Teapot Dome Scandal

TEAPOT DONE SCANDAL Teapot Dome is in reference to an oil colour field on common drop in Wyoming It is too a phrase commonly applied to the scandal that rocked the tribunal of United States president Warren G . Harding 1921-1923 . The Harding Administration was cognise for its corruption There was not a more fulgent example of this than the which forever determined a blanket of mistrust over Harding s PresidencyThe years following World War I saw an increase in political corruption and unmatchable of the most notorious scandals in presidential history . The began in 1921 , right at the beginning of the Harding Presidency . President Harding was preceded by President Wilson (1913-1921 ) who was known for his honesty and straightforward approach to problems . just he has been stricken with a crippling stroke and was rendered just about useless during the last two years of his presidency President Harding was a well liked and charismatic individual in American history but such(prenominal) ability was overshadowed by his dealings in soft money . The was chief among such dealingsTeapot Dome in Natrona County , Wyoming was an oil field located on public 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 conservation policy in the presidencies of Theodore Roosevelt , William Taft and Woodrow Wilson specifically to the creation of naval petroleum 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 opposed the restrictions placed on the oil fields , claiming that the reserves were unnecessary and that American oil companies could provide for the navy instead . One 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 convince President Harding to appoint Senator ruin as United States Secretary of the Interior shortly aft(prenominal) Harding took the oath of office in March of 1921In 1922 , the reserves were lock up under the jurisdiction of Edwin Denby the Secretary of the Navy . Senator Fall 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 Harry Sinclair head of Sinclair oil without competitive bidding . Senator Fall also 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 want to get a full essay, order it on our website: Ordercustompaper.com

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