1. Politics & Business in the 1920’s

2. “A Return to Normalcy”
This became Warren G. Harding’s campaign slogan when he accidentally messed up the word, “Normality”
Americans loved it and elected him

3. Fighting the Recession
After WWI, 2 million soldiers were looking for work
Factories were closing because they were no longer getting orders for wartime goods from European nations

4. The Teapot Dome Scandal
Secretary of the Interior, Albert Fall accepted a bribe to lease government land to oil executives
One of these areas was called “Teapot Dome” in Wyoming
Fall was sent to prison

5. Warren G. Harding Very popular because he “didn’t do anything”
Let the country heal economically and emotionally
Died two years into his term - August 2, 1923
Public mourning
He was very popular at that time

6. Vice President Calvin Coolidge Becomes President
“Silent Cal” spoke and spent little (Harding loved to throw parties and give long speeches)
He forced corrupt officials to resign
He was re-elected in 1924 with the slogan “Keep Cool With Coolidge”

7. Coolidge and Business Coolidge cut regulations on businesses
Americans’ incomes rose
People began to buy refrigerators, radios, vacuums, and other appliances
Businesses began to advertise their products
“The business of America is business.”

8. REPUBLICAN ECONOMY SUPPORTED LAISSEZ FAIRE & BIG BUSINESS…
REPUBLICAN FISCAL PROGRAM
REPUBLICAN ECONOMY SUPPORTED LAISSEZ FAIRE & BIG BUSINESS… $ = + +
Lower Taxes Less Federal Higher Strong Spending Tariffs National Economy
Fordney-McCumber Tariff Hawley-Smoot Tariff raised the tariff to an unbelievable 60%!!!

9. TRADING NATIONS ARE PEACEFUL NATIONS
Trade
THE DAWES PLAN
U.S.
1. US loans Germany money to pay reparations
3. Allies pay back US with money from Germany
US needs strong nations with which to trade
TRADING NATIONS ARE PEACEFUL NATIONS
Germany
England & France
2. Germany pays back allies on agreed upon lower rate

10. American Foreign Policy in the 1920s
Most Americans (including Harding and Coolidge) wanted to remain “isolationist”
HOWEVER:
1. U.S. still needed to protect interests in Mexico
2. U.S. gave $10 million to aid Russia during a famine
3. U.S. still signed the “Kellogg-Briand Pact” with 61 other nations (which outlawed war)

11. Red Scare
Americans feared that Communist Revolution in Russia would spill into U.S.

12. Palmer Raids
Americans were paranoid after the Russian Revolution in 1917.
Alexander Mitchell Palmer was appointed in 1919 to arrest communists, socialists, and anarchists.
Named J. Edgar Hoover as his Assistant
10,000 suspected communists were arrested, many without warrants.
600 were deported.

13. Nativism
Anger against foreigners led to a new move to limit immigration.
Nativism: Anti- foreign feeling.

14. Quota System System that limited immigration.
Allowed only a certain number of immigrants from certain countries.
“America must be kept American”

15. Ku Klux Klan
Strongly supported efforts to limit immigration.
The new Klan terrorized immigrants.

16. Klan membership was 3,000,000–6,000,000 in the 1920s 

17. Women Gain the Right to Vote
19th Amendment in gave women the right to vote
Carrie Chapman Catt set up the League of Women Voters
This group tried to educate voters and ensure the right of women to serve on juries

18. “The Noble Experiment”
Prohibition
18th Amendment
A national(Constitutional) ban on the sale, production, and transport of alcohol, from to 1933.

19. The Prohibition Experiment
Reason it failed
Lacking of government enforcement
People wanted to enjoy their life
Most immigrants did not see it as a sin, but rather as a part of socializing

20. The Prohibition Experiment
Speakeasies, Bootleggers and Organized Crime
Drinking went undergrounds to Speakeasies
Consumption of alcohol may have increased
Bootleggers profit from selling illegal liquor
Helped contributed to the rise of organized crime

21. Al Capone

22. The 21st Ammendment Repealed Prohibition in 1933.
Prohibition Ends
The 21st Ammendment Repealed Prohibition in 1933.