Senator Albert Fall's Integrity

Improved Essays
How far will a person go to make money? Senator Albert Fall could have answered that question. Fall had one reason for losing his integrity; he was greedy. He let his need for greed roam free and it destroyed his moral character. In addition to destroying his integrity, he destroyed people’s trust in him, one being the President of the United States, he gained control of the oil reserves and lost them, and then he was found guilty because of his heinous crimes. Fall’s desire for money grew when he was a child due to the lack of his family’s money.
Albert Fall was born in Frankfort, Kentucky on November 26, 1861. During his younger years, Fall taught himself instead of going to school. He was part of the “Ohio Gang” which referred to Harding’s cabinet officials. Fall was a member of the Republican party. Fall had many different jobs before becoming a secretary and a senator. He managed to find work as a miner, a real estate agent, and livestock worker before becoming a lawyer. Albert became an Associate Judge before people knew he was miscounting election returns. Fall would go on to commit a scandal of bigger proportions which was the Teapot Dome Scandal. This name originated from a rock shaped
…show more content…
Albert Fall was one of the people appointed. He was given control of the Interior Department at first and because of that he was made a secretary. Fall was put into power in 1921. Fall noticed a way to make money, so he convinced Harding and Secretary of the Navy Edwin Denby to switch the naval oil reserves to the Interior Department. Switching departments would allow Secretary Fall the oil reserves that he wanted in his control, so he could lease them to other people. Leasing the oil reserves to other peoples would allow him to make an enormous amount of profit. Other people being Edward Doheny and Harry Ford Sinclair. When Albert Fall leased the oil reserves, there was no competitive

Related Documents

  • Improved Essays

    A better documented scandal is the Teapot Dome scandal. In this scandal, hundreds of thousands of unsecured loans were given. During the presidency of Warren Hardin in 1920, congress gave the secretary of the Navy the power of leasing government owned oil reserves to private companies. In 1921, this power was taken from the Secretary of the Navy and given to the Department of the Interior. This department was led by a close friend of Harding.…

    • 361 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    As stated in Russell Conwell’s speech “Acers of Diamonds” any ambitious man has the opportunity to obtain wealth through hard work and honesty. Conwell vows that the majority of rich men are honest men, stating that their honesty is the reason for such abled workers and their “great enterprises”. I do not know any rich men so I cannot account for their honesty but just because a person is honest does not mean they cannot be ruthless too. As read in the chapter these men of great wealth: Vanderbilt, Rockefeller, Carnegie, and Morgan, came into power by tricking investors out of their companies, buying out and destroying rivalry companies all at the expense of lesser men.…

    • 326 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    To enlarge his company, Rockefeller did things himself. Rockefeller had dreams of making his company the most prominent. However, since no one could help him, he did everything himself to build his own empire. His business practices made his company the greatest and most powerful oil…

    • 1543 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    "Robber Barons" were entrepreneurs that employed any means necessary to better themselves and they didn't care who they had to step on to get there, or, were they just innocent business men who were initiative marketing geniuses? The debate on whether these men were greedy, power hungry, monsters or just innocent business men who had a way with advertisements is one extreme to the next, but these are the two points I will be exploring: greedy monsters or initiative , industrial, urban marketers? Within these two arguments there are very many pros and cons between the two, some cons are that tey are both biased to an extent. They have their own opinion of these fortune 500 businessmen and also have their own opinion or whether they obtained…

    • 947 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    In what ways did the government promote business interests in the 1920s? During the 1920s, the government was very corrupt and promoted business interests in several ways. At the time, the Republican Party lowered taxes on incomes and business profits, gave high tariffs, and were anti-union. Another example of the government promoting business interests was the scandal that occurred during the Harding administration.…

    • 139 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Alexander Hamilton once said, “When the sword is once drawn, the passions of men observe no bounds of moderation.” Hamilton, an orphan immigrant, wrote his way out of poverty and into the nation’s spotlight. Appointed by George Washington to be the first Secretary of Treasury, Hamilton recognized no qualms or boundaries when it came to fighting for what he believed was right. Although faced with an impossible economic situation, Alexander Hamilton utilized his passion, relentlessness, and rigor, to lay the bedrock for a strong national economy with a three-part plan. After the Revolutionary War and a failed government under the Articles of Confederation, the Unites States was given a fresh start for a strong and centralized government.…

    • 976 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Senate. Origins of the scandal went back to the growth of federal conservation policy in the presidencies of Theodore Roosevelt, Taft, and Wilson, specifically to the creation of naval petroleum reserves in Wyoming and California. The "Teapot Dome Affair" was perhaps the most important and remembered scandal of Harding's time as president. After jurisdiction over naval oil reserves were transferred to the Department of the Interior, secretary Albert B. Fall leased Teapot Dome to oil companies in which he owed a private debt to in exchange for money.…

    • 1528 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    For most people money is something that they spend their whole lives trying to get. Why? Because it is an object that is constantly needed to stay afloat in this world. Such a high value is placed on it. If someone has a lot of money they are great and successful but if they do not they are placed at the opposite side of the spectrum.…

    • 1295 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Leading up to his death, scandals began to erupt within Harding’s administration, although there was no evidence to show that he personally was involved. The worst scandal was known as the Teapot Dome Scandal. Harding’s Secretary of the Interior, Albert B. Fall, secretly gave oil contracts on two government oil fields to private oil companies. In return he received more than $300,000 in bribes. (Prentice Hall, 2000)…

    • 1713 Words
    • 7 Pages
    Improved Essays
  • Superior Essays

    Think of someone who is wealthy, who comes to mind? Someone like Bill Gates, right? Well, where do you think they get their money from and how did they become so wealthy? They all have to start out with finding something that interest them and then invest to get their business started. Another millionaire that is pretty important to know is Andrew Carnegie, who never cared for his workers and only cared about the production of his workers.…

    • 1269 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Analyse how The Great Gatsby and Browning’s poetry imaginatively portray individuals who challenge the established values of their time. The Great Gatsby through narrative text style, and Barrett Browning’s poetry through Petrarchan sonnet form, both portray individuals who not only challenge accepted values of their time but may also adhere to certain values. Despite the immensely dissimilar contexts the texts are derived from, we are able to compare challenged or accepted values within them as the share particular themes such as love and gender roles. The novel, The Great Gatsby by F. Scott Fitzgerald, portrays the character of Gatsby who challenges accepted values of class and money, but adheres to value of courtly love, popular in his time.…

    • 1049 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    At first glance the men in The Great Gatsby by F. Scott Fitzgerald and The Wolf of Wall Street by Jordan Belfort have an extraordinary amount of similarities in their lives. Starting to ease into the similarities, we can see that characters from both works are consumed by the temptation of greed, both are set on the American dream full of money and pleasure, and are both hypnotised by love and result to affairs. Yes, they do have their differences. For instance, one being sentimental and hopelessly in love, the other is lacking moral sense and is in love with money.…

    • 1167 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Before earning noble reputation the oil industry, he decided to form a more rationalized oil industry. Beginning in 1870, he established the Standard Oil Company of Ohio. Ten years later, he was able to control over ninety percent of the U.S. oil refinery and pipelines. Much of his success was accounted by his ability to make favorable deals with railroad companies to ship his oil.…

    • 1047 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Money, Money, Money. The novel the Great Gatsby shows how money can corrupt a person. Jay Gatsby realizes after meeting daisy Buchanan that she has high standards. He sees that Daisy has to have material items and that the only way that he will be able to win her over is with lots of money. Jay has to make his money look old instead of like he just got it so that he meets Daisies expectations.…

    • 1157 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Congressional Ethics In a former U.S. Representative Paul Broun left Congress at the tip of 2014. House committee investigations were making an effort into his alleged misuse of dealing with the money funds for political functions that were disappearing. Ethics consultants say there's little or no fashionable stance of a passed action, investigation outgoing to Congress for him returning to work, but it's the committee leaders who can opt to open up their concerns, needs, to be compelled to Broun coming back to Washington (Hallerman, T., 2016). Committee hearing, The House committee began making an effort into Broun's behavior in time of the year 2014.…

    • 968 Words
    • 4 Pages
    Improved Essays