Chapter 32 - The Politics of Boom and Bust, 1920-1932 Flashcards
Warren Harding
Inaugurated in 1921, a charming president that was unable to detect the corruption in his own cabinet members. He also hated to hurt others which meant he was open to hearing other ideas from other people.
Ohio Gang
The people that used Harding to help themselves become some of the richest and powerful people in the nation through major corruption.
Railway Labor Board
This was a group of 9 men that were supposed to spread equal wages amongst the employees they had working for them. It was not successful.
American Legion
Was created by veterans in order to help new veterans transition to civilian life.
Adjusted Compensation Act
This gave a bonus to those Veterans that fought in World War I.
Unofficial Observers
They were people who were not delegates and watched the proceedings of the League of Nations
Charles Evans Hughes
He was the Secretary of State that got the rights to buy oil in the Middle East.
Five-Power Naval Treaty
Made England, US, and Japan saying that they would stop making ships after ten years.
Four-Power Treaty
Made by England, US, Japan, and France that bound them to perserve the status inside the Pacific.
Nine-Power Treaty
Confirmed the open door policy in China.
Kellogg-Briand Pact
62 nations confirmed that they would not fight each other.
Fordney-McCumber Tariff Law
It increased the tax from its predicitors but gave the president the ablility to change the tax.
Charles R. Forbes
an appointee of president harding, he was caught stealing about 200 million dollars from the government. He was sentenced to two years in prison.
Albert B. Fall
Secretary of the interior during harding’s presidency. He transferred funds valuable properties to the interior department. He was caught leasing private lands to oil companies, and taking a bribe of 100,000.
Teapot Dome
the crooked transaction between Albert B. Fall and private oil companies. It polluted the prestige of the washington government.
Harry M. Daugherty
An attorney during harding’s presidency. He was caught selling pardons and liquor permits.
Calvin Coolidge
vice president of Harding, who took office after harding passed. He embodied new england virtue of honesty, morality, industry, and frugality.
Robert La Follette
a senator who ran for president in 1924. He was a liberal, and sixty nine years of age.
Dawes Plan
a plan where the US opened private funds to germany, then germany paid its debts to france and britain, and finally france and britain paid back the US of their war debts.
Al Smith
democrat nominee in the 1928 election. Was one of the most colorful personalities in american politics.
“Rum, Romanism, and Ruin”
quote used to explain what would come if Al smith became president.
Farm Board
an organization that had half a billion dollars at its disposal. Money was sent by farmers. Irganizations looked to buy, sell , store agricultural surpluses.
Hawley-Smoot Tariff
a tariff that raised prices of about 20,000 goods.
Black Tuesday
tension exlpoded on this day when 16,410,030 stocks were sold in a save-who-may scramble.
“Brother Can You Spare a Dime?”
a quote from a song that was popular during the great depression.
Hoover Blankets
newspapers used during the Great Depression
Hoovervilles
shanty town built by homeless people during the Great Depression
Rugged Individualism
Phrase used by Herbert Hoover that refers to the idea that each individual should be able to help themselves out, and that the government does not need to involve itself in people’s economic lives nor in national economics in general. Associated with Social Darwinism.
The Great Humanitarian
Nickname for Herbert Hoover in reference to his role in leading movements to help feed the world during WWI and to feed Russia during they famine in 1921.
Muscle Shoals Bill
designed to build a dam on the Tennessee River
Reconstruction Finance Corporation
provided financial support to state and local governments and made loans to banks, railroads, mortgage associations, and other businesses.
Pump-Priming
One of Herbert Hoover’s first actions to combat the Great Depression. He gave money to banks and businesses in order to get some money into the marketplace. It was seen as the necessary first step to fix the problems of the economy. It angered many, because it did not attempt to deal with the hunger/homelessness problem.
Yellow Dog Contracts
agreement between an employer and an employee in which the employee agrees, as a condition of employment, not to be a member of a labor union.
Douglas MacArthur
American general and field marshal in the Philippines during WWII.
Manchuria
region of northeastern China invaded by Japan. Was considered by many to be the first act of aggression in WWII.
Stimson Doctrine
American policy to Japan and China, of non-recognition of international territorial changes that were executed by force.
