The 20s: A Conservative Era

A Conservative and Republican Era

Warren G. Harding (1921-1923)Calvin Coolidge (1923-1929)Herbert Hoover (1929-1933)All three: pro-business and

isolationist in foreign affairs

Warren G. Harding

Relaxed and genial

Leadership style:Well-qualified

Cabinet members:

Conservative policies

Andrew Mellon, Secretary of Treasury

Harding’s bad choices

“This is a hell of a job! I have no trouble with my enemies… But my damned friends, they’re the ones that keep me walking the floor nights.”

“The Ohio Gang:” Attorney General Henry Daugherty, Albert Fall, Secretary of the Interior, Charles Forbes, Veterans Bureau

Harding suffers a heart attack in July, 1923 and dies on August 2

“The Ohio Gang”1924 Senate investigation reveals:Daugherty

Forbes

Teapot Dome

Secretary of the Interior Albert Fall secretly leased government oil reserves to two friends

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Calvin Coolidge

“Silent Cal” takes over after Harding’s death

“The chief business of America is business.”

Coolidge’s Policies

Fordney-McCumber and Smoot-Hawley Tariffs:

1924 Election

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Herbert Hoover Elected President in 1928

over Democrat Al Smith Engineer, head of Food

Administration, Secretary of Commerce; “The Great Engineer”

“We in America today are nearer to the final triumph over poverty than ever before in the history of any land.”

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Hoover’s Social Thought

The Associative State:”

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