Teapot Dome Scandal

TEAPOT DONE SCANDAL Teapot Dome is in reference to an anoint colour field on common drop in Wyoming It is too a phrase commonly applied to the crap that rocked the tribunal of United States president state of warren G . Harding 1921-1923 . The Harding ecesis was cognise for its corruptness There was not a to a greater extent fulgent example of this than the which forever determined a cover charge of mistrust over Harding s PresidencyThe old age following World War I saw an increase in political corruption and unmatchable of the most notorious scandals in presidential taradiddle . The began in 1921 , right at the beginning of the Harding Presidency . chairwoman Harding was preceded by President Wilson (1913-1921 ) who was known for his honesty and straightforward plan of attack to problems . just he has been stri cken with a crippling shooting and was rendered just about use upless during the last two years of his presidency President Harding was a well liked and charismatic individual in American history but such(prenominal) tycoon was overshadowed by his dealings in soft money . The was main(prenominal) among such dealingsTeapot Dome in Natrona County , Wyoming was an crude field situated on exoteric land reserved for the emergency use by the US navy only when regular oil supplies had been emaciated . Origins of the scandal went back to the growth of the federal saving policy in the presidencies of Theodore Roosevelt , William Taft and Woodrow Wilson specifically to the creation of naval oil colour reserves in Wyoming and California . These reserves were parts of public land in which it was intended that oil should be kept in its natural reservoirs . Many politicians and private oil interests had unlike the restrictions placed on the oil fields , claiming that the reserves were superfluous and that American oil com! panies could provide for the navy instead . whiz of the public officials in Congress that was most against the reserves was Senator Albert B .

buy the farm , a Republican from New Mexico . A political bond certificate had helped him get into Congress and along with the political friends that he make during his rise to power , helped to convert President Harding to appoint Senator ruin as United States depositary of the Interior shortly aft(prenominal) Harding took the oath of office in edge of 1921In 1922 , the reserves were lock up downstairs the jurisdiction of Edwin Denby the secretarial assistant of the Navy . Senator yielding convinces Denby to appoint jurisdiction over the reserves to the Dept . of the Interior . Fall then(prenominal) legally leased the rights to the oil to raise Sinclair motion of Sinclair oil without competitive bidding . Senator Fall in like manner did the same subject in Elk Hills , California to the head of the Pan American Petroleum in exchange for personal loans at no interest . In exchange , Fall received gifts that exceeded cd ,000 . However , the selling of these rights was legal under the general Leasing cultivate of 1920 . On June 4th , 1920 Congress passed a bill that tell that the Secretary of the Navy would have the power...If you compulsion to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper