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Atorney General under Harding. Participated in BRIBE involving GERMANY and a chemical company thing. |
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Hardings SEC of INTERIOIR. BRIBED by pivate interests for OIL... TEAPOT DOME SCANDAL. |
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Sec of COMMERCE. promoted ::Cooperative Individualism:: reduce costs, promote efficiency w/trade assosiations voluntarily help fed gov't |
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Sec of TREASURY. (( cheif architect of economic policy in U.S. of the 1920.)) Believed in SUPPLY-SIDE ECONOMICS (lower taxes and actually get more money when taxpayers invest more money, etc.) |
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Sec of STATE proposed 10 year ::MORATORIUM:: ((pause)) in construstion of major new warships |
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Harding's head of the Veteran's Bureau. SOLD SCARCE MEDICAL SUPPLIES for $200 mil to tax payers. |
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(R) VP under Harding; President. Boston PoPo strike. believed in BUSINESS LEADERSHIP: gov't interfere as little as possible.....Won reelection w/ over half pop vote and 382 electoral |
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instituted 2-week paid vacation |
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solo TRANSATLANTIC flight in 1927 |
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Forney-McCumber Act of 1922 |
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rised TARIFFS, provoked reaction in foreign markets against American agr. products |
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How much debt was owed to US by allies from WWI? |
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$10 BILLION for food and armaments |
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Americans wanted to be uninvolved w/Europe, but too involved internationally |
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American banks LOAN to GERMANY so pay reperations; FRANCE and BRIT accept less from Ger and pay more of US war debt |
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treaty to outlaw war ...ratified by 62 nations |
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each recognizes others' PACIFIC ISLAND holdings ...no way to enforce |
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10 year MORATORIUM on battleships ....just built smaller ships or subs |
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All observe CHINESE independence/OPEN-DOOR policy |
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