Facts about The Teapot Dome Scandal tell the readers about one of the important events in the political history of United States. It portrayed the negative effect on the administration of United States under President G. Harding due to the bribery scandal. At that time, Albert Bacon Fall served as the Secretary of the Interior who did not apply competitive bidding related to the lease of the Navy petroleum reserves at Teapot Dome and two other places in California. He gave the rights to lease them with a low rate for the private oil companies. Let us get other important facts about the Teapot Dome Scandal below:
Facts about the Teapot Dome Scandal 1: Senator Thomas J. Walsh
Senator Thomas J. Walsh had his investigation on the case of Teapot Dome leasing scandal.
Facts about The Teapot Dome Scandal 2: conviction
Fall was under the investigation for accepting the bribery for leasing the Teapot Dome. He had to go to the prison and left his position in the presidential cabinet.
Facts about The Teapot Dome Scandal 3: the greatest scandal
Teapot Dome Scandal was considered as the greatest scandal in the history of American politics before it was surpassed by the Watergate Scandal.
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Facts about The Teapot Dome Scandal 4: the effect
Harding’s administration was in negative limelight because of Teapot Dome scandal. However, actually, the reputation had already been damaged because of the two previous events like the veto of Harding in the Bonus Bill in 1922 and the controversy related to the Great Railroad Strike in 1922.
Facts about The Teapot Dome Scandal 5: leasing the Teapot Dome and other oil reserves
The oil reserve in Teapot Dome was leased to Mammoth Oil under Harry F. Sinclair in 1922 by Fall. Edward L. Doheny of Pan American Petroleum and Transport Company got the right to lease Elk Hills reserve. Competitive bidding was involved during the distribution of rights for leasing the oil reserves.
Facts about The Teapot Dome Scandal 6: the new rich man
Fall appeared as a rich man due to the favor that he gave to the oil companies. In November 1921, Doheny gave Fall a no-interest loan for $100,000.
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Facts about The Teapot Dome Scandal 7: other gifts
The total gifts received by Fall were $404,000. It was from Sinclair and Doheny.
Facts about The Teapot Dome Scandal 8: suspicion
Fall was under suspicion due to his increase standard of living after the leases. Actually, he tried to keep it secret.
Facts about The Teapot Dome Scandal 9: the wrongdoing
The wrongdoing of Fall was accepting the gifts from the oil companies though the leases looked legitimate.
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Facts about The Teapot Dome Scandal 10: guilt
Fall was guilty due to his action for accepting the bribe from Doheny in 1929. Sinclair had to spend six months inside the jail. Before the scandal, Fall had been question in his involvement in the murder of Albert Jennings Fountain and Henry.
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