FIVE MEN MADE $33 MIL IN OIL DEAL SAYS ROXIE STINSON
Washington, D.C. (JFK+50) On March 26, 1924, "a hint of an oil deal...was brought by the (Harry) M. Daugherty investigating committee...by Roxie Stinson, divorced wife of the Attorney General's...political lieutenant Jess W. Smith."
According to Miss Stinson's testimony, "five men made $33,000,000" in the deal which occurred in the fall of 1922.
She said she learned this information from her former husband, Mr. Smith and "had to do with stock in the Sinclair (oil) interests which leased Teapot Dome*."
Miss Stinson was unable to identify the five men by name.
*Teapot Dome was a bribery scandal involving the administration of Warren G. Harding 1921-1923. Before Watergate, it was "the greatest & most sensational scandal in American history."
Secretary of Interior Albert B. Fall was found guilty in 1929 of accepting bribes in the scandal.
SOURCE
"$33,000,000 Profit In Oil Deal Hinted By Roxie Stinson," The Evening Star, Washington, D.C., March 26, 1924, Chronicling America, Library of Congress, www.loc.gov/