Word: teapot
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...moment Henry Blackmer had put off for 25 years. His fists clenched, the half-blind, old oil millionaire last week stood up for sentencing in a Denver courtroom. The man who fled to France in 1924 to avoid questioning in the Teapot Dome oil scandal had voluntarily flown home seven weeks before to face perjury charges on his income tax (TIME, Oct. 3). The court agreed with the U.S. attorney that the evidence was perhaps too weak to support the charges, agreed too with a doctor's report that "any substantial period of confinement" would cause Henry Blackmer...
Since the Teapot Dome scandal 25 years ago, the oil empire of Edward L. Doheny has been in & out of the headlines. Last week the holdings of Doheny, who was acquitted of bribe charges, made news again, perhaps for the last time. The Los Nietos (literally, the relatives) Co., owned by Doheny's five grandchildren,* sold the empire's last oil-producing property. The holdings have oil reserves in the U.S. and Canada of at least 48 million barrels. The buyer: Union Oil Co. of California. The price: $22.4 million plus 600,000 shares (current value: $15 million...
Exit in Haste. In 1924, after the U.S. Senate broke the Teapot Dome scandals, Blackmer abruptly abandoned the good life in Colorado, packed up a law library and plenty of money, and fled to France. There was plenty of reason for his flight; Government investigators had discovered that Secretary of the Interior Albert B. Fall had $230,500 worth of Continental's Liberty bonds, which prosecutors charged had come from Harry Sinclair as a bribe...
...tried by every possible means to force Blackmer out of his hideout and bring him home to testify in the Teapot Dome trials. All failed. Meanwhile French newspapers, which described him as a multi-millionaire oil king, generated waves of rumor about him-that he had sneaked back to the U.S. as a member of a steamship's crew, that U.S. authorities had tried to kidnap him at the order of President Coolidge...
...Teapot Dome furore finally died; Harry Sinclair served out a total of nine months in jail (for contempt of court and of the Senate investigating committee), and Fall went to prison, later died in disgrace. Exile Blackmer stayed at his chateau in France. Even World War II caused him little inconvenience. He was technically a fugitive from justice and had no passport, but when France fell to the Nazis the Swiss welcomed him, his money and his third wife "Kaja," a buxom Norwegian opera singer...