MAS 142    Reading(s):Acuna 7-13

1.   PROGRESSIVISM & THE IRONIES OF PROGRESSIVISM:

1890s to 1920s

*  Spanish American War 1898                             *   A Regressive Supreme Court 1898

*  Monroe Doctrine & Teddy Roosevelt       *   1900 Cuba's Platt Amendment

*  Progressive Constitution 1917                          *   Wilson & Mexico's Revolution

*  Big Stick, Dollar, & Gun Diplomacy

2. A CAPITALIST ROLLER-COASTER:  1900s to 1930s

* Success on the Make: The Roaring Twenties

Consumer Products              Extension of Credit                   Marketing

Government Subsidies         World War I

* Depression on the Make: 1900 to 1930s

a.Over speculation and Over consumption

b.Land 1920-26: In Florida over speculation led to price inflation and subsequent depression

c.Stocks: government subsidies provide fictitious market for industry; stock prices increase; industry attempts to re-purchase stock creating inflating stock prices; stocks are allowed to be bought on "margin"; industry fails to invest in research and development, consequently consumers' purchasing slows down; subsequent layoffs contribute to downward spiral in economy.

d. Farmers plight: Mechanization, increased farm lands, world surplus produces over supply of farm produce which leads to decrease in prices; Farmers cannot pay out loans, hence, foreclosure occurs. Farmers do not have capital to purchase heavy equipment so heavy industry is effected

* Psychological Depression: Isolation, Nationalist, Nativist, the Global effect

3.FROM RED SCARE TO BROWN SCARE: 1919 TO 1930s

*  Mexican Revolution 1910-1917 (Zimmermann Note)    * Villistas in the Southwest

*  Emergency Immigration Act of 1917 (Revisited)           * Huertistas in the Southwest

*  Espionage & Sedition Acts of 1917-18                           * Magonistas in the Southwest

*  Bolshevik Revolution 1917                                             * Plan de San Diego, Texas