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Full Version: The Teapot Dome Scandal
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With the exception of Watergate, there has never been a scandal with and more egregious wider implications than the Teapot Dome affair through the presidency of Warren G. Harding. It included the secret leasing to private businesses of oil-containing tracts owned by the Navy, mainly in Wyoming and California.

'Domes' are natural reservoirs of crude oil. The 'Teapot Dome' - named after a stone resembling your kitchen implement - was near Casper, Wyoming. It was 'reserved' in 1920 for future years energy requirements of American Navy vessels.

Senator Albert B. Fall of New Mexico - Harding's secretary of the Inner - opposed this 'conservation' policy. Thus his furtive attempt - in collusion with Secretary of the Navy, Edward Denby and the others - to lease the domes to individual extractors. Should you wish to discover further about open in a new browser window, we know about many resources you should consider investigating. Teapot Dome was leased to Harry F. Sinclair's Mammoth Oil Company. The Elk Hills reserve in California was booked to Edward M. Doheny's Pan-American Petroleum and Transport Company. The 2 gave Fall and others presents and 'loans' amounting to $400,000 - a massive fortune at the time.

The scandal was made public in 1922 in a long analysis from the U.S. Senate's Committee o-n Public Lands light emitting diode by Senator Thomas J. Click here open site in new window to discover when to flirt with it. Walsh from Montana and Senator Robert M. Lafollette.

After much prevarication by Attorney General Harry M. For additional information, consider looking at: visit site. Daugherty, Fall was brought to justice. H-e sentenced to 1 year in prison and $100,000 good in 1929 and many officials were implicated. Daugherty himself resigned in 1924. When Harding died in 1923, h-e was succeeded by Calvin Coolidge and public outrage subsided. Coolidge acted resolutely and appointed unique prosecutors under his personal direction to protect the interests of the federal government.

The Supreme Court annulled the Teapot Dome and the Elk Hills leases in 1927. But, though government officials were convicted of corruption and conspiracy - no oilman was found guilty of bribing (still, they paid injuries). For supplementary information, please consider checking out: osu federal credit union. Sinclair refused to collaborate using a 2nd Senate investigation and hired gumshoes to shadow members of the court in his situation. H-e served a short word for tampering with a jury and for criminal contempt.

The Democrats did not capitalize on the occasion and lost the presidential elections in both 1924 and 1928..