Chapter 27
Chapter 27: Republican Resurgence And Decline
Chapter Outline
I. The transformation of progressivism
- Wilson's progressive coalition had dissolved by 1920
- Disillusionment over World War I
- Organized labor unhappy over strikes of 1919-1920
- Farmers dissatisfied with wartime price controls
- Intellectuals disillusioned by prohibition and anti-evolution movements
- Many of progressivism's major goals had been reached
- Progressivist impulse transformed to move for good government and public services
II. Harding's administration
- The election of 1920
- Warren Harding won the Republican nomination after the convention deadlocked
- Promised a "Return to Normalcy".
- Old fashioned, folksy, insular, and somewhat reactionary.
- Influence of Florence, "The Duchess."
- James Cox won the Democratic nomination
- Nominated on 44th ballot by a fragmented party.
- Party nominated Franklin
- Roosevelt as vice president.
- Victory for Harding, with 60 percent of the popular vote
- First presidential election for women voters.
- Cox only won states within the Democratic South.
- Harding as president
- Appointments included good and bad choices
- Good
- Charles Evans Hughes-Secretary of State
- Herbert Hoover-Secretary of Commerce
- Andrew Mellon-Secretary of Treasury
- Henry Wallace-Secretary of Agriculture
- Bad
- "The Ohio Gang"
- Harding lacked self-confidence as president
- Supreme Court appointments
- Appointed four justices, all very conservative, to "reverse a few decisions" and roll back Progressivism.
- Struck down federal child labor laws.
- Moved to limit the power of unions.
- Limited federal regulation of business.
- Pro-Business Policies of Andrew Mellon
- Limited government spendin
- Established the General Accounting Office
- Tax reductions for the rich
- Resisted by western Republicans and southern Democrats.
- A higher tariff
- Fordney-McCumber Tariff of 1922
- Federal budget balanced
- Harding named conservative advocates of big business to head major regulatory agencies
- Harding's Progressive streak.
- Race
- Federal job opportunities for African Americans.
- Spoke against vigilante racism.
- Urged nation to deal with "Race question".
- Verbally attacked Ku Klux Klan.
- Supported anti-lynching legislation.
- Corruption in Harding's administration
- Scandals of the Ohio Gang
- Veterans Bureau
- Attorney General Harry Daugherty
- The Teapot Dome scandal
- Albert Fall of the Interior Department allowed private companies to exploit government-owned oil deposits
- Harding troubled by the scandals
- Harding's death spared him from public disgrace
- Recent assessments of Harding
- Nan Britton
- More active than once assume
- Supporter of diversity and civil rights.
III. The rise of Calvin Coolidge
- Became president at Harding's death
- Coolidge's character
- "Silent Cal"
- Inactive, provincial, simple, and business oriente
- Election of 1924
- Coolidge, who controlled the party machinery, won the Republican nomination
- John W. Davis named candidate of divided Democratic party
- Progressive, Farmer-Labor, and Socialist parties named Robert La Follette
- Landslide victory for Coolidge; La Follette polled largest vote ever for third-party candidate
IV. Republican prosperity in the 1920s
- Much of prosperity fueled by growth of consumer-goods industries
- Home appliances and comforts.
- Movies and radio.
- Telephones.
- Advances in transportation
- Airplanes
- Industry foundered after World War I
- Kelly Act of 1925
- Air Commerce Act of 1926
- Charles Lindbergh
- Amelia Earhart
- Automobiles
- Provided market for steel, glass, rubber, textiles, and oil.
- Salient example of mass production
- Henry Ford
- Democratization of the automobile
V. Coolidge's administration
- Economic stabilization
- Herbert Hoover (secretary of commerce) and "associationalism"
- Hoover's American Individualism (1922)
- Standardization in industry and business
- Promoted trade associations
- Supreme Court upheld trade associations
- Agricultural policies
- Agriculture still weak in the 1920s
- Commodity-marketing associations
- The American Farm Bureau Federation represented corporate attitudes of commercial farmers
- The Farm Bloc
- The McNary-Haugen bill
- Plan to dump surplus crops on world market to raise prices on home market
- Vetoed by Coolidge
- Labor policies
- Employers used various devices to keep out unions
- "American plan"-the open shop allowed employers not to hire unionists
- "Yellow-dog" contracts-workers forced to agree not to join union
- "Industrial democracy" and "welfare capitalism"-offered workers alternatives to unions
- Union membership declined in 1920s
- Gastonia strike of 1929
- Loray Mill, Gastonia, NC
- Governor dispatches National Guard
- Vigilante response
- Company victory.
VI. Hoover's administration
- Election of 1928
- Republicans nominated Herbert Hoover
- Engineer, public servant, esteemed bureaucrat.
- Democrats nominated Alfred Smith
- Catholic, rural, anti-prohibition.
- Similarities in Republican and Democratic platforms
- The images of the candidates
- Victory for Hoover
- Hoover as progressive and humanitarian
- For farmers, Hoover endorsed the Agricultural Marketing Act, which supported farm cooperatives
- Federal Farm Board
- Manipulated crop prices and larger market.
- The Hawley-Smoot Tariff raised duties to all-time high
- Crippled farm prices
- The economy out of control
- The Florida real-estate boom
- Increased speculation in the stock market
- The stock market peaked on September 3, 1929
VII. Hoover in the Depression
- The stock market had its worst day on October 29
- Hoover's first action was to express hope, though wages fell and unemployment rose
- Reasons for the crash
- Economic factors
- Governmental policies
- The gold standard
- The human toll of the Depression
- Hoover's attempts at recovery
- Asked businessmen to let profits suffer before purchasing power
- Increased opportunities for credit
- The "Hooverization" of America
- Hoover kept to his philosophy of voluntarism
- In elections of 1930 Republicans lost control of both houses of Congress
- More attempts at recovery
- The Reconstruction Finance Corporation, to keep financial institutions open
- Glass-Steagall Act increased loan opportunities
- Federal Home Loan Act provided financing for home mortgages
- The Emergency Relief and Construction Act provided funds for public works programs
VIII. Protests against Hoover's policies
- Farmers
- Legislative programs brought farmers little relief
- Farmers protested by striking and blocking delivery of produce
- Communists
- Some successes
- No significant increase in party membership
- Veterans
- Congress in 1924 had voted veterans' bonus payable in 1945
- The Bonus Expeditionary Force marched on Washington demanding immediate payment of the bonus
- Congress rejected their demands, but many veterans stayed in Washington
- Army used to evict veterans