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The Republican Era: Harding and Coolidge's Impact on Business and Scandals (1921-1932)

From 1921 to 1932, the Republican leadership under Presidents Warren G. Harding and Calvin Coolidge emphasized a "return to normalcy" focused on business interests. Despite Harding's landslide victory in 1920, his presidency was marred by corruption, exemplified by the Teapot Dome scandal involving Secretary of the Interior Albert Fall. Following Harding's death in 1923, Coolidge continued supporting big business through low taxes and high tariffs, while neglecting public welfare programs. This era solidified the Republican Party's alignment with corporate America, setting the stage for future challenges.

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The Republican Era: Harding and Coolidge's Impact on Business and Scandals (1921-1932)

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  1. Republican Influence 1921- 1932

  2. Warren G. Harding

  3. Return to normalcy “Ohio Gang” & “Poker Cabinet” Won landslide victory in 1920

  4. Some friends in cabinet were corrupt & took advantage of their jobs One Example: Teapot Dome Scandal

  5. What?Leased gov’t oil fields to wealthy friends in exchange for bribes Where? Teapot Dome, Wyoming Who? Albert Fall: Sec. of the Interior

  6. Implies Republicans are to blame for the scandal

  7. Senate investigation Albert Fall Results?

  8. Harding became ill Dies of heart attack on 8/2/23 VP Calvin Coolidge succeeds Harding

  9. Calvin Coolidge

  10. Nickname: “Silent Cal” Dry personality but honest (dinner party?)

  11. The chief business of the American people is business. In favor of big business!!!

  12. Yes Sir, he’s my baby!

  13. The Cash Register Chorus

  14. Keep gov’t out of business Provide ways for business to expand Kept tariffs high & lowered taxes

  15. Refused to allow gov’t programs to help the public (MS flood)

  16. Harding & Coolidge helped business in 3 ways Business people in positions to regulate business 1. Often overlooked violations

  17. 2. 5 conservative SC justices who ruled against prog. legislation (child labor law)

  18. 3. Conservative cabinet members Harding’s Sec. of Treasury Andrew Mellon helped cut spending & reduce taxes on corporations & rich

  19. Herbert Hoover

  20. Blamed for GOP crash in popularity Sec. of Commerce under Harding

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