Unit 5 The Harding Presidency President Warren G
- Slides: 14
Unit 5 - The Harding Presidency
• President Warren G. Harding (1921 – 1923) - Republican – Promoted a return to “normalcy” – Considered one of the least effective presidents
Harding Struggles for Peace • Washington Naval Conference – Involved the five major naval powers • • • US Great Britain Japan France Italy – Agreed to limit the sizes of their navies • Limit construction of new warships • Scrap some existing ships
Harding Struggles for Peace • Fordney-Mc. Cumber Tariff – Raised taxes on imports to 60% - highest ever – Protected American businesses – Increased isolationism – Made it impossible for France and Britain to repay US war debts
Harding Struggles for Peace • Dawes Plan – Britain and France needed German reparations to repay US war debts – Germany could not pay – France invaded part of Germany – Dawes Plan • • American investors loaned money to Germany can pay reparations to France and Britain can repay US loans US is being repaid with its own money – Anger at US • US not paying its fair share • US profiting from war and war debts
Charles Dawes Nobel Peace Prize
• How does this benefit the United States?
Scandal in Harding’s Administration • “I have no trouble with my enemies…But my friends, they’re the ones that keep me walking the floors nights. ”
Scandal in Harding’s Administration • The Ohio Gang – Cabinet consisting of Harding’s Friends – Corrupt friends used positions to make money – Scandals would cause embarrassment
Scandal in Harding’s Administration • Teapot Dome Scandal – Oil-rich land set aside for use by US Navy • Teapot Dome, Wyoming • Elk Hills, California – Albert Fall • • • Sec. of Interior Got Land transferred from Navy to Interior Dept. Fall secretly leased the land to two private oil companies Fall received over $400, 000 in cash, loans, and bonds Convicted of felony while in Cabinet
• Harding’s Death – Harding died suddenly on Aug. 2, 1923 • Heart Attack – Calvin Coolidge (Republican) becomes president
- Chapter 12 section 2 the harding presidency
- Ch 12 section 2 the harding presidency
- Chapter 20 politics of the roaring twenties
- Warren harding error
- President vice president treasurer secretary
- Egerton v harding
- Quantum meruit example
- Harding made several distinguished appointments to his
- Santo stefano harding
- Accommodation near harding university
- Blane harding
- Isomorphism svenska
- Chris harding simulations
- Damian harding
- Paula harding