Chapter 13: A turbulent decade
The republicans in power Section 2: The republicans in power
Republicans in Power 1920 Election: Warren Harding: Pro-business platform, cut US debt, promote economic growth Charles Dawes: Spending cuts Fordney-McCumber Tariff Andrew Mellon: Tax cuts for rich = Trickle Down Effect
Impact of Republican Policies Positive impact on business Business profits up 60% Negative impact on workers 1920: 5 million workers in unions 1923: 3.6 million workers in unions “Yellow dog” contracts Negative impact on farmers Prices drop, overseas purchases drop, debt
New Directions for Women Positive and negative 19th Amendment passed Equal Rights Amendment NOT approved Is the right to vote enough? Mary Anderson=Yes Alice Paul=No
Political Scandals and Laissez-Faire Teapot Dome Scandal 1921 Veterans Bureau Scandal 1923 Charles Forbes
1924 Election Calvin Coolidge: “Silent Cal,” continue with Republican ideas and “back to normal” “The business of America is business Revenue Act of 1926 – tax cuts rich Cuts in government spending = No government welfare
1928 Election Herbert Hoover: Continue with Republican ideas and “back to normal” Alfred E. Smith was the Democratic candidate Gov. of New York Supported by liberals, immigrants, Catholics