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American Pageant Chapter 32
The Politics of Boom and Bust
14
History
11th Grade
03/28/2011

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Term
Warren G Harding
Definition
The 29th President, he promised a return of the nation to "normalcy" after WWI.
Term
"Adkins vs. Children's Hospital"
Definition
A Supreme Court opinion that federal minimum wage legislation for women was an unconstitutional infringement of liberty of contract.
Term
Esch-Cummins Transportation Act
Definition
A federal law that returned railroads to private operation after World War I, with much regulation.
Term
Merchant Marine Act of 1920
Definition
A federal statute that requires that all goods transported by water between U.S. ports be carried in U.S.-flag ships, to support the US maritime industry.
Term
Veterans' Bureau scandal
Definition
A scandal in which Charles R Forbes scammed the government for millions of dollars by defrauding wounded WWI veterans.
Term
Four-Power Treaty
Definition
A treaty signed by the US, GB, France and Japan on 13 December 1921 in which all parties agreed to maintain the status quo in the Pacific, by respecting the Pacific holdings of the other countries signing the agreement.
Term
Five-Power Naval Treaty of 1922
Definition
A treaty which limited the naval armaments of its five signatories: the US, GB, Japan, France and Italy.
Term
Nine-Power Treaty
Definition
A treaty affirming the sovereignty and territorial integrity of China as per the Open Door Policy.
Term
Kellogg-Briand Pact
Definition
A pact renounced aggressive war, prohibiting the use of war as "an instrument of national policy" except in matters of self-defense, signed by several major powers.
Term
Teapot Dome Scandal
Definition
A scandal in which Secretary of the Interior Albert B. Fall leased Navy petroleum reserves to private oil companies, without competitive bidding, at low rates.
Term
Calvin Coolidge
Definition
The 30th president, he restored public confidence in the White House after the scandals of his predecessor's administration, and left office with considerable popularity. He was a proponent of laissez-faire economics.
Term
Dawes Plan
Definition
An attempt following World War I for the Triple Entente to collect war reparations debt from Germany.
Term
Herbert Hoover
Definition
The 31st President who believed in the Efficiency Movement which advocated that government inefficiency could be solved by experts. He was President during the Stock Market Crash and the Great Depression, which led to his loss of the next election.
Term
Agricultural Marketing Act
Definition
Established the Federal Farm Board with a revolving fund of half a billion dollars. The original act was sponsored by Hoover in an attempt to stop the downward spiral of crop prices by seeking to buy, sell and store agricultural surpluses or by generously lending money to farm organizations.
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