1920s Politics, Taxes, & Foreign Policy

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Presentation transcript:

1920s Politics, Taxes, & Foreign Policy

Objective Analyze the United States rejection of internationalism, including postwar disillusionment, the Senate’s refusal to ratify the Versailles Treaty, the election of 1920, and the role of the United States in international affairs in the 1920s.

1920 Presidential Election 1924

Warren G. Harding (R-OH) 29th POTUS 1921-1923 MORE INFO

Front Porch Campaign

Return to Normalcy

Harding’s Cabinet

The Bad Harding’s Cabinet The “Ohio Gang”

“The Shack” VISIT THE SHACK!

Teapot Dome Scandal Oil companies bribed government officials for prime oil leases on government land. Photo by Wvbailey

The “Fall Guy” Albert Fall, the Secretary of the Interior, served a short, stout sentence in prison for accepting bribes.

The Good Harding’s Cabinet Herbert Hoover Secretary of Commerce Andrew Mellon Secretary of THE Treasury

Successful Businessman Andrew Mellon Secretary of THE Treasury The Good Harding’s Cabinet Successful Businessman TAX CUTTER Andrew Mellon Secretary of THE Treasury

War Debt Photo by Andres Rueda

Lower Taxes More Revenue It may not make sense to you, but... Lower Taxes More Revenue

A Mellon Maxim “The history of taxation shows that taxes which are inherently excessive are not paid.” -- Andrew Mellon Taxation: The People’s Business

LINK

MYTH Andrew Mellon “cut taxes for the rich” as Treasury Secretary. Photo by zoomar

Mellon’s Tax Cuts Mellon WWI Wilson Tax cuts for the rich???

Mellon’s Tax Cuts Mellon WWI Wilson Tax cuts for the rich???

“It may be the pleasure and pride of an American to ask, what farmer, what mechanic, what laborer, ever sees a tax-gatherer of the United States?” http://rafkinswarning.deviantart.com/art/Thomas-Jefferson-191054235

Source: Cato Institute

Source: Cato Institute

Calvin Coolidge (R-VT) 30th POTUS 1923-1929 MORE INFO

“The business of the American people is business…”

“He who builds a factory builds a temple “He who builds a factory builds a temple. He who works there worships there.”

“Coolidge Prosperity” Low Taxes Balanced Budgets Robust Economy

“Silent Cal” "Mr. Coolidge, I've made a bet against a fellow who said it was impossible to get more than two words out of you."

“You lose.”

1924 Presidential Election 1920 1924

1920s Foreign Policy

Americanism Call it the selfishness of nationality if you will. I think it's an inspiration to patriotic devotion to safeguard America first, to stabilize America first, to prosper America first, to think of America first... Let the internationalist dream, and the Bolshevist destroy... we proclaim Americanism... -- Warren G. Harding Campaign Speech (1920)

MYTH U.S. foreign policy was isolationist during the 1920s.

The Isolationism Myth "What's interesting about our country, if you study history, is that there are some 'isms' that occasionally pop up. One is isolationism... So if you study the '20s, for example, there was an American-first policy that said, 'Who cares what happens in Europe?’” -- George W. Bush

Isolationism -- Calvin Coolidge “It will be well not to be too much disturbed by the thought of either isolation or entanglement of pacifists and militarists. The physical configuration of the earth has separated us from all of the Old World, but the common brotherhood of man… has united us by inseparable bonds with all humanity.” -- Calvin Coolidge Inaugural Address (1925)

America: World Leader Washington Naval Conference Dawes Plan Kellogg-Briand Pact

Washington Naval Conference (1921) Naval Arms Control Avoid Arms Race Photo by PIXNOIZE

Washington Naval Conference (1921) RATIOS Nation Capital Ships Aircraft Carriers Britain 5 U.S. Japan 3 Photo by PIXNOIZE

The Strategy of Ratios

U.S.S. South Carolina DISMANTLED (1924)

Dawes Plan NOTE: This is different from the Dawes Act (1887)

Dawes Plan

INGRATES http://www.calvin.edu...posters1.htm This is a poster for the April 1929 provincial election in Saxony. The Dawes Plan was an international agreement dealing with the matter of German reparations payments from World War I. The caption reads: “Break the Dawes Chains.” Courtesy of Dr. Robert D. Brooks. http://www.calvin.edu...posters1.htm

Kellogg-Briand Pact (1929) Renounced war as an “instrument of national policy”