Word: teapot
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...same old Teapot Dome hung upon legal pothooks. The same old stories were expected from the defense: how, in 1921, the Navy Department wanted oil storage tanks in case of War; how, in 1922, Oilman Sinclair took the Teapot Dome lease for "patriotic" as well as private reasons; how he invested in Liberty Bonds for like reasons, and gave wads of these bonds to Albert Bacon Fall, the Secretary of the Interior who leased him Teapot Dome, not as a gift but to buy an interest in Fall's ranch in New Mexico. There was the same Fall...
Lawyer Roberts showed that Sinclair valued the lease at $100,000,000 before he got it; that he made $8,000,000 by stock manipulations immediately after getting the lease. These facts were introduced in anticipation of a defense story that Sinclair leased Teapot Dome "reluctantly...
...beginning of the iniquity attached to Sinclair's contribution. Mellon refused to censure Will Hay's acceptance of the money or to give any information to the committee at the time. Senator Walsh said that when Mellon was made aware of Sinclair's huge contribution, the investigation of the Teapot Dome lease had already begun...
...Presumably acting on orders from President Coolidge, the Department of Justice began an investigation of Sinclair's lease in the Salt Creek oilfields, adjacent to Teapot Dome. This lease, awarded on a royalty basis to Sinclair by Fall in 1922, was renewed last February by Secretary of the Interior Hubert Work, who explained to the Senate Public Lands Committee that it was "a good one for the Government...
...special prosecutors, was there, too, to cross-examine the witness. One of the first things Mr. Fall told was that the late J. W. Zevely, Sinclair's personal attorney and the man for whom he named his famed racehorse "Zev", conducted all the early negotiations for the Teapot lease. Then Sinclair went with Zevely to Fall's office (according to Fall) and protested he would lose money the way the lease was drawn. In the end he signed it "reluctantly...