McAdoo was again a candidate for the Democratic presidential nomination in 1924 . Widely regarded as the front-runner in 1923 , McAdoo 's candidacy was badly hurt by the revelation that he had previously accepted a $ 25,000 contribution from Edward L. Doheny , an oil tycoon implicated in 1922 in the Teapot Dome scandal . McAdoo had returned the normal-course contribution once he learned of Doheny 's possible bribes to Secretary of the Interior Albert Bacon Fall to get oil leases . At the 1924 Democratic National Convention , McAdoo received the votes of the Ku Klux Klan , he did not repudiate the KKK and this set the Catholic vote against him . Despite the Doheny and KKK issues , McAdoo led after the first ballot of the convention , and on dozens of ballots thereafter , before John W. Davis won the Democratic presidential nomination on the 103rd ballot
1924 Democratic National Convention
1924 Democratic National Convention
William Gibbs McAdoo