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The 1920’s & The “Return to Normalcy”
“Old Guard” Republicans return to power- end of Progressivism- disillusionment with Wilson. US does not join the League of Nations- disillusionment with World War I. The Rise of Xenophobia- disillusionment with the “New America.”
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Xenophobia The Red Scare ( ) – fear of the Communist Revolution in Russia spreading leads to the jailing and deportation of Anarchist, Communists and Socialists- “Soviet Ark” Labor Movement suffers. Communism considered a foreign conspiracy- Ideas were Un-American. KKK – 1 million
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Immigrants No Longer Welcome
Immigrations Act of established a quota; 10% of the number of immigrants in 1910. Immigrations Act of further restricted immigration; 2% of the number of immigrants in 1890. Groups Most Affected:
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The Return of the “Old Guard” Republicans – The Politics of the 1920’s - Reactionary
Warren G. Harding brings his “Ohio Gang” to the White House. Albert Fall- Secretary of the Interior Responsible for the Teapot Dome Scandal- Government Oil Reserves Charles Forbes- steals $2 Million from the Veteran’s Bureau- money that was to go to disabled World War I veterans.
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“Silent Cal” Restores Credibility to the Presidency
Calvin Coolidge- very honest; believer in laissez-faire economics. Andrew Mellon- Secretary of the Treasury; introduces trickle-down economics- tax cuts for the rich.
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1920’s Economic Boom – Roaring 20’s
Stock Market Booms – Bull Market (Bear) Buying Goods on Credit Installment plan: pay for goods over extended period with interest Some economists, business owners think installment buying excessive – Why? Future? – Who cares live for today!
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Revolution in Automobile Production – Assembly Line
Henry Ford Model T – Assembly Line and installment plan make the car available to most. “When you build a factory, you build a temple.” Materialism is the new God. YouTube - Charlie Chaplin: Modern Times Part 1/9 Industrial Middle Class - $5 Day (Nativism) Huge Gap Between Rich and Poor - ?
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The Lost Generation (US) - The Da Da Movement (Europe)
Main Theme: Disillusionment F. Scott Fitzgerald: called the era the “Jazz Age” Great Gatsby: Showed the negative side of 1920s wealth Sinclair Lewis: Babbit; Against materialism Ernest Hemingway: A Farewell to Arms – questions glorification of war
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The Roaring 20’s The New Urban Scene
1922–1929, nearly 2 million people leave farms, towns each year Urban v. Rural - Clash of VALUES!
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The Noble Experiment 18th Amendment (1919): supported by religious groups, Rural South, West Prohibition: production, sale, transportation of alcohol is illegal! Volstead Act (1919) Problem: Government does not budget enough money to enforce the law.
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YouTube - Boardwalk Empire: Speakeasy Tour (HBO)
Prohibition Ignored Speakeasies: hidden saloons, nightclubs – The “corner cop” People distill liquor, buy prescription alcohol, “sacramental” wine Bootlegging: illegal sale, manufacturing YouTube - Boardwalk Empire: Speakeasy Tour (HBO)
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Rise of Organized Crime
“Nucky” Johnson – Atlantic City Boss Al Capone: controls Chicago liquor business by killing competitors – St Valentines Day Massacre Corruption at EVERY level! Mid-1920s: only 19% support Prohibition YouTube - Boardwalk Empire: Atlantic City: The Original Sin City (HBO)
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The Election of 1928 Al Smith (D) Herbert Hoover (R) Urban- from NYC
Irish-Catholic Wet Progressive- Gov’t Regulation Herbert Hoover (R) Rural- from Iowa W.A.S.P. Dry Pro Big Business – Laissez Faire
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