This led to movements glorifying black racial

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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 allowed. *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.

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