1920s politics, taxes, & foreign policy

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1920s Politics, Taxes, & Foreign Policy

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1920s Politics, Taxes, & Foreign Policy. USHC-5.5. Analyze the United States rejection of internationalism, including postwar disillusionment, the Senate’s refusal to ratify the Versailles Treaty, the election of 1920, and the role of the United States in international affairs in the 1920s. - PowerPoint PPT Presentation

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Page 1: 1920s Politics,  Taxes, &  Foreign Policy

1920sPolitics, Taxes, & Foreign Policy

Page 2: 1920s Politics,  Taxes, &  Foreign Policy

Analyze the United States rejection of internationalism, including postwar disillusionment, the Senate’s refusal to ratify the Versailles Treaty, the election of 1920, and the role of the United States in international affairs in the 1920s.

USHC-5.5

Page 3: 1920s Politics,  Taxes, &  Foreign Policy

1920 Presidential Election

1920

1924

Page 4: 1920s Politics,  Taxes, &  Foreign Policy

(R-OH)29th POTUS1921-1923

MORE INFO

Warren G.

Harding

Page 5: 1920s Politics,  Taxes, &  Foreign Policy

Front Porch Campaign

Page 6: 1920s Politics,  Taxes, &  Foreign Policy

Return to Normalcy

Page 7: 1920s Politics,  Taxes, &  Foreign Policy

Harding’s Cabinet

Page 8: 1920s Politics,  Taxes, &  Foreign Policy

The BadHarding’s Cabinet

The “Ohio Gang”

Page 10: 1920s Politics,  Taxes, &  Foreign Policy

Teapot Dome Scandal

Photo by Wvbailey

Oil companies bribed government officials for prime oil leases on government land.

Page 11: 1920s Politics,  Taxes, &  Foreign Policy

The “Fall Guy”Albert Fall, the Secretary of the Interior, served a short, stout sentence in prison for accepting bribes.

Page 12: 1920s Politics,  Taxes, &  Foreign Policy

The Good

HERBERT HOOVERSECRETARY OF COMMERCE

ANDREW MELLONSECRETARY OF THE TREASURY

Harding’s Cabinet

Page 13: 1920s Politics,  Taxes, &  Foreign Policy

Successful Businessm

an

TAX CUTTER

The GoodHarding’s Cabinet

ANDREW MELLONSECRETARY OF THE TREASURY

Page 14: 1920s Politics,  Taxes, &  Foreign Policy

War Debt

Photo by Andres Rueda

Page 15: 1920s Politics,  Taxes, &  Foreign Policy

Lower Taxes More

Revenue

It may not make sense to you, but...

Page 16: 1920s Politics,  Taxes, &  Foreign Policy

A Mellon Maxim

“The history of taxation shows that taxes which are inherently excessive are not paid.”

-- Andrew Mellon

Taxation: The People’s Business

Page 18: 1920s Politics,  Taxes, &  Foreign Policy

Photo by zoomar

MYTHAndrew Mellon “cut taxes for the rich” as Treasury Secretary.

Page 21: 1920s Politics,  Taxes, &  Foreign Policy

“It may be the pleasure and pride of an American to ask, what farmer, what mechanic, what laborer, ever sees a tax-gatherer of the United States?”

Page 22: 1920s Politics,  Taxes, &  Foreign Policy

Source: Cato Institute

Page 23: 1920s Politics,  Taxes, &  Foreign Policy

Source: Cato Institute

Page 24: 1920s Politics,  Taxes, &  Foreign Policy
Page 25: 1920s Politics,  Taxes, &  Foreign Policy

Calvin Coolidge

(R-VT)30th POTUS1923-1929

MORE INFO

Page 26: 1920s Politics,  Taxes, &  Foreign Policy

“The business of the American people is business…”

Page 27: 1920s Politics,  Taxes, &  Foreign Policy

“He who builds a factory builds a temple. He who works there worships there.”

Page 28: 1920s Politics,  Taxes, &  Foreign Policy

“Coolidge Prosperity”

Low Taxes

Balanced Budgets

Robust Economy

Page 29: 1920s Politics,  Taxes, &  Foreign Policy

“Silent Cal”"Mr. Coolidge, I've made a bet against a fellow who said it was impossible to get more than two words out of you."

Page 30: 1920s Politics,  Taxes, &  Foreign Policy

“You lose.”

Page 31: 1920s Politics,  Taxes, &  Foreign Policy
Page 32: 1920s Politics,  Taxes, &  Foreign Policy

1924 Presidential Election

1920

1924

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Page 34: 1920s Politics,  Taxes, &  Foreign Policy

1920sForeign Policy

Page 35: 1920s Politics,  Taxes, &  Foreign Policy

Americanism

Call it the selfishness of nationality if you will. I think it's an inspiration to patriotic devotion

to safeguard America first, to stabilize America first, to prosper America first, to think of America first...

Let the internationalist dream, and the Bolshevist destroy... we proclaim Americanism...

-- Warren G. Harding

Campaign Speech (1920)

Page 36: 1920s Politics,  Taxes, &  Foreign Policy

MYTH

U.S. foreign policy was isolationist during the 1920s.

Page 37: 1920s Politics,  Taxes, &  Foreign Policy

The Isolationism Myth

"What's interesting about our country, if you study history, is that there are some 'isms' that occasionally pop up. One is isolationism... So if you study the '20s, for example, there was an American-first policy that said, 'Who cares what happens in Europe?’”

-- George W. Bush

Page 38: 1920s Politics,  Taxes, &  Foreign Policy

Isolationism“It will be well not to be too much disturbed by the thought of either isolation or entanglement of pacifists and militarists. The physical configuration of the earth has separated us from all of the Old World, but the common brotherhood of man… has united us by inseparable bonds with all humanity.”

-- Calvin CoolidgeInaugural

Address (1925)

Page 39: 1920s Politics,  Taxes, &  Foreign Policy

America: World Leader

Washington Naval Conference

Dawes Plan

Kellogg-Briand Pact

Page 40: 1920s Politics,  Taxes, &  Foreign Policy

Naval Arms ControlAvoid Arms Race

Photo by PIXNOIZE

Washington Naval Conference

(1921)

Page 41: 1920s Politics,  Taxes, &  Foreign Policy

Washington Naval Conference

Nation

Capital Ships

Aircraft Carriers

Britain

5 5

U.S. 5 5

Japan 3 3

(1921)

RATIOS

Photo by PIXNOIZE

Page 42: 1920s Politics,  Taxes, &  Foreign Policy

The Strategy of Ratios

Page 43: 1920s Politics,  Taxes, &  Foreign Policy

U.S.S. South Carolina

DISMANTLED

(1924)

Page 44: 1920s Politics,  Taxes, &  Foreign Policy

Dawes Plan NOTE: This is different from the Dawes Act (1887)

Page 45: 1920s Politics,  Taxes, &  Foreign Policy

Dawes Plan

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Kellogg-Briand Pact

Renounced war as an “instrument of national policy”

(1929)