This is a very well-done story about oilmen, Warren G. Harding, and just what money can buy if you "invest" it properly. By today's standards, a million dollars laundered into a political campaign, or $230K delivered in cash to the Secretary of the Interior is impressive: even more so if you remember Sherman Adams (Eisenhower's White House Chief of Staff) scandal over a gift of a vicuna overcoat. And, of course, we're talking about 1920 dollars here. McCartney's book has lots of villains, but not as many heroes: Montana's Senator Thomas Walsh being the star.
The bribery and corruption did not unravel easily. The cover-ups and foot-dragging is reminiscent of Watergate. The outcome of Watergate was far from preordained--without the revelation about the White House tapes, the investigation might have fizzled out, since the public was starting to lose interest. The Teapot Dome hearings followed an eerily similar pattern--fizzling out, waning public interest, etc, until, like Watergate, new life was breathed into the scandal. Without the perseverance of Walsh and a few others, nothing would have come out of the hearings, and Teapot Dome would be forgotten today. Of course, if that had happened, when you take your vacation this summer you wouldn't be visiting the privately-owned No Visitors Allowed resorts for the very wealthy where Yellowstone, Yosemite, etc, used to be.
Some things are a little different today. One of the startling things in the book is the servile deference to rich oilmen at the hearings. When asked a question at the hearings a common reply was "None of your business!" and the senators would take this lying down. The only thing recently that might rival this is the fawning shown to Roger Clemens at the recent hearings on Capitol Hill. But you also may come away with the thought "So what's different nowadays anyhow?" You'll see from the book that things were a bit more flagrant, a trifle more brazen back then. The author writes with a comfortable, easygoing flair: this history is full of life and wit, and not a dry, dusty history that you might at times wade through. Enjoyable, amusing, and lucid!