01:512:104 Lecture Notes - Lecture 26: Reciprocal Tariff Act, Cordell Hull, Economic Nationalism
13 May 2018
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Chapter 26 - Peaceseekers and Warmakers: Americans in
the World, 1920-1941
I. Introduction
After World War I America assumed an independent position in the world, and
most people considered themselves isolationists.
II. Searching for Peace and Order in the 1920s
A. Peace Groups
Several peace organizations began working after World War I to ensure
international stability.
B. Washington Conference on the Limitations of Armaments
Nine countries met in Washington, D.C., in 1921?1922, and set arms limits in
a rare example of disarmament.
C. Kellogg?Briand Pact
The Kellogg?Briand Pact of 1928 renounced war. The accord had no
provisions for enforcement, making it more a statement of moral preference
than a diplomatic policy.
III. The World Economy, Cultural Expansion, and the Great Depression
A. U.S. Trade and Investment
The United States underwent great economic expansion that lasted through
the 1920s.
B. Cultural Expansion
American culture, aided by mass production, began to influence the world.
C. War Debts and German Reparations
Many European nations wanted America to cancel the tremendous war debts
they owed the United States, but American leaders insisted on payment.
When Germany defaulted on reparations, American investors offered loans to
Germany to meet its obligation.
D. Tariffs and Economic Nationalism
By the 1930s the international economy faced collapse, economic nationalism
manifested itself through tariff wars.
E. Reciprocal Trade Agreements Act
At the urging of Cordell Hull, Congress passed the Reciprocal Trade
Agreements Act to stimulate trade.
IV. United States Hegemony in Latin America
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Document Summary
Chapter 26 - peaceseekers and warmakers: americans in the world, 1920-1941: introduction. After world war i america assumed an independent position in the world, and most people considered themselves isolationists. Searching for peace and order in the 1920s: peace groups. Several peace organizations began working after world war i to ensure international stability: washington conference on the limitations of armaments. Nine countries met in washington, d. c. , in 1921?1922, and set arms limits in a rare example of disarmament: kellogg?briand pact. The accord had no provisions for enforcement, making it more a statement of moral preference than a diplomatic policy. The world economy, cultural expansion, and the great depression: u. s. trade and investment. The united states underwent great economic expansion that lasted through the 1920s: cultural expansion. American culture, aided by mass production, began to influence the world: war debts and german reparations.
