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Great Depression DBQ Notes

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US History
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DBQ
Great Depression

Warren Harding/Calvin Coolidge Business Antitrust laws feebly enforced. Trade associations created (and encouraged) and used to agree on standardization of product, publicity campaigns, and united fronts against other businesses. Interstate Commerce Commission (ICC) came to be dominated by men who were sympathetic to the railroads. Esch-Cummins Transportation Act (1920) encouraged private consolidation of the railroads and guaranteed their profitability. Farmers Capper-Volstead Act (1921) exempted farmers' marketing cooperatives from antitrust prosecution. McNary-Haugen Bill (1924-1928) was proposed energetically, but vetoed twice by Calvin Coolidge. Would have authorized the government to buy up surpluses and sell them abroad, thus keeping prices high. Miscellaneous

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