The Republicans in Power Yeri Kim. Warren G. Harding Nominated as the Republican presidential candidate for the 1920 election. Ran on a pro-business platform.

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Presentation transcript:

The Republicans in Power Yeri Kim

Warren G. Harding Nominated as the Republican presidential candidate for the 1920 election. Ran on a pro-business platform that promised tax revision, higher tariffs, limits on immigration, and some aid to farmers. Wins the election of 1920 by receiving 16 million votes and 404 electoral votes. Nominated as the Republican presidential candidate for the 1920 election. Ran on a pro-business platform that promised tax revision, higher tariffs, limits on immigration, and some aid to farmers. Wins the election of 1920 by receiving 16 million votes and 404 electoral votes.

Harding’s Pro-Business Administration Administration economic goals: 1. Reduce the national debt Fordney-McCumber Tariff Act - law that raised tariff rates on manufactured goods so that U.S. manufacturers could benefit and earn profit. Administration economic goals: 1. Reduce the national debt Fordney-McCumber Tariff Act - law that raised tariff rates on manufactured goods so that U.S. manufacturers could benefit and earn profit.

2. Promote economic growth Andrew Mellon proposed eliminating the high taxes imposed on wealthy Americans to induce business leaders to invest more which would eventually lead to economic growth. 2. Promote economic growth Andrew Mellon proposed eliminating the high taxes imposed on wealthy Americans to induce business leaders to invest more which would eventually lead to economic growth.

The Effects of Republican Policies Positive effects: Turned the government’s annual budget deficit into a surplus, reducing the national debt. Industrial boom; more than 1000 mergers took place. From 1923, to 1929, business profits increased 60% and workers’ incomes grew by about 10%. Positive effects: Turned the government’s annual budget deficit into a surplus, reducing the national debt. Industrial boom; more than 1000 mergers took place. From 1923, to 1929, business profits increased 60% and workers’ incomes grew by about 10%.

Negative effects: Despite the economic growth, the plight of the American farmers still continued. Organized labor also suffered due to creation of “yellow-dog contracts” and American Plan (union membership shrank from more than 5 million to some 3.6 million). Negative effects: Despite the economic growth, the plight of the American farmers still continued. Organized labor also suffered due to creation of “yellow-dog contracts” and American Plan (union membership shrank from more than 5 million to some 3.6 million).

New Direction for Women Many women started supporting Equal Rights Amendment which called for equal rights for both men and women. However, the Amendment failed to win political support since many reformers thought it would make legislation regulating working hours and conditions of female workers unconstitutional.

Scandals Forbes scandal: Charles Forbes, Harding’s close friend and director of the Veterans Bureau, was believed to have pocketed millions of dollars through dishonest schemes. Teapot Dome scandal: Secretary of the Interior Albert Fall was convicted of accepting bribes and therefore jailed. Forbes scandal: Charles Forbes, Harding’s close friend and director of the Veterans Bureau, was believed to have pocketed millions of dollars through dishonest schemes. Teapot Dome scandal: Secretary of the Interior Albert Fall was convicted of accepting bribes and therefore jailed.

After Harding’s death due to heart attack, Vice president Calvin Coolidge became the president. Successful in making possible both a tax cut and further reductions in the national debt. In 1928, the Secretary of Commerce Herbert Hoover was nominated as the president. After Harding’s death due to heart attack, Vice president Calvin Coolidge became the president. Successful in making possible both a tax cut and further reductions in the national debt. In 1928, the Secretary of Commerce Herbert Hoover was nominated as the president.

ACTIVITY TIME! ACTIVITY TIME! Instructions: 1. Go to the sites linked above, read all the information about Equal Rights Amendment then make a timeline based on the progress of improving women’s rights. 2. Write your own opinions whether the ERA was a success for women’s rights or not. Explain your opinion with good reasons! Instructions: 1. Go to the sites linked above, read all the information about Equal Rights Amendment then make a timeline based on the progress of improving women’s rights. 2. Write your own opinions whether the ERA was a success for women’s rights or not. Explain your opinion with good reasons!