Presentation on theme: "WARREN G. HARDING A return to NORMALCY. Historical Background Republican Senator from Ohio Takes office in 1921 VP: Calvin Coolidge Secretary."— Presentation transcript:
Contributions 1921 – Harding invites: Great Britain, Japan, France, Italy to a conference. Charles Evans Hughes urges delegates that no more warships be built for the next ten years.
Fordney-McCumber Tariff – 1922 raised taxes on US imports to 60%. Protected US businesses from foreign competition. Dawes Plan – Charles G. Dawes loans Germany $2.5 billion to pay back France and Britain, who need the money to pay back the US. Appoints ex-President Taft to the Supreme Court as Chief Justice.
Scandals Ohio Gang – the president’s poker-playing friends whom he gave cabinet positions to. Every Wednesday night Harding would “sneak” out, followed by the Secret Service, to one of his friend’s homes to gamble, play poker, and meet women.
The Tea Pot Dome Scandal Fairly late and fairly drunk Harding signs some papers brought to him by his friend: US Navy Secretary of the Interior Albert B. Fall. Transfers ownership of oil rich land in Teapot Dome, Wyoming and Elk Hills, CA from the navy to the Interior Department. Fall secretly leased the land to two private oil companies who sold the oil for their own profit.
Fall claims later on that the contracts were in the government’s interest but he is found to have suddenly received $400,000 in “loans,bonds, and cash”. Summer of 1923 Harding goes to Alaska and then to California to take a breather and passes away from…
a heart attack/ stroke. Harding had been poisoned by his wife, Florence Harding, who apparently had caught on to him and his girlfriends, and had slowly poisoned him with a small amount of arsenic in his coffee each morning for over a year.
August 2, 1923 Harding passes away in San Francisco, CA. Calvin Coolidge is sworn in as President by his father on the family Bible under the light of their kerosene lamp.
Silent Cal Had a reputation as a quiet man. Asocial at times. Dorothy Parker, screen writer, exchange: Parker: "Mr. Coolidge, I've made a bet against a fellow who said it was impossible to get more than two words out of you." Coolidge: “You Lose.”
Contributions Revenue Act 1924, 1926, 1928 – lower taxes for everyone, and even eliminating income tax. Tight federal budget, lowered national debt. Limited government involvement in business by vetoing bills for subsidizing farmers during surplus as well as a Veteran’s bonus bill. Kellog-Briand Pact of 1928 - committed signatories including the U.S., the United Kingdom, France, Germany, Italy, and Japan to "renounce war, as an instrument of national policy in their relations with one another.“