MEDALS What was the Teapot Dome scandal? Harding’s Attorney General Harry Daugherty committed suicide. Harding’s head of the Veterans Bureau Charles Forbes was convicted of embezzlement. Harding’s Attorney General Harry Daugherty was accused of influence peddling. Harding’s Interior Secretary Albert Fall was accused of leasing government- owned oilfields to private business without allowing competitive bids. Harding’s Secretary of Agriculture Henry C. Wallace was accused of handing over farmland to a mining company.
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The affair took its name from Teapot Dome, a rock formation in Wyoming that looked like a teapot and, more importantly, stood atop a large a large government naval oil reserve. The scandal was the most famous of several scandals that ruined the reputation of President Warren G. Harding, who served from March 1921 to August 1923 and is often described as the worst president our country has ever had. At its bare bones, Teapot Dome is a simple case of bribery. Secretary of the Interior Albert Fall, a former senator from New Mexico and a friend of Harding's, was convicted of taking bribes from oil executives. Oilman Harry Sinclair obtained leases to drill for oil at Teapot Dome, Wyoming, and Edward Doheny acquired leases for reserves at Elk Hills, California. Fall received in the neighborhood of $400,000 in cash and gifts from Doheny and Sinclair. Like the details of the various Enron accounting maneuvers, the details of the oil leasing were complicated. For the public it was reduced to Fall granting favors to friends who had given him a great deal of money.
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