Area One-Politics and Government-The Harding Scandals and the Bonus Bill veto The presidency of Harding was filled with continuous scandal. Many compare the Harding to Grant has both being postwar presidents marked by scandals and corruption. Having appointed several excellent officials, Harding also appointed a number of incompetent and dishonest men to fill important positions, including the Secretary of Interior, Albert B. Fall and Attorney General Harry M. Daugherty. The Secretary of Interior, Albert B. Fall, in 1921, secured the transfer of several naval oil reserves to his jurisdiction. In 1922, Fall secretly leased reserves at Teapot Dome in Wyoming to Harry F. Sinclair of Monmouth Oil and at Elk Hills in California to Edward Doheny of Pan-American Petroleum. A Senate investigation later revealed that Sinclair had given Fall $305,000 in cash and bonds and a herd of cattle, while Doheny had given him a $100,000 unsecured loans. Sinclair and Doheny were acquitted in 1927 of charges of defrauding the government, but in 1929 Fall was convicted, fined, and imprisoned for bribery. Another scandal involved Charles R. Forbes, appointed by Harding to head the new Veteran’s Bureau. He seemed energetic and efficient in operating the new hospitals and services for veterans. It was later estimated that he had stolen or squandered about $250 million in Bureau funds. Scandal also tainted Attorney General Daugherty who, through his intimate friend Jessie Smith, took bribes from bootleggers, income tax evaders, and others in return for protection from prosecution. When the scandal became to come to light, Smith committed suicide in Daugherty’s Washington apartment in May 1923. There was also evidence that Daugherty received money for using his influence in returning the American Metal Company, seized by the government during the war, to its German owners. Area Two-Economics-Prosperity and Innovation Though overall the economy was strong between 1922 and 1929, certain segments of the economy, especially agriculture, did not share in the nation’s general prosperity. Improved industrial efficiency, which resulted in lower prices for goods, was primarily responsible. Manufacturing output increased about 65%, and productivity, or output per hour increased by about 45%. The numbers of industrial workers actually decreased from 9 million to 8.8 million during the decade. The increased productivity resulted from improved machinery, which in turn came about for several reasons. Industry changed from steam to electric power, allowing the design of more intricate machines and replaced the work of human hands. By 1929, 70% of industrial power came from electricity.
However, the prosperity depended only on these few basic industries, thus, the lack of diversification in the American economy remained a great weakness, as it made the Great Depression inevitable. The expenditures on construction fell from $11 billion in 1926 to under $9 billion in 1929, and automobile sales fell by more than a third in the first nine months of 1929. Therefore, when these overinvested industries began to decline in the late 1920s, newer industries such as chemicals, electronics, petroleum, and plastic began to emerge to replace the automobile and the construction industries.
The late 19th century and early 20th century was the age of big businesses. It bore a class of entrepreneurs known as robber barons. These entrepreneurs carry a perception in the eyes of most historical commentators that they committed veiled larceny acts to enrich themselves to the detriment of the customers, often seeking the aid of politicians to support their crony capitalist endeavors. Such portrayal by the historians lives us with the picture of greedy and exploitative capitalists. However, there are cases where this ‘robber baron’ string of entrepreneurs did indeed exploit their customers financial gain. Jay Cooke, famously known as the ‘financier of the Civil War’, was an example of this string of entrepreneurs and their reaches within the United States government.
Individuals like Boss Tweed seized and controlled entire cities. William M. Tweed was a politician who controlled New York City's political network through illegal subsidization for political support and affiliation with city gangs. From his headquarters at Tammany Hall and his position in the United States House of Representatives, he was able to orchestrate elections, cultivate support, and establish the New York County Courthouse, funded by the profits of the Tweed Ring (“William Magear Tweed”) . His accomplishments were made possible by the chaotic shambling of desperate people who had no choice but to submit to his demands, in hopes of alleviating themselves from their dire circumstances. Tweed was only one of many corrupt political figures who used their power and influence to accumulate wealth, and vice versa.
Amazingly, it is not until President Nixon and his involvement in the Watergate scandal that the Teapot Dome scandal finally takes a backseat as being notoriously known for the biggest political scandal in U.S. history. This paper will illustrate how and why one man in the oil industry could so easily manipulate the presidential election of 1920 in order to set up important cabinet appointments that will enable him and a few others, to reap millions. In addition, there will be important points on a select few people and their contribution, not only to the Teapot Dome scandal, but also to the 1920 presidential nominee, Warren G. Harding. Not only did this scandal involve President Harding, but it also included Albert B. Fall, former Senator of New Mexico, Harry Daugherty, Jake Hamon of Oklahoma, along with Secretary of the Navy - Edwin Denby, the founder of Sinclair Oil – Harry Sinclair, and finally, oil tycoon Edward Doheny. This paper will also illustrate how President Harding was a “sitting duck” due to the greed and premeditated planning of just two men.
The Teapot Dome and Corruption by Albert B. The Teapot Dome scandal took place at a time when oil had only recently become the coveted mineral it is today. Taking place during a time when conservation efforts were on the rise, the scandal that would plague both the Harding and Coolidge administrations erupted and saw two cabinet members resign, one be sentenced to prison time, and damage the trust the public had in the government. Teapot Dome centered around three major oil reserves, all of which were in the government's control, and two of which that were in the hands of the navy for national security purposes. Albert B. Fall, the secretary of interior, Edward Doheny, and Harry Sinclair were the major players in this scandal, along with Thomas J. Walsh, a senator from Montana who was neither conservationist nor interested in oil, and Edwin Denby Harding’s Secretary of Navy. The corruption took place under Harding’s administration, though he died before he could suffer the windfall or be implicated in any way.
The 1920s was a time of conservatism and it was a time of great social change. From the world of fashion to the world of politics, forces clashed to produce the most explosive decade of the century. It was the age of prohibition, it was the age of prosperity, and it was the age of downfall.
Freedom has been discussed and debated for a while now and yet no one can completely agree that it exists. Since the Civil, War America has been conditioned to be divided politically. The conflict over the meaning of freedom continues to exist from the civil war, throughout the sixties and in the present. The Civil War was fought over the question of what freedom means in America. The issue was in the open for all to see: slavery. Human slavery was the shameless face of the idea of freedom. The cultural war in the sixties was once more about the question of what freedom is and what it means to Americans. No slaves. Instead, in the sixties and seventies four main issues dominated the struggle for racial equality: opposition to discriminatory immigration controls; the fight against racist attacks; the struggle for equality in the workplace; and, most explosively, the issue of police brutality. For more than two centuries, Americans demanded successive expansions of freedom; progressive freedom. Americans wanted freedom that grants expansions of voting rights, civil rights, education, public health, scientific knowledge and protections from fear.
The wall street crash was bad for every one in America at the time and
know what they was crying for. One day this is going to be a pitiful
Following the years of Congressional Reconstruction during the Johnson administration, former Union General Ulysses S. Grant was elected president, despite his lack of political experience. Although Grant was an excellent soldier, he proved to be an insufficient politician, failing to respond effectively to rampant corruption throughout his two terms in office. Both government and businesses were plagued by corrupt schemes, as Republican leaders used the spoils system to gain political favors and “robber barons,” such as Jay Gould and James Fisk, stole large sums of money at the public’s expense. New York Mayor William “Boss” Tweed, leader of the “Tammany Hall” political machine, took advantage of the influx of immigrants to the United States by manipulating newly arrived immigrants, promising employment, housing, and other favors in return for their electoral support. This blatant corruption severely damaged the opinions of many Americans regarding their government, and prompted the election of numerous reform-minded politicians. Rutherford B. Hayes and James Garfield both attempted to restore honest government following the tainted Grant administration, yet political divisions between the “Halfbreed” and “Stalwart” factions of the Republican Party prev...
In the real world, life has its ups and downs. In the 1920's, corporations started to take better care of their workers than they had in the past. Workers were paid higher wages and worked shorter hours. With more time and money on their hands, workers turned into consumers, which caused an increase in the production of consumer goods. One of the most popular consumer goods was the automobile. To keep up with the high demand, the automobile industry had to create a way to make a lot of cars in a short amount of time, at a low price. The solution was the assembly line. With the assembly line the time to create one car dropped from 12 hours to 90 minutes. The price of the automobile fell greatly also, which further increased the demand. The automobile industry inspired other industries to form, such as the steel, rubber, petroleum, machine tools, and road building industries. But life wasn't just peaches and cream in the 1920's. Immigrants and farmers were facing some serious adversity. After World War I, the United States began to put a cap, or put a quota, on how many immigrants could come into the country.
in 1908 but by 1925 Model T car cost only $290. By the end of the
The Jazz Age which is also referred to as the Roaring Twenties began after World War I took place and lasted until 1929, when the Great Depression began. The 1920s opened up a world of change to Americans; some did not approve and others, especially those in the big cities, celebrated with music and dance every day. There were numerous inventions that were being created throughout the 1920s and because of nationwide advertisement; people all over America were able to buy all the same stuff as one another. But unfortunately, times were different for those that lived in Colorado.
...ductivity shaped the development of the American economy in the 1920s. The nation’s industries shifted from coal to electricity. Mass production, electrification, and other innovations increased American productivity and established industries flourished while new industries developed. One of the most signigicant inventions during this time was the assembly line. This made hard work become less tedious and forever changed the lives of factory workers.
The industrial revolution began in Europe in the 18th century. The revolution prompted significant changes, such as technological improvements in global trade, which led to a sustained increase in development between the 18th and 19th century. These improvements included mastering the art of harnessing energy from abundant carbon-based natural resources such as coal. The revolution was economically motivated and gave rise to innovations in the manufacturing industry that permanently transformed human life. It altered perceptions of productivity and understandings of mass production which allowed specialization and provided industries with economies of scale. The iron industry in particular became a major source of economic growth for the United States during this period, providing much needed employment, which allowed an abundant population of white people as well as minorities to contribute and benefit from the flourishing economy. Steel production boomed in the U.S. in the mid 1900s. The U.S. became a global economic giant due to the size of its steel industry, taking advantage of earlier innovations such as the steam engine and the locomotive railroad. The U.S. was responsible for 65 percent of steel production worldwide by the end of the 2nd World War (Reutter 1). In Sparrows Point: Making Steel: the Rise and Ruin of American Industrial Might, Mark Reutter reports that “Four out of every five manufacturing items contained steel and 40 percent of all wage earners owed their livelihood directly or indirectly to the industry.” This steel industry was the central employer during this era.