The Three-Way Race for the White House in 1924
52. The Democrats were divided into the "wets" and "drys", urbanites and farmers, Fundamentalists and Modernists, Northern liberals and Southern stand-patters, and immigrants and old-stock.
53. The conventioneers, by just one vote, failed to pass a resolution condemning the Ku Klux Klan.
54. After being put to the vote 102 times, John W. Davis was the Democratic candidate, and he was really no different from Coolidge.
55. Liberal candidate Senator La Follette from Wisconsin emerged at the head of the Progressive party. This presidential ticket was a "head without a body" because there were no candidates for local office. It's platform was supporting of government ownership of railroads and relief for farmers, it was against monopoly and antilabor injunctions, also urged a constitutional amendment to limit the Supreme Court's power to invalidate laws passed by Congress
56. Coolidge won the election.
Foreign-Policy Flounderings
57. The "glaring exception" to U.S. isolationism in the ear was the armed interventionism in the Caribbean and Central America.
58. During 1914 to 1934 American troops remained in Haiti and from 1907 - 1933 in Nicaragua.
59. Coolidge avoided in 1962 a Mexican Oil crisis with skillful diplomatic negotiating, yet Americans weren't liked in Mexico and elsewhere throughout Latin America
60. The issue of international debt (which overshadowed all other foreign policy issues of the era) was a complicated tangle of private loans, Allied war debts, and German reparations payments.
61. WWI resulted in a change to America's status in the world because before it had been a debtor nation but after the war it became a creditor nation.
62. The allies wanted the U.S. to write off as war costs the $10 billion it was "owed" due to wartime "loans," aside from the "wall of flesh and bone" the allies (unlike the U.S.) had contributed to the war effort the allies also said the real effect of their money had been to fuel the boom in the roaring wartime economy of America where purchases had been made, also America post war tariff walls made it almost impossible for them to sell the goods to earn the dollars to pay their debts.
Now to Victoria . . .
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