The Teapot Dome Scandal
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In 1921, President Warren G. Harding gave control of the oil reserves to Albert Bacon Fall. These reserves were meant for the navy.
You may have supervision of the oil reserves.
Albert Bacon Fall then gave some oil companies access to these oil reserves. In exchange, they gave him and his family over $200,000.
Psst.. Want some oil?
The Supreme Court ruled the transfer of money illegal. Consequently, Albert Bacon fall was placed in prison.
President Harding died in 1923 before he could hear all of the scandal's details. However, his cabinet's reputation suffered because of this scandal.
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