Conservatism in the United States

The Rise of Contemporary Conservatism in the United States

Conservatism's laissez-faire capitalism was reminiscent of the Gilded Age, a period of huge economic growth in the late nineteenth century. In a similar way to then, conservative policies in the 1920s benefited big businesses and helped to reduce government debt, leading to an economic boom.

Why was conservatism popular in the 1920s?

The Republican President Warren Harding campaigned for ‘a return to normalcy’, which Americans were ready for after the First World War and the government policies of the Progressive Era.

By the end of the war, however, the American public no longer favoured this approach. Instead, they wanted to focus on their businesses and reduce the government's involvement.

Conservative Politics

There were three Presidents who implemented the conservative policies of the 1920s: Warren Harding, Calvin Coolidge, and Herbert Hoover.

Warren Harding

Warren Harding (1921 - 1923) was tasked with reducing government spending, which had increased tenfold between 1910–20. He relied heavily upon his advisors, most notably appointing pro-business multimillionaire Andrew Mellon as Secretary of the Treasury. Mellon would remain in this post for both other presidents of the 1920s, reducing the national debt by nearly $10 billion between 1919–29.

Fig. 1 - Warren Harding

Some notable actions of the Harding administration include the Budget and Accounting Act of 1921. This gave him more control over the nation's budget by forcing other government departments to have presidential approval for their budgets. Harding also introduced the Fordney-McCumber Tariff in 1922, which imposed a tax on foreign goods, encouraging Americans to buy goods produced in America.

Government expenditure fell by over $1 billion in the first year of administration, which meant that taxes could be reduced. Although the tariff promoted American businesses, it was detrimental for farmers as they had to pay more for machinery, and it made it difficult for Europeans to repay their debts to the US.

Calvin Coolidge

Calvin Coolidge took over after Harding died in 1923 and remained in office until 1928. The election of 1924 has been said to be the high point of conservatism in the United States, as both the Republican and Democratic candidates campaigned on conservative principles.

Coolidge famously said that ‘the chief business of the American people is business,’ which became the dominant attitude of the time. His policies epitomised laissez-faire, and by the end of his time in office, unemployment had reduced, government debt had shrunk by $5 billion, and the stock market was at a high point.

Fig. 2 - Calvin Coolidge

Despite his laissez-faire policies and his support of conservatism, Coolidge held some progressive social beliefs. For instance, he supported women's suffrage, signed a law that gave Native Americans citizenship rights, and pushed against lynching and the Ku Klux Klan, a white supremacist terrorist group. However, he signed the 1924 Immigration Act, which restricted immigration from parts of Europe and Asia.

A key piece of foreign policy introduced by Coolidge was the Dawes Plan, which provided long-term loans to Germany as they were struggling to pay their war reparations to Britain and France. With Germany able to pay with American aid, Britain and France paid back their war debt to the US.

Herbert Hoover

Herbert Hoover was the final President of the 1920s conservative era, holding office from 1929 to 1933. He held similar views to Harding and Coolidge but further emphasised individualism. He believed that people should solve their own problems by working harder and without government assistance.

Fig. 3 - Herbert Hoover

He introduced the 1931 Hawley-Smoot tariff, which raised tariffs on foreign goods to an all-time high, in order to promote American businesses.

He expressed the concept of conservatism well in the following quote:

Hoover was very optimistic about the economy when he took office, but this soon changed after the 1929 Wall Street Crash led to the Great Depression, which would last until 1939. Hoover's ideas about individualism no longer appealed to the American people when it came to the election of 1932, as they were facing a deep depression. The dire economic circumstances of 1929, and America's inability to cope with the Wall Street Crash, paved the way for progressive Democrat Franklin D. Roosevelt.

Examples of conservatism in the United States

Harding, Coolidge, and Hoover all represented conservatism in the United States. Here are some examples of their policies after the First World War:

• The soldiers who fought during the First World War received a much lower wage in the army than they would have in civilian jobs. They asked the government for a bonus to make up for the loss in earnings but all three Presidents opposed this.

• During the First World War, a dam was being built on the Tennessee River to power two chemical plants. After the war, there were calls for the government to finish the dam to provide electricity and fertilisers to the area. Coolidge and Hoover opposed this idea of government ownership, favouring private business.

• The conservative Presidents opposed buying surplus farm produce. During the First World War, farmers produced more food, but upon the end of the war, the demand was much lower, so they were left with excess goods. The lack of government assistance combined with debt amassed during the war meant many farmers could not afford to keep their farms running.

Social Conservatism in the United States

The most notable policy of social conservatism of the 1920s was Prohibition. The prohibition of alcohol was introduced in 1919 by the 18^th Amendment and was maintained throughout the 1920s. While President Harding personally disregarded prohibition, Herbert Hoover called it ‘a great social and economic experiment, noble in motive and far-reaching in purpose.’ This policy was ineffective as the illicit trade of alcohol grew and led to organised crime, so it was repealed in 1933.

Fig. 4 - The Detroit Police inspecting some equipment found in a clandestine brewery during Prohibition

After the First World War, the US experienced the first Red Scare in response to the 1917 communist Russian Revolution. Thousands of suspected socialist radicals were arrested, immigration was restricted, and labour unions were seen as suspicious.

In line with the conservative goal of maintaining traditions, there was a fundamentalist Protestant revival, with some states banning the teaching of evolution. In the first half of the 1920s, the Ku Klux Klan grew to its largest membership number, serving to promote white supremacy as well as functioning as a type of conservative social organisation in the Midwest and the South.