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With lower tariffs, government needed a new way to gain reveune. The 16th admendment called for income tax.
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Wilson reintroduced the State of the Union speech, which had not been use since 1801.
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Germany resumed unrestricted submarine warfare and Wilson asked Congress to declare war. Wilson's motto for the war was "make the world safe for democracy."
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19th admendment passed in congress granting all american women the right to vote.
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Harding called 5 major naval powers to the conference to discuss limiting naval building. All countries that attended agreed and the agreement lasted a decade.
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Raised taxes on U.S. imports to about 60%, the highest level it had ever been. Used to protect U.S. buisnesses against foreign competiton.
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Albert B. Fall managed to get oil reserves transferred from the navy to the Interior Department and leased the land of two oil companies. He suddenly recieved $400,000 and was found guilty of bribery.
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Harding suddenly dies in office most likely from a stroke or heart attack. Calvin Coolidge takes office in his place.
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It granted additional pay to veterans who served in the military during WW1. Coolidge vetoed it but congress reversed the veto and had it passed.
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Lowered income tax rates and eliminated all income tax for almost 2 million people. By 1927, only the richest 2% of tax payers payed any federal in come tax.
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Most destructive flood in the history of the U.S. It covered 27,000 sq. miles and rose to a depth of 30 feet. Coolidge was criticized for not visiting the flood sights and did not want to spend U.S money for flood control.
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International pact between Germany, France and the U.S. that promise not to use war to resolve deputes. It called for peaceful settlements of disputes.
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An Act to estavblish a federal farm boared to promote selling of agricultural commodities through interstate and foreign commerce.
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Most devestating stock market crash in the history of the U.S. It's what began the beginning of the Great Depression.
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It raised U.S. tariffs over 20,000 imported goods. It was the highest raise in the U.S in over 100 years.
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Concrete dam along the colorodo river between Arozonia and Nevada. It was named after President Hoover.
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By the evening of FDR's inauguration, 32 out of the 48 states had closed thier banks. The New York federal reserve bank was unable to open on the the 5th.
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A federsl law that reduced agricultral production by paying farmers not to plant on part of their land and to kill off excess livestock. Reasoning was to reduce crop surplus which would raise the price of crops.
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It was an act to provide for the safer and better use of assets of banks. It regulated interbank control.
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It empoloyed millions of mostly unskilled men to do public works projects. It's a part of FDR's New Deal.
