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Chapter 32: Boom or Bust Politics

Mr. Cook's Notes
APUSH 2010-2011

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141760142Three Republican PresidentsHarding, Coolidge, Hoover (in the 20's)
141760143Warren G. Hardingaverage intelligence had a hard time detecting moral weaknesses in associates had a hard time saying "No" because he didn't like hurting anyone's feelings Weak administrator
141760144Charles Evans Hugheshead of naval arms limitation
141760145Andrew Mellonhead of taxes and tariffs
141760146Herbert Hooverhead of foreign trade and trade associations
141760147Albert Fallhead of naval oil reserves *most corrupt*
141760148Harry Daughertyhead of justice and law enforcement
141760149progressive legislationDuring the 20's the Supreme Court often ruled against this
141760150The American Legionsuccessfully lobbied Congress to give them a bonus insurance policy to compensate them for wages lost during the war
141760151Britain and UStwo countries that scramble to take oil out of the Middle East
141760152Kellogg-Briand Pact (1928)officially outlawed war as a solution to international rivalry and conflict
141760153Fordney-McCumberProtective tariff which was the highest at that time; encouraged consumers to buy American made products
141760154Hawley-Smoot Tariffcharged a high tax for imports thereby leading to less trade between America and foreign countries along with some economic retaliation; crushes international trade
141760155Teapot Dome scandalAlbert B. Fall convinces Harding to move the Teapot Dome (Wyoming) and Elk Hills (California) oil reserves to the department of the interior where it is then leased to oilmen Harry F. Sinclair and Edward L. Doheny
141760156Calvin Coolidge"Silent Cal" Takes over for Harding when he mysteriously dies
1417703631924 ElectionDemocratic party was split on many issues Republican "Silent Cal" wins the election
141770364European alliesargued that they should not have to repay their WWI debts because they had paid a much heavier price in lost lives so it was only fair for the US to absolve the debt
141770365Election of 1928Republican Herbert Hoover vs Democrat Alfred E. Smith; Hoover wins in a landslide bringing small-town values with a wide experience in corporate America
141770366Agricultural Marketing ActThis act lent money to farmers to help them organize producers' cooperatives
141770367Black TuesdayOctober 29, 1929; the day the stock market crashed. Lead to the Panic of 1929
141770368Douglas MacArthuris sent in to break up the Bonus army with bayonets and teargas
141770369Bonus ArmyMarches on DC; they wanted the bonuses they were guaranteed for WWI
141770370Japanesethey saw the Depression in the West and decided that it's the perfect time to seize Manchuria in China (1931)
1417703711932 ElectionRepublican Herbert Hoover vs Democrat Franklin D. Roosevelt

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