History 171C The United States and the World
Depression-Era Diplomacy
Dawes and Young Plans, 1924 & 1929 Charles Dawes Owen Young
U.S. government posture toward to Soviet Union: Hostility to communism Vladimir Lenin
U.S. government posture toward to Soviet Union: Hostility to communism Insistence on payment of debts Vladimir Lenin
U.S. government posture toward to Soviet Union: Hostility to communism Insistence on payment of debts But inability to prevent American capitalists from trading with and investing in Soviet Union Vladimir Lenin
1928—Kellogg-Briand Pact outlawed war!
Prelude to Kellogg-Briand Pact: Raymond Orteig
Prelude to Kellogg-Briand Pact: 1927—Charles Lindbergh’s solo flight to Paris generated considerable Franco-U.S. goodwill
After Lindbergh flight, France proposed Franco-U.S. mutual non-aggression pact Frank Kellogg Aristide Briand
1928—Kellogg-Briand Pact U.S. motives: Evading alliance with France Catering to pacifist mood Frank Kellogg Aristide Briand
1928—Kellogg-Briand Pact
Depression-Era Diplomacy
Herbert Hoover
The Great Depression was rooted in the maldistribution of wealth in the United States
A very small number of people had too much money
... and a very large number had too little
The people with too little money did not have sufficient purchasing power to buy all the goods and services that were being produced
The wealthy, in effect, lending to the less well-off Credit buying in the 1920s
Wall Street in the 1920s
The Stock Market Crash left private investors unable, or unwilling, to keep investing in the US economy, resulting in massive business failures and job losses
Devastating impact of Great Depression
Herbert Hoover
“Hooverville”
“Hoover Wagon”
“Hoover Blanket”
U.S. investors stopped lending to foreign borrowers, who defaulted on loans International dimensions of Great Depression
Trade crisis exacerbated by Smoot-Hawley Tariff, 1930 Part of more general global pattern of economic nationalism and insularity W.C. Hawley and Reed Smoot
Herbert Hoover
Increasing tensions between U.S. and Japan: Competition over China, especially Manchuria
South Manchuria Railway
Late 1920s—Chinese Koumintang (Goumindang) challenged Japanese encroachment on Manchuria
Chiang Kai-shek (Jiang Jieshi) Zhang Xueliang (Chang Hsueh-liang)
Response to Koumintang (Goumindang) challenge to Japanese encroachment on Manchuria Manchurian crisis, 1931
Outrage in U.S. (and elsewhere) over Japanese intervention
U.S. response to intervention in Manchuria: Stimson Doctrine, 1932 U.S. not to recognize legality of intervention or of any arrangement contrary to Kellogg- Briand Pact Secretary of State Henry Stimson
Herbert Hoover
League of Nations
Spring-Summer 1932— groups of WWI marched to Washington, DC, to demand early payment of military bonus The Bonus Army, 1932
General Douglas MacArthur and his aide, Major Dwight D. Eisenhower
Summer 1932—MacArthur’s troops violently expelled the Bonus Army and destroyed its encampments
Hoover’s mishandling of the Bonus March helped to ensure his defeat to Franklin D. Roosevelt in the 1932 presidential election HooverRoosevelt
Franklin D. Roosevelt,
FDR Scion of a wealthy Dutch-American family
FDR Idolized Theodore Roosevelt, his distant relative
New York State Assemblyman, Assistant Secretary of the Navy, Governor of New York, Vice President, 1901 President, TR
New York State Senator, Assistant Secretary of the Navy, Democratic Candidate for Vice President, 1920 Governor of New York, President, FDR
FDR & Polio