President Harding and Coolidge

1. Unit 1- The 1920’s

2.  I. President Warren G. Harding (1920-23)
 A. Sen(R) from Ohio
 B. Kellogg Briand Pact- signed by many
countries, war is no longer a legal option

3.  C. UK and France owe US $10B from WWI
 1. They turn to Germany for money, they
are broke
 2. French troops move into Germany
 3. Harding loans Germany money to avoid
war

4.  D. Harding Scandals
 1. Ohio Gang- Poker buddies are his cabinet
 “Teapot Dome”- They sold gov’t property to
companies and kept the money
 They accepted bribes
 Harding dies suddenly in 1923

5.  II. President Calvin Coolidge (1923-28)
 A. Gov(R)of MA
 B. Wanted to keep gov’t out of the economy
 “The chief business of the American people is
business”

6.  C. Impact of the automobile
 Rt. 66 is built- Chicago to CA
 1. Gas stations, motels, repair shops, shopping
centers
 2. Urban sprawl- cities grew as people
commuted
 C. People began to travel for vacation

7.  D. Other industries
 1. Airplanes- First used by the USPS, Pan-Am
started passenger flights
 2. Installment plan- buying goods on credit