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POLITICS OF THE ROARING 20’S
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SECTION 1: AMERICAN POSTWAR ISSUES
The American public was exhausted from World War I An economic downturn meant many faced unemployment A wave of nativism – prejudice against foreign born people, swept the nation.
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FEAR OF COMMUNISM One perceived threat to American life was the spread of Communism Communism is an economic and political system based on a single-governmental party, equal distribution of resources, no private property and rule by a dictatorship
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SOVIET UNION COMMUNISM
Russia was transformed into the Soviet Union in 1917, a Communist state Vladimir Lenin led the Bolsheviks and overthrew the Czarist regime A Communist party was formed in America, too Lenin
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SACCO & VANZETTI Italian anarchists Sacco & Vanzetti were a shoemaker and a fish peddler Convicted of robbery and murder despite flimsy evidence, their execution was symbolic of discrimination against radical beliefs during the Red Scare
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THE KLAN RISES AGAIN As the Red Scare and anti-immigrant attitudes reached a peak, the KKK was more popular than ever By 1924, the Klan had 4.5 million members They were a conservative organization opposed to groups such as African-Americans, Jews, and Catholics
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CONGRESS LIMITS IMMIGRATION
Congress, in response to nativist pressure, decided to limit immigration from southern and eastern Europe and Asia The Emergency Quota Act of 1921 set up a quota system to control and restrict immigration America changed its formally permissive immigration policy
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A TIME OF LABOR UNREST Strikes were outlawed during WWI, however in 1919 there were more than 3,000 strikes involving 4 million workers
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BOSTON POLICE STRIKE Boston police had not received a raise in years and were denied the right to unionize The National Guard was called New cops were hired
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COAL MINERS’ STRIKE Lewis In 1919, United Mine Workers led by John L. Lewis called a Strike on November 1 Lewis won a 27% pay raise and was hailed a hero
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1920s: TOUGH TIMES FOR UNIONS
The 1920s hurt the labor movement Union membership dropped from 5 million to 3.5 million Why? African Americans were excluded from membership and immigrants were willing to work in poor conditions Ford Foundry workers in 1926; only 1% of black workers were in Unions at the time
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SECTION 2: THE HARDING PRESIDENCY
(Kellogg-Briand Pact) – 15 countries signed an agreement to not use war as a means of solving conflicts. (Dawes Plan) – Loaned Germany 2.5 billion dollars to pay reparations to Britain and France, which then paid the U.S. Harding
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SCANDAL HITS HARDING The (Ohio Gang)– Corrupt friends and cabinet members of Hardings. Sold government supplies to private hospitals and kept the money. Took bribes for political favors.
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TEAPOT DOME SCANDAL The government set aside oil-rich public land in Teapot, WY Secretary of Interior Albert Fall secretly leased the land to two oil companies Fall received $400,000 from the oil companies and a felony conviction from the courts
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Other Presidential Scandals in American History
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Andrew Jackson’s marriage
Jackson married Rachel Donelson in 1791 whom he thought was divorced She wasn’t He had to wait until 1794 to marry her and she received public criticism as an adulterer This was brought up 30 years later in the election of 1828 but Jackson won the election regardless
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Grant’s Whiskey Ring In 1875, many government employees were pocketing whiskey taxes Grant swiftly punished these people but kept his personal secretary who was in on the scheme
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Nixon and Watergate 5 Nixon staffers broke into the Watergate Hotel/Office Complex to steal information from the Democratic Party’s Election Committee in 1972 Nixon did not order the break in but ordered the cover-up and subsequently lied to the American public and the Judicial System
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Reagan and the Iran-Contra Affair
In the mid 80’s, Reagan’s government traded weapons to our enemy Iran in exchange for cash to send down to Nicaraguan rebels fighting against Communism and the possibility of releasing American hostages in the Middle East
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Clinton and the Monika Lewinsky Affair
Clinton was impeached in 1998 for lying under oath about a sexual relationship he had with a White House intern This affair happened in the Oval Office and other locations within the White House The Senate found him innocent and he served out his 2nd term
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SECTION 3: THE BUSINESS OF AMERICA
His famous quote: “The chief business of the American people is business . . .the man who builds a factory builds a temple – the man who works there worships there” President Calvin Coolidge
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AMERICAN BUSINESS FLOURISHES
Both Coolidge and his Republican successor Herbert Hoover, favored governmental policies that kept taxes down and business profits up Government interference in business was minimal
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THE IMPACT OF THE AUTO The auto was the backbone of the American economy from 1920 through the 1970s It also profoundly altered the American landscape and society The Ford Model T was the first car in America. It came only in black and sold for $290. Over 15 million were sold by 1927.
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AMERICAN STANDARD OF LIVING SOARS
The years were prosperous ones for the U.S. Americans owned 40% of the world’s wealth The average annual income rose 35% during the 1920s ($522 to $705) Discretionary income increased
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A SUPERFICIAL PROSPERITY
Many during the 1920s believed the prosperity would go on forever Wages, production, GNP, and the stock market all rose significantly But
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PROBLEMS ON THE HORIZON?
Businesses expanded recklessly Iron & railroad industries faded Farms nationwide suffered losses due to overproduction Too much was bought on credit (installment plans) including stocks
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