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Republican Influence Warren G Harding will become president in 1920.
He will reject internationalism of Wilson He will promise a return to normalcy after the turmoil of the war and post war years Surrounds himself with businessmen a good idea Surrounds himself with old friends from Ohio
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Harding cont…. Advisors out for themselves scandals erupt
Albert Fall interior Secretary get busted for selling oil Teapot dome Wyoming Fall goes to jail, Harding dies before everything hits the fan
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Silent Cal Harding Vice President Calvin Coolidge takes over
Continues Harding policies Pro business Appoints businessmen to commissions to regulate business Named conservatives to cabinet position Appointed supreme court justices who were against progressive ideas.
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Cal cont…. Andrew Mellon 3rd wealthiest person in US is Sec of treasury for all of 1920’s. Will push for lower taxes on wealthy and corporations Cal won’t run for second term
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Hoover The Wonder Boy Organizes trade association Zoning regulations
Regulate air lines, radio, and new businesses The twenties are roaring
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Foreign policy in the 20’s
US will expand business control around the world Germany defaults on reparations. Dawes plan loans money to Germany so they can pay their debts Washington conference set about arms reductions Kellogg-Briand Pact Outlaws war but no punishment for offenders
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Latin America By 1924 US will control financial policies of 14 out of 20 Latin American countries Our military presence expands in 20’s
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