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Unformatted text preview: Antiunion groups ruled NOT to be in restraint of
trade. Regulations on child labor and a minimum
wage law for women were also overturned.
Corporate Consolidation – No regulation? Great!
Let’s make big mega companies!
Lobbying – There was also consolidation in
special interest groups – professional
associations and such – which resulted in the
“new lobbying” where organizations sent reps to
Washington to try to convince legislators to
support their cause(s).
Rampant Materialism – New products! Cars!
Radios! Advertising! More purchasing power for
the average individual due to technological
breakthroughs! The new products even benefited
the lower classes, as cities were electrified, indoor
plumbing spread, and mass produced clothing
and food became more affordable.
Hard Times For Labor – In addition to the SC
rulings, public opinion turned against strikers,
corporations caught onto “welfare capitalism”
193 [pensions, profit sharing, company events], and
legislators ruled that open shops [which
discriminated against union members] were
*The Presidents and Political Trends*
- Basically, the 1920s Presidents were all pro-business
Republicans. More specifically, they were as follows: Warren G. Harding (1920 – 1923) Harding
was elected in 1920 on the slogan of “A Return to
Normalcy” or something like that. His
administration favored laissez-faire business and
also streamlined federal spending [Budget and
Accounting Act] and assisted farms through
liberalizing credit. The main problem w/Harding
was corruption, culminating in the 1923 Teapot
Dome scandal, which revealed that the Secretary
of Interior had accepted bribes to give gov’t
property to oil companies. Harding died in office in
1923. Calvin Coolidge (1923 – 1924, 1924 – 1928) “Silent Cal” took over after Harding died and was
then reelected in 1924 by running on “Coolidge
prosperity.” Overall, Coolidge and co. didn’t do
diddly squat while in power, other than reduce
debt, cut taxes, build ro...
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This note was uploaded on 04/02/2014 for the course APUSH AP United taught by Professor Orban during the Fall '10 term at Harrison High School, Harrison.
- Fall '10