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The Harding Presidency
Teapot Dome Scandal
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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?
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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)
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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
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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
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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
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