The Teapot Dome Scandal
By abaird15, Updated
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The government has set aside oil-rich public lands at Teapot Dome, Wyoming and Elk Hills, California, for use by the U.S. Navy. President Hardings friend, Albert Fall, managed to get the oil reserves transferred from the navy to the Interior Department.
Fall then secretly leased the land to two private oil companies.
Fall received more than $400,000 in "loans, bonds, and cash." He was later found guilty of bribery and became the first American to be convicted of a felony while holding cabinet post.
On August 2, 1923, President Harding died suddenly, probably from a heart attack or stroke because of stress.
Vice President Calvin Coolidge assumed the presidency after the death of Harding. The next year, Coolidge was elected president.
Coolidge helped restore people's faith in their government and in the Republican Party.
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