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Chapter 13: A turbulent decade
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The republicans in power
Section 2: The republicans in power
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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
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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
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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
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Political Scandals and Laissez-Faire
Teapot Dome Scandal 1921 Veterans Bureau Scandal 1923 Charles Forbes
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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
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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
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