As Time magazine pointed out, in retrospect the blame has been attributed variously to "greedy speculators, Wall Street manipulators, gold merchants, and a carnival of other scapegoats."
Timeline
1914: On the Western Front, the first battles of the Marne and Ypres establish a line that will more or less hold for the next four years.
1919: Treaty of Versailles signed by the Allies and Germany, but rejected by the U.S. Senate. This is due in part to rancor between President Woodrow Wilson and Republican Senate leaders, and in part to concerns over Wilson's plan to commit the United States to the newly established League of Nations and other international duties. Not until 1921 will Congress formally end U.S. participation in the war, but it will never agree to join the League.
1924: In the United States, Secretary of the Interior Albert B. Fall, along with oil company executives Harry Sinclair and Edward L. Doheny, is charged with conspiracy and bribery in making fraudulent leases of U.S. Navy oil reserves at Teapot Dome, Wyoming. The resulting Teapot Dome scandal clouds the administration of President Warren G. Harding.
1927: Charles A.
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