed the Secretary of the Interior, Albert Fall, had granted private leases to oil reserves in California and Wyoming} In return conspirators received personal loans, cash and cattle In return conspirators received personal loans, cash and cattle Fall was convicted and jailed Fall was convicted and jailed

9 This cartoon depicts the "steamrolling" effect of the Teapot Dome oil scandal of the Harding Administration in the 1920s.

10 Coolidge Takes Charge After Harding’s death, his {Vice President Calvin Coolidge, known as Silent Cal,} was sworn in. After Harding’s death, his {Vice President Calvin Coolidge, known as Silent Cal,} was sworn in. Coolidge easily won the election in 1924 Coolidge easily won the election in 1924 {Calvin Coolidge was even more pro-business than Harding he declared “the business of America is business”} {Calvin Coolidge was even more pro-business than Harding he declared “the business of America is business”} Coolidge passed the Revenue Act, which repealed the gift tax, cut estate taxes in half and reduced taxes for the wealthy Coolidge passed the Revenue Act, which repealed the gift tax, cut estate taxes in half and reduced taxes for the wealthy He vetoed spending bills, such as a bonus bill to provide aid to WWI veterans and a bill designed to boost farm prices by authorizing the gov. to but surplus crops and sell them abroad He vetoed spending bills, such as a bonus bill to provide aid to WWI veterans and a bill designed to boost farm prices by authorizing the gov. to but surplus crops and sell them abroad The president remained popular because of the improvement of the economy, but chose not to re-run in the following election The president remained popular because of the improvement of the economy, but chose not to re-run in the following election

11 Calvin Coolidge.

12 The Election of 1928 The Republicans nominated Secretary of Commerce Herbert Hoover for president in 1928 The Republicans nominated Secretary of Commerce Herbert Hoover for president in 1928 {Hoover had a reputation for administrative skill and efficiency} {Hoover had a reputation for administrative skill and efficiency} The Democrats nominated Alfred E. Smith, a moderate progressive, with Franklin D. Roosevelt as his running mate The Democrats nominated Alfred E. Smith, a moderate progressive, with Franklin D. Roosevelt as his running mate Hoover won the election Hoover won the election

13 Review Questions The Harding administration believed in pro-________ practices The Harding administration believed in pro-________ practices What did the Fordney-McCumber Tariff Act in 1922, do to Tariff rates? What did the Fordney-McCumber Tariff Act in 1922, do to Tariff rates? What was the plan business leaders promoted which supported union-free open shops What was the plan business leaders promoted which supported union-free open shops This Amendment was opposed by many reformers, like those who had fought so hard to get better hours and working conditions for women, This Amendment was opposed by many reformers, like those who had fought so hard to get better hours and working conditions for women, This Scandal, involving friends of Warren Harding, exposed the Secretary of the Interior, Albert Fall, had granted private leases to oil reserves in California and Wyoming This Scandal, involving friends of Warren Harding, exposed the Secretary of the Interior, Albert Fall, had granted private leases to oil reserves in California and Wyoming This president “the business of America is business” This president “the business of America is business”

14 Tell me that’s not just a little creepy. Oh yea, please don’t try this


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