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Explore Warren G. Harding's administration post-WWI, including the Washington Naval Conference, Kellogg-Briand Pact, war debts, Fordney-McCumber Tariff, Dawes Plan, and the Teapot Dome Scandal. Learn about the Ohio Gang and Harding's sudden death in 1923.
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The Harding Presidency Chapter 20, Section 2
Warren G. Harding • Became president in 1921. • Promised to take America back to “normalcy” (time before the Progressive Era and the Great War)
Problems following WWI • After World War I, there were problems relating to: • Arms control • War debts • Reconstruction of war-torn nations
Washington Naval Conference • Harding invites several major powers to Washington Naval Conference in 1921. • Charles Evans Hughes (U.S. Sec. of State) urged no more warships be built for ten years. • 5 major powers – U.S.A., Great Britain, Japan, France, and Italy.
Kellogg-Briand Pact • Signed by 15 nations in 1928, it renounced war as a national policy. • No means of enforcement.
Repayment of war debt • Great Britain and France had trouble paying back $10 billion borrowed from U.S. during war.
Fordney-McCumber Tariff • Raised taxes on U.S. imports to 60% - highest ever. • Protected U.S. businesses, but G.B. and France couldn’t send goods to U.S.
Germany defaults on payments • Germany defaults on payments, and French troops move in. • To avoid war, U.S. banker Charles Dawes comes up with a plan (Dawes Plan) in which American investors loan Germany $2.5 billion to pay back Great Britain and France. • Those countries could then pay back U.S. • U.S. was being repaid with its own money.
Resentment • Great Britain and France consider U.S. a miser for not sharing cost of war. • U.S. considers G.B. and France financially irresponsible.
Harding’s Cabinet • Charles Evans Hughes – Sec. of State • Herbert Hoover (Foods Administration) – Sec. of Commerce • Andrew Mellon – Sec. of Treasury
The Ohio Gang • Harding rounded out his cabinet with the “Ohio gang” – his poker-playing cronies • Harding’s corrupt friends began to use their offices to become wealthy through graft. • Veterans Bureau • Office of Alien Property
Teapot Dome Scandal • Gov’t set aside oil-rich public land at Teapot Dome, WY and Elk Hills, CA • Sec. of Interior Albert Fall got them moved from Navy to Interior Dept. • He secretly leased the land to 2 private oil companies. • Claimed it was for gov’t’s interest, but he later received more than $400,000. • Found guilty of bribery.
Harding’s Sudden Death • Harding died suddenly on August 2, 1923 (probably from heart attack or stroke). • Vice-President Calving Coolidge assumes presidency and is elected to the office the following year.