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, by Laton McCartney

Download , by Laton McCartney

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Product details

File Size: 2603 KB

Print Length: 368 pages

Publisher: Random House; 1 edition (March 25, 2008)

Publication Date: March 25, 2008

Sold by: Amazon Digital Services LLC

Language: English

ASIN: B000SK3EXC

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Teapot Dome is the code name in American history for graft and corruption at the highest level of our government.For the first two decades of the Twentieth century, demand for oil crept up gradually as more and more cars appeared on dirt roads, powered by gasoline. Along came Henry Ford, and ownership of an automobile began to be a possibility even for middle class people.Better roads got built, more cars got sold, people started to create motor courts for people to stay while traveling…. More filling stations got built. More people were making more money than ever before.Some far-seeing men had been exploring for oil fields and putting in drills all over. Some of these men were not only far-seeing, but dedicated to getting rich, at the expense of anyone and everyone.The U.S. Navy was converting ships from coal to oil, and in order to ensure a source of oil the U.S. government created oil reserves in the western United States.Laton McCartney begins his story with Jake Hamon, “The Oil King of Oklahoma”. Jake is a man worthy of the spotlight. For years he had been a big frog in a small pond, as a wildcatter in Oklahoma and environs, figuring ways to steal oil rights from Indians on their reservations, or anyone else. He had left his wife and two children for flashy Clara, 18 years his junior. In order to travel with her in those days when there was public disapproval of unmarried couples sharing a hotel room, he paid his nephew $10,000 to “marry” Clara, and then she had the Hamon name, and they could live together.Jake decided he was going to go for the big prize, and borrowed a million dollars to bet on a long shot in the 1920 Presidential election. He picked a former newspaper publisher, Senator Warren G. Harding, an empty suit from Marion, Ohio. Harding was a handsome, statesmanlike man, who was quite comfortable being a United States Senator. But the little men around him, and his wife, Florence, knew he could be more.Hamon’s million dollars turned out to be the ingredient that propelled Harding onward, as the Republican candidate for President. Harding ran against James M. Cox, also a newspaper publisher; the Democratic running mate was Franklin D. Roosevelt. To a nation fed up with World War I and President Woodrow Wilson, a Democrat, Harding won in a landslide.Hamon had intended to buy himself into the Harding cabinet as Secretary of the Interior, where he could pillage oil reserves at will. However, the party apparatus said that he had to “lose” Clara, since she was not his wife. Clara heard about this and shot him, which ended Hamon’s part in the scheme. However, there was no shortage of other scheming, greedy men, eager to join Harding in Washington.When you read about greed and corruption in Congo, or Nigeria, or Iraq or anywhere else in the world, here was the textbook plan for ripping off a country. Lucky for us, there is an opposing party which is only too eager to expose such skullduggery and stop it.McCartney takes us to the 1920 Republican convention, and introduces us to Harry Micajah Daugherty, a fleshy, balding, partially blind Scottish Irishman with one blue eye and one brown eye. He was a shrewd operator, and it was he who parlayed Hamon’s million dollars into a victory for his candidate, Harding. Daugherty was a wheeler-dealer from Ohio, and he did his magic to get Harding elected, then got himself named attorney general.Daugherty, even as Attorney General, headed up the “Ohio Gang” which was a group close to the President and the Attorney General, who carried millions of dollars in cash and Liberty bonds back to deposit in Ohio, and to launder in various schemes. They had a house for their meetings, and nightly poker parties, in the District of Columbia, called “the little green house on K Street.” Poker was a marvelous way for millionaire oil men to “lose” and pay off bribes.Albert B. Fall, Secretary of the InteriorThe smell of oil brought in Harry Sinclair and Edward Doheny, two very rich oil men. Since Jake Hamon was murdered, Albert Fall, the Republican Senator from New Mexico, was named to be the Secretary of the Interior. As soon as he was in office he finagled with the Secretary of the Navy, a willing dimwit, it appears, because the Navy secretary willingly gave Fall control of the oil reserves at Teapot Dome.As soon as Fall had control, he allowed his rich oil buddies to lease these rich oil reserves, worth many hundreds of millions of 1920 dollars. Fall owned a ranch in New Mexico and after he became Interior Secretary he started receiving money to make tremendous improvements in his ranch,Now, even though Warren G. Harding was “an empty suit”, he was a very amorous man. He had been carrying on an affair for years behind the back of his loving wife, whom the press called “The Duchess”. His affair with Nan Britton produced a child, and all this was fairly well known. The President had his Secret Service arrange for Nan to be smuggled into the White House for assignations.This whole sordid story had one brilliant hero, and he was Thomas Walsh, Democratic Senator from Montana, who took on the task of conducting an investigation into Teapot Dome and all of the shenanigans associated with it. For years he labored to bring these crooks to justice.Harding died while he and the Duchess and their entourage were on a trip of the west, which included the first presidential trip to Alaska. Then Calvin Coolidge, the vice president, took over, and the whole scene changed. The various investigations went on and on for years, but the scandal never seems to have touched Coolidge, and he was elected President in 1924. In spite of all that Teapot Dome revealed, there was so much turmoil in both parties in the 1924 election that Teapot Dome faded into the background.Justice did come, however, and McCartney tells that story, which includes a sordid murder-suicide during an apparent gay affair involving the son of one of the very rich oil men.When you hear of Watergate, Iran-Contra, or Monica Lewinsky, Whitewater, or any of the more recent scandals in Washington, you realize that Teapot Dome was in a class by itself.

I collect financial documents related to fraud, failure, and greed. Recently I purchased a "Tea Pot Dome" stock certificate knowing a little of the scandal from high school history.So I purchased this book and bam! The political corruption outlined in this work, concerning the Harding Administration and its willingness to sell anything for a buck, was enlightening but rather depressing.In contrast with today's political environment... well I can see no real contrast. I fear we are as corrupt today in our politics as when President Harding sold off the US Naval Oil Reserve to cronies in a no bid secret transaction. Only one person went to jail for this theft and that person is the first and last Senator and then Cabinet Secretary to be convicted of a crime and then served time.

The magnitude of Harding's complicit behavior is shocking! The infamous liberty bonds showed up in his safety deposit box subsequent to his selling the newspaper and dying! Harding knew he had compromised his presidency as he and his entourage left on the Voyage of Understanding leading him all the way to Alaska; he also knew his health was waning and so did the Duchess, his wife, who cast a long shadow over her hen-pecked husband; much speculation can be made about what he knew, how much he was aware of Daugherty's duplicitous behavior and whether Daugherty perhaps ordered Burns at the Bureau of Investigation to murder loose lips Jesse Smith; so much posterior covering occurred as to make it seem so plausible that big oil stopped at nothing and controlled Daugherty on such a short leash that the probability of Sinclair and Deheny being implicated in death, betrayal and fearful of nothing is likely; Harding surely knew and was so compromised that he could only get even more drunk and less tolerant of his infamous Duchess, who had a controlling hand in his demise! Very readable and extraordinarily interesting book.

I taught US History at the junior high level for 12 years, and studied History in college. I never knew the gritty details of this scandal. This story shows that Trump had a predecessor in the not to distant past who was as venal, narrow minded and uncaring of the majority of US citizens as he is: Warren Gamaliel Harding.

When Warren G. Harding won the GOP nomination for president in 1920, no one saw it coming. Except for the moneymen pulling the strings. The definition of a darkhorse candidate, Harding was almost unheard of before the convention. But the shenanigans that went on at the convention were small change compared to what happened after Harding was elected. Even before he was sworn in, deals were being made.The US Navy owned several plots of land throughout the country that were rich with oil. These were oil reserves solely for the Navy's use. But they hadn't been tapped. And with the oil boom, there was money to be made. Albert Fall was named Secretary of the Interior and made a deal with oil tycoons: he would take control of the oil fields from the Navy and offer no-bid leases to the oil companies in return for kickbacks. He granted leases to reserves in California and a large reserve in Wyoming called Teapot Dome.This book details the scandal as it happened and the Congressional investigation that followed, which eventually led to the first occurrence of a Cabinet member being sent to prison (the only other being Nixon's attorney general, John Mitchell). Because the scandal was so convoluted and involved so many various players, the first half of the book is quite confusing. Only once McCartney beings to discuss the investigation of the scandal do the pieces start to fall into place. Some readers might grow frustrated at the first part of the book, but once you get a handle on what all was happening, it's quite an amazing story.

Excellent research and gripping narrative for the story as old as organized human society. Those is power use that power to manage the government structure to their advantage.

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