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Heavily in debt last week was Albert Bacon Fall, bribe-taking Secretary of the Interior under President Harding, first convicted Cabinet felon in U. S. history. He still owed Oilman Edward Laurence Doheny $100,000 (exclusive of interest) on what he still insists was "a friendly loan" made eight years ago. He owed the U. S. another $100,000-the fine imposed last week after a District of Columbia Supreme Court jury had found the Doheny "loan" corrupt, a bribe. Additional debt to the U. S.: one year of his life in prison. Mr. Fall's assets, both...

Author: /time Magazine | Title: CORRUPTION: $100,000 & One Year | 11/11/1929 | See Source »

...into the fray he managed in one week to win both operators and employes to his plan of settlement?which involved financial sacrifices by both. When the present cabinet crisis occurred with the fall of the government of Aristide Briand, the tenacious Dauphin was clinging to his Ministery of Interior (bestowed by Poincaré a year ago), a key post since the incumbent controls the local government and the police of France...

Author: /time Magazine | Title: FRANCE: Tardieu Cabinet | 11/11/1929 | See Source »

That statement convicted Albert Bacon Fall, onetime (1921-23) Secretary of the Interior, of bribery. It branded him as the first felon in a President's Cabinet in U. S. history. It made him liable to a three-year prison sentence, a $300,000 fine.* It changed the $100,000 in cash sent Fall in a little black bag by Oilman Edward Laurence Doheny from an innocent "loan" between old friends to a corrupt and criminal payment to influence the Secretary of the Interior to lease U. S. Naval Oil Reserve No. 1 at Elk Hills. Cal., to Doheny...

Author: /time Magazine | Title: CORRUPTION: First Felon | 11/4/1929 | See Source »

...facts on which Fall was tried were agreed on both sides. Fall and Doheny, gold prospectors together in the old West, had been friends for 43 years. Doheny had approached Fall, as Secretary of the Interior, for an oil lease. At the peak of negotiations-Nov. 30, 1921-he had sent Fall $100,000 in cash by his son. Four months later Doheny's oil company had the Elk Hills lease from which it expected to make $100,000,000. Two years ago a jury tried Fall and Doheny on practically the same evidence for conspiracy to defraud...

Author: /time Magazine | Title: CORRUPTION: First Felon | 11/4/1929 | See Source »

Other Hastings work included Arlington Memorial Amphitheatre to the Unknown Soldier, the Senate and House of Representatives office Buildings in Washington, the Manhattan Bridge, the Manhattan Victory Arch, the interior of the Metropolitan Opera House. He did not approve the theory of Manhattan skyscrapers, but he redesigned the Ritz Tower, smart apartment hotel. He believed that the inflation of real estate values necessarily brought about by skyscrapers and the subsequent deflation of vast areas of "unimproved" ground, made for economic instability. Of tall architecture he said: "Most of our skyscrapers . . . [are] elongated packing boxes, the architecture of whose midriff sections...

Author: /time Magazine | Title: Sport: Death of Hastings | 11/4/1929 | See Source »

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