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Monday, November 4, 2013

Teapot Dome Scandal

TEAPOT DONE SCANDAL Teapot Dome is in reference to an fossil 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 state of warren G . Harding 1921-1923 . The Harding organisation was cognise for its decadency There was not a more(prenominal) fulgent example of this than the which forever determined a natural covering of mistrust over Harding s PresidencyThe historic period following World War I saw an increase in political corruption and unmatchable of the most notorious scandals in presidential write up . The began in 1921 , right at the beginning of the Harding Presidency . prexy Harding was preceded by President Wilson (1913-1921 ) who was known for his honesty and straightforward move up to problems . just he has been stricken with a crippling apoplexy and was rendered just about occasionless during the last two years of his presidency President Harding was a well liked and magnetised individual in American history but such(prenominal) efficiency was overshadowed by his dealings in soft money . The was hirer among such dealingsTeapot Dome in Natrona County , Wyoming was an oil field dictated on earth 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 preservation policy in the presidencies of Theodore Roosevelt , William Taft and Woodrow Wilson specifically to the creation of naval rock oil militia in Wyoming and California . These reserves were parts of public land in which it was intended that oil should be unplowed in its natural reservoirs . Many politicians and private oil interests had fence the restrictions placed on the oil fields , claiming that the reser ves were extra and that American oil compan! ies could provide for the navy instead . unitary of the public officials in Congress that was most against the reserves was Senator Albert B .
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buy the farm , a Republican from New Mexico . A political bond certificate had helped him get into Congress and on with the political friends that he make during his rise to power , helped to bring over President Harding to appoint Senator ruin as United States secretarial assistant of the Interior shortly aft(prenominal) Harding took the oath of office in show of 1921In 1922 , the reserves were lock up below the jurisdiction of Edwin Denby the secretarial assistan t of the Navy . Senator generate 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 elicit Sinclair channelise of Sinclair oil without competitive bidding . Senator Fall besides did the same subject in Elk Hills , California to the head of the Pan American Petroleum in exchange for individual(prenominal) 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 deprivation to get a full essay, order it on our website: OrderCustomPaper.com

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