HIST 1302 CH 26

The Ohio gang exploited government for their own personal benefit. True
The Fordney-McCumber Tariff of 1922 lowered rates on agricultural products. False
A great concern to the United States and Britain was the rise of China as a militaristic power. False
In 1927, delegates of five nations met and signed a treaty limiting the size of their navies. False
The Teapot Dome scandal was the major issue in the 1924 election. False
Andrew W. Mellon said, “The chief business of the American people is business.” False
During the 1920s, farming became a cooperative business but most farmers struggled to survive. True
The Kellogg-Briand Pact of 1928 declared that the United States would finally join the League of Nations. False
A major challenge to European countries was repaying their war debts to the United States. True
Labor unions experienced phenomenal growth in the twenties. False
The Catholic, “wet” candidate for president in 1928 was Alfred E. Smith, a Democrat. True
Buying stocks on margin helped restrain speculation in the stock market. False
The stock market crash caused the Great Depression. False
In the spring of 1932, the Bonus Expeditionary Force sought to block payment of bonuses to Wall Street tycoons. False
The Reconstruction Finance Corporation assisted farmers, homeowners, and labor unions. False
During the 1920s, progressive reformers remained active in the Senate.
In the 1920s, progressivism remained strong in Congress.
The Harding administration tried to overturn progressive reforms by all of the above
The chief justice of the Supreme Court appointed by President Harding was William Howard Taft.
The many scandals in Harding’s administration touched all of the following except the Bonus Army.
Harding was more progressive than Wilson in matters dealing with race.
Secretary of the Treasury Andrew Mellon cut taxes on the wealthy.
“I have no trouble with my enemies, I can take care of my enemies all right. But my damn friends . . . They’re the ones that keep me walking the floor nights!” said Warren G. Harding.
As secretary of commerce, Herbert Hoover promoted new markets for business.
McNary-Haugenism sought to solve the problems of agriculture by dumping surpluses on the world market.
One segment of the economy that never recovered after the Great War was agriculture.
A precursor of the stock market crash occurred in the speculative mania of the mid-1920s in Florida.
The Hawley-Smoot Tariff of 1930 raised rates to all-time highs.
One result of the Bonus Expeditionary Force’s march to Washington was a violent clash between the army and unarmed veterans of the Great War.
By the end of 1931, unemployment rose to 25 percent.

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