Word: oiling
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Dates: during 1920-1929
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...Simultaneously, Fall wired Assistant Secretary of the Interior Edward Clingan Finney not to be too formal about the bids. The belated Sinclair bid was accordingly admitted. When Fall returned to Washington he threw out twelve other bids and awarded the contract to Sinclair. It was a contract to extract oil from U. S. property on a royalty basis. In Fall's advertisement for bids nothing had been said about including in the lease an option to renew if the successful bidder found his bargain profitable. Yet into Sinclair's five-year contract was inserted such an option...
...Sinclair. Attorney General Sargent turned the matter over to Assistant Attorney General William J. ("Wild Bill") Donovan. The result was awaited attentively, not only by Senator Walsh, but by Senator Capper of Kansas. The latter, a faithful Republican, did not seek to embarrass the Administration, but there were potent oil men in Kansas who wanted to know what was what. Not the lease provocative feature of Oilman Sinclair's Salt Creek contract was that it was exceedingly bad business for the U. S. Prices had risen and Sinclair was getting high grade oil from the U. S. far below...
Exposure. The alert Kansas City Star, the Universal Service (Hearst), and the arch-Democratic New York World were on the job. On Oct. 14. the World said that, with Senator Walsh's assistance, it was going to expose "another oil scandal." On Oct. 15. the World and Senator Walsh began telling the story of the Salt Creek lease and its renewal. On Oct. 16, the World continued the story. That afternoon. Attorney General Sargent signed and issued an opinion holding the Salt Creek lease void in the first instance and its renewal void as a result...
Action. The present Secretary of the Interior, Roy O. West, at once acted on Attorney General Sargent's advice and notified Oilman Sinclair's Crude Oil Purchasing Co.* to stop removing Salt Creek oil. To some 100 other lessors in the Salt Creek field, word was sent that the U. S. elected to take all its royalties in cash until further notice. The Department of Justice began preparing a new fraud suit against Oilman Sinclair. Secretary West cancelled all extension contracts for U. S. royalty oil, and ordered investigation of all oil leases made by Fall and still...
...northwest of Chicago, at which 10,000 Republicans consumed six tons of beef and pork, 200 barrels of potatoes, five truckloads of bread. But it was a prime moment for the Brown Derby to be in the heart of the Midlands. Just before he got there, the Salt Creek oil scandal had broken, involving National G. O. P. Chairman Work and Attorney General Sargent with Oilman Harry Ford Sinclair and politics (see p. 7). People were waiting to hear what the chief Democrat would say about that. They heard that he was telephoning long distance to Senator Walsh of Montana...