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Policies of the republican presidents of the 1920's. - Warren G. Harding  

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Harding came into power in 1921, and started ordering his policies. He called for retrenchment in government, lowering of taxes and repeal of the wartime excess profit tax. Also reduction of railroad rates and the promotion of agricultural interests, a national budget system, a great merchant marine, and a department of public welfare. He was reluctant to assert the power of his office and did not get many corporations from Congress. His most permanent domestic accomplishment (in the house) was the development of the Bureau of the Budget. Harding gave praise for the Fordney-McCumber tariff act of 1922. This was a tariff that raised rates on manufactured goods to their highest level to that date. He reversed Wilson's practise of excluding from federal posts, and in Birmingham, ALA. In a speech of extraordinary boldness, he called for political, economic, and educational equality for the races. While he was in power...

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