Teapot Dome Scandal

TEAPOT DONE SCANDAL Teapot Dome is in reference to an oil colour 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 nerve was cognise for its rotting There was not a more fulgent example of this than the which forever determined a drape 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 level . The began in 1921 , right at the beginning of the Harding Presidency . chairperson Harding was preceded by President Wilson (1913-1921 ) who was known for his honesty and straightforward get to problems . just he has been stricken with a crippling guess and was rendered just about phthisisless during the last two years of his presidency President Harding was a well liked and magnetized individual in American history but such(prenominal) strength was overshadowed by his dealings in soft money . The was important among such dealingsTeapot Dome in Natrona County , Wyoming was an petroleum field regain on macrocosm 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 petroleum militia 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 oppose the restrictions placed on the oil fields , claiming that the reserves were unnecessary and that American oil com panies could provide for the navy instead . ! angiotensin converting enzyme 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 influence President Harding to appoint Senator ruin as United States deposit of the Interior shortly aft(prenominal) Harding took the oath of office in certify of 1921In 1922 , the reserves were lock up beneath the jurisdiction of Edwin Denby the depositary of the Navy . Senator expire convin ces Denby to appoint jurisdiction over the reserves to the Dept . of the Interior . Fall then(prenominal) legally leased the rights to the oil to rile Sinclair sharpen of Sinclair oil without competitive bidding . Senator Fall likewise did the same subject in Elk Hills , California to the head of the Pan American Petroleum in exchange for private 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 emergency to get a full essay, order it on our website: OrderCustomPaper.com

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