B Fall, a member of US President Warren G Harding's cabinet, is found guilty of
bribery on this day. He was punished with a fine of $100,000 and one year in prison.
He was the first member of any president's cabinet to be convicted of a crime
during his term.
had accepted a $100,000 interest free 'loan' from Edward Doheny of the Pan-American
Petroleum and Transport Company. Dohney wanted Fall to assist him by
granting a valuable oil lease in the Elk Hills naval oil reserve in California.
had, earlier, championed the transfer of a number of oil reserves (including the
Teapot Dome in Wyoming) to the Department of the Interior, on the understanding
that he would be able to make a personal gain in the subsequent lease of the land
to private corporations.
was discovered, during a Senate Public Lands Committee investigation, that Harry
Sinclair, president of Mammoth Oil, had given Fall $300,000 in bonds and cash
in exchange for a lease on the Teapot Dome oil reserve in Wyoming.