The Harding Presidency Teapot Dome Scandal
Warren G. Harding Elected in 1920 Answer to post-war economic problems – “Less government in business and more business in government” Lowered taxes on wealthy Why?
Harding’s Presidency Some say Harding lacked governing skills Surrounded himself with extremely talented cabinet Treasury of Secretary: Andrew Mellon (multimillionaire businessman) Secretary of State: Charles Evans Hughes (1916 presidential candidate, lost to Wilson) Commerce Secretary: Herbert Hoover (future president)
Successes in Office Dawes Plan and Young Plan Kellog-Briand Pact: Renounced war as a means of national policy Signed by 15 nations, but very difficult to enforce Dawes Plan and Young Plan Helped solve post-war debt problem by aiding Germany
Scandal Hits the White House Although he had a very skilled cabinet, Harding used the spoils system to appoint old friends from Ohio to lower- level government posts Members of this “Ohio Gang” were convicted of taking bribes Worst scandal was involved Secretary of Interior Albert Fall
Teapot Dome Scandal: 1921 - 1924 First Cabinet member to go to prison Government set aside oil-rich public land in Teapot, Wyoming Albert Fall secretly leased the land to two oil companies Fall received $400,000 from the oil companies and a felony conviction from the courts First Cabinet member to go to prison