Day 125 politics of boom and bust
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Day 125: Politics of Boom and Bust. Baltimore Polytechnic Institute March 14, 2012 A.P. U.S. History Mr. Green. Politics of Boom and Bust. Objectives: Students will: Explain and analyze America’s turn toward social conservatism and normalcy following World War I.

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Day 125: Politics of Boom and Bust

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Day 125 politics of boom and bust

Day 125: Politics of Boom and Bust

Baltimore Polytechnic Institute

March 14, 2012

A.P. U.S. History

Mr. Green


Politics of boom and bust

Politics of Boom and Bust

Objectives: Students will:

Explain and analyze America’s turn toward social conservatism and normalcy following World War I.

Describe the cultural conflicts of the 1920s over such issues as immigration, cultural pluralism, and prohibition; and describe the rise of organized crime during the decade.

Describe the rise of Protestant Fundamentalism and its apparent defeat in the landmark Scopes Trial.

AP Focus

Concerned about the success of the Bolshevik Revolution, the United States, Britain, and other nations send troops to participate in the Russian Civil War in the hope of toppling Lenin’s communist government. Domestically, a systematic effort to suppress Bolsheviks, or reds, is launched. A political cartoon in The American Pageant (13th ed., p. 721/14th ed., p. 771) makes it abundantly clear that leftists have no place in American life.

Intolerance grows in the nation after World War I. A new and more virulent nativist strain emerges in the reborn Ku Klux Klan, which has expanded its influence across the nation.

To shrink immigration from certain areas of the world, a quota system is put in place. That and the Immigration Act of 1924 dramatically reduce eastern and southern European immigration.


Chapter focus

Chapter Focus

Chapter Themes

A disillusioned America turned away from idealism and reform after World War I and toward isolationism in foreign affairs, domestic social conservatism, and the pleasures of prosperity.

New technologies, mass-marketing techniques, and new forms of entertainment fostered rapid cultural change along with a focus on consumer goods. But the accompanying changes in moral values and uncertainty about the future produced cultural anxiety, as well as sharp intellectual critiques of American life.


Announcements

Announcements

Quiz on Friday 20 questions-Chapters 29-32

Focus Questions-Chapter 32 due on Friday


Wall street s big bull market

Wall Street’s Big Bull Market

Florida real estate

100’s of banks failed annually

Buying on margin

National debt increased

Andrew Mellon

rich invested in tax-exempt securities instead of factories

lowered taxes-shift to middle-income groups

decreased debt

indirectly encourage bull market


Reading quiz

Reading Quiz

Identify 3 reasons for the Stock Market Crash of 1929.

Describe the position of Marcus Garvey and his role in the African-American community.

Identify the areas of cultural change observed during the 1920’s.

Describes the position of the U.S. Presidents toward business in the 1920’s.

Describe the impact farmers felt in the years following WWI.


Politics and politicians of the 1920 s

Politics and Politicians of the 1920’s

Harding

“while Washington could not tell a lie, Harding could not tell a liar”

Andrew Mellon-Treasury

Herbert Hoover-Commerce

Charles Evans Hughes-State

Albert Fall-Interior

Harry Daugherty-Attorney General

Improve laissez-faire by government support

Supreme Court-Harding picked 4

Adkins v. Children’s Hospital-reversed Muller v. Oregon


Cont d

Cont’d

Save the railroad for the country

railroads returned to private ownership

Unions

Railway Labor Board cut wages 12% in 1922

2 month strike

Injunction used to break strike

union membership declined through 1930

Veteran gains

Veterans Bureau, American Legions, paid-up insurance policy

Fordney-McCumberTarrif of 1922-38.5%

Duties on farm products

Europe responded with tariffs


Cont d1

Cont’d

Teapot Dome Scandal

naval oil reserves at Teapot Dome and Elk Hills

Albert Fall leased oil fields for a bribe

Harding died August 2, 1923

Coolidge takes over


Frustrated farmers

Frustrated Farmers

Prices declined as farming became more efficient

New technology allowed for more land to be cultivated

End of government guaranteed high prices

McNary-Haugen Bill

twice vetoed by Coolidge


Election of 1924

Election of 1924

Republicans nominate Calvin Coolidge

Democrats nominate John W. Davis

Progressive Party nominated Robert La Follette15,718,211 to 8,385,283

La Follette recorded 5 million votes

382 to 136 to 13


Homework

Homework

Read Chapter 32

Prepare for 5 question quiz on Thursday


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