Major Events with Warren Harding
- 1921-1922 - Washington Conference
The Washington Conference was called to ease tensions growing in the Far East. It was attended by nine nations: Great Britain, United States, Belgium, China, France, Italy, Japan, Netherlands, and Portugal. As a result of the conference, there were three major treaties signed.
The Five Power Pact (signed by the United States, Great Britain, Japan, Italy and France) limited naval armaments. The ratio of capital ships (ships with more than 10,000 tons of water displacement) was set for each nation: United States 5, Great Britain 5, Japan 3, France 1.75 and Italy 1.75. Thus the United States and Great Britain would always have more large ships than all of the other three nations combined. However, since the number of destroyers, submarines and other small ships was not limited, the treaty was almost meaningless.
The Four Powers Act (signed by the United States, Great Britain, France, and Japan) resolved any conflicts that had arisen in the Pacific. The four nations also decided that any further conflict that would arise would be solved by peaceful means.
The Nine Powers Act, signed by all nations present, had the nations agree to respect Chinašs political and territorial sovereignty. It also stated that submarines would be used only in accordance with rules of war and it outlawed the use asphyxiating gases.
- 1922 - Fordney-McCumber Tariff
The Republicans were eager to reestablish a new protective tariff. They felt that the Underwood Tariff hurt the industries and did not promote peace. There was no immediate reaction, for during the 1920s people expected everything to go very well. However, after the Great Depression, Congress recognized that trade barriers were harmful to the economy.
- 1923 - Warren G. Hardingšs Death
While he was returning from the trip from Alaska, President Harding died in San Fransico on August 2nd, 1923. His responsibilities overwhelmed him, and a couple of bad appointments in the beginning of the term cost him greatly. He was succeeded by Calvin Coolidge, who would win again in the 1924 election.