The black bag that paid his overdue taxes and toppled a cabinet secretary
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概要
The black bag that paid his overdue taxes and toppled a cabinet secretary
This episode details the events surrounding a $100,000 cash delivery to a US cabinet secretary, revealing how this payment was connected to his financial struggles and a major political scandal involving naval oil reserves. How did a private ranch become the center of a national controversy?
Person: Albert B. Fall
Date: November 1921
Location: Tularosa Basin, New Mexico
Event: Delivery of $100,000 in cash
Topic: Teapot Dome scandal
- In November 1921, a black bag containing $100,000 in cash was delivered to the New Mexico ranch of Albert B. Fall, the US Secretary of the Interior.
- The money was handed to Fall by Ned Doheny, son of oil baron Edward Doheny, while Fall's property taxes had been unpaid for nearly ten years.
- President William Howard Taft had designated three fields, including Teapot Dome in Wyoming, as protected naval petroleum reserves in 1910, to be controlled by the Department of the Navy.
- In March 1921, President Warren Harding appointed Albert Fall as Secretary of the Interior, and Fall's ranch was struggling with accumulated debt.
- Harding signed an executive order transferring the Navy's oil reserves from the Department of the Navy to the Department of the Interior, a move Fall argued was for administrative efficiency.
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