20.2 The Republicans in Power

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20.2 The Republicans in Power

• Explain the impact of the Republican presidents
  Harding, Coolidge and Hoover

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Bellringer

• What is the Republican stance on government
  involvement in the economy?

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Copy HW

• Read and outline p.634-639
• Questions
• What were the effects of the Republican
  presidents of the 1920s?
• How did labor movements fair in the 1920s?
• What role did the government play in the economy
  during WWI?
• Give an example of an annexation of a territory
  by the US.

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Compare and Share HW

• Read and outline p. 628-633

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Intro

• Review - Why had Wilson been elected to the
  Presidency?
• What happened in the election of 1919?

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Watch Movie

• Questions
• What were the Republican Presidents of the 1920s
  stance on the gov. involvement in the economy?
• What were the scandals of Hardings
  administration?
• What were the impacts of the policys of these
  Presidents on history?

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21.2

• Economic Policy- Harding
• Probusiness, anti-labor, tax revision, higher
  tariffs
• Less Government in business and more business in
  government.
• Trickle down theory tax cuts for wealthy

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Eco. Policy -Coolidge

• Took over after Hardings death and won
  re-election in 1924
• More Pro-business than Harding
• Favored aid to business but opposed it to farmers
  and workers
• Trickle Down Theory
• Vetoed Veterans Bonus Bill and surplus purchase
  of farm goods

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Herbert Hoover

• Won 1928 election against Al Smith (governor of
  NY) who was Catholic, opposed Prohibition, ties
  to Tamanny Hall
• Pro-business
• Trickle Down Theory

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Harding Scandals

• Ohio Gang Hardings friends
• Forbes Scandal Veterans Bureau
• Teapot Dome Scandal Sec. of Interior Albert
  Fall took bribes for the federal oil reserve from
  private companies

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I have no trouble with my enemies. I can take
care of my enemies all right. Its my friends
that keep me walking the floor at night.
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Republican Impact on the Economy

• Tax cuts for wealthy spawned industrial growth
• Mergers encouraged and antitrust laws ignored
  efficient factories
• Workers did not share the wealth- returned to
  prewar conditions
• Organized labor suffered less power gov.
  sided with business- yellow dog contracts and
  open shops

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Closure

• What were the negative impacts of the Republican
  presidents?