20.2 Flashcards
Warren G. Harding
elected President in 1920 very friendly and outgoing died of a heart attack on August 2
signed a bill raising the protective tariff and worked with Mellon to reduce government regulation of business
Andrew Mellon
appointed Secretary of the Treasury by Harding, he disliked the new income tax and favored low taxes on individuals and corporations and favored to cut the fat from the budget
Ohio gang
friends of Harding mostly greedy, small minded men who saw government service as a chance to get rich at the expense of the very citizens they were supposed to serve
Albert Fall
Secretary of the Interior
Teapot Dome Scandal
Harding turned over US oil reserves to Fall then secretly leased the oil reserves to friends of him in the oil business for “loans” which were really bribes and he kept the money.
Calvin Coolidge
Vice President that went into office after the death of Harding he was very quiet and honest
Believed that the creation of wealth benefitted the nation as a whole
Admired productive business men
Washington Naval Disarmament Conference
World leaders gathered in Washington D.C. and agreed to limit construction of large warships and hammered out a settlement on several problems between Japan and the West
Kellogg-Briand Pact
1928 Secretary of State Frank B. Kellogg and French Foreign Minister Aristide Briand drew up a treaty to “outlaw” war “as an instrument of national policy”
Dawes Plan
1924 arranged U.S. loans to Germany by enabling Germany to make reparation payments to Britain and France and helped Britain and France repay their debts to the U.S.