Question

Paul Douglas and Irving Fisher were two of over 1,000 economists throughout the United States who requested the president to not sign this bill. For 10 points each:
[10h] Name this controversial bill passed in 1930 which raised tariffs on over 20,000 goods entering the U.S.
ANSWER: Smoot-Hawley Tariff [accept Hawley-Smoot Tariff or Tariff Act of 1930]
[10e] Many historians argue that the Smoot-Hawley Tariff exacerbated this prolonged period of economic downturn which began with the Stock Market Crash of 1929.
ANSWER: The Great Depression
[10m] This businessmen’s Chief Executive Thomas W. Lamont said he almost went down on his knees to beg the president to veto the tariff. This robber-baron financed the merger of Carnegie Steel to create U.S. Steel.
ANSWER: J. P. Morgan [or John Pierpont Morgan]
<History - American History>

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