By: Isabel, Eleazar, Giuseppina, and Alexxa

First Thing’s First

Mass CorruptionThose decades where the

government truly tried to reform wages, hours and sanitation are now almost entirely gone

Corruption during this period was an all time high

There was a newfound partnership between government and business

The Good, the Bad and the Ugly of President Warren Harding (1921-1923)

Good Bad Pardoned Eugene

DebsChanged working

hours of Carnegie steel factory workers from 12 hours down to the desired 8.

Slowed down the Arms Race.

Appointed sleazy and corrupt officials

Scandals in the Justice Department and Veterans Bureau

Oil Scandal

UGLY!

“Silent Cal” (1923-1929)Calvin Coolidge became

president after Harding’s stroke. Known as “Silent Cal” because

during some of his interviews his answers never went farther than two words. At the end of his presidency, instead of an 800 page essay as Washington wrote, Coolidge simply said, “good bye” to the American people.

Was Coolidge…Cool?Coolidge slept 10 hours a night

and had 1-2 naps a day. He seldom worked more than 4 hours a day.

He was a firm believer in Laissez Faire capitalism. Business would prosper if they government kept their hands off.

Notable Acts of His PresidencyVetoes of bills to assist farmers in

developing government power plants along the Tennessee River.

The Kellogg-Briand Pact, an international agreement outlawing the use of force to settle disputes. This was meant to end all future wars.

OTHER ACTS PASSED DURING THE 1920s

Prohibition passed in the 1920's and lasted until 1933. This prohibited the consumption and selling of alcoholic beverages.

The Emergency Quota Act of 1921 passed due to the Red Scare This reduced the amount of immigrants that were allowed to come to America by 3%.

The Immigration Law of 1924 was also passed due to the Red Scare. It reduced the amount of immigration to America by an extra 5%, making it an overall reduction of 8%

The Fordney-McCumber Tarriff passed, which raised taxes on all imported goods from 28% to 38.5%. This caused European stock investors to drop $16.4 million dollars worth of stocks in ONE DAY. In the end, European investors dropped $40 billion worth of stock overall. This directly lead to the Great Depression.

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