1924 United States presidential election in Utah 1924 United States presidential election in Utah The 1924 United States presidential election in Utah took place on November 4, 1924. All contemporary forty-eight states took part, and Utah voters selected four voters to the Electoral College, who voted for president and vice president. Rapid recovery of the economy from a sharp recession following World War I transformed the 1920s into a strongly Republican decade. Even the problematic issue of a farm depression had eased by the time of the election as prices recovered. It was also widely thought that the Teapot Dome scandal could do nothing to revive the
Salad Oil scandal mostly filled with water, with only a few feet of salad oil on top. Since the oil floated on top of the water, it appeared to inspectors that these ships were loaded with oil. The company even transferred oil between different tanks while entertaining the inspectors at lunch. In all, Allied claimed to have 1.8 billion pounds of soybean oil, when it actually only had 110 million pounds. The claimed inventory was the basis for the company raising $180 million from investors. Once the scandal was exposed – because the Russian soybean market did not open up, and soybean prices