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The Credit Mobilier Scandal was a major political scandal in the United States during the 1870s involving the Union Pacific Railroad and a construction company, Credit Mobilier, which was established to build the railroad.
- Credit Mobilier affair
The Credit Mobilier affair was a significant political...
- Credit Mobilier
The Credit Mobilier scandal significantly shifted public...
- Credit Mobilier affair
The Credit Mobilier scandal significantly shifted public perception towards railroads, portraying them as corrupt entities profiting at taxpayers' expense. This heightened awareness led to calls for increased regulation and oversight of railroad companies to prevent similar abuses.
26 kwi 2010 · Learn about the Crédit Mobilier scandal of 1872-1873, one of the nation’s earliest political corruption scandals. Find out how Union Pacific Railroad executives bribed U.S. officials with fraudulent bonds and stocks to build the railroad and profit from it.
Crédit Mobilier Scandal, in U.S. history, illegal manipulation of contracts by a construction and finance company associated with the building of the Union Pacific Railroad (1865–69); the incident established Crédit Mobilier of America as a symbol of post-Civil War corruption.
Learn the definition and facts of the Credit Mobilier affair, a political scandal in the early 1870s involving Union Pacific Railroad and bribes. Find out how it relates to AP US History exam and study guides.
The Crédit Mobilier scandal (French pronunciation: [kʁedi mɔbilje]) was a two-part fraud conducted from 1864 to 1867 by the Union Pacific Railroad and the Crédit Mobilier of America construction company in the building of the eastern portion of the first transcontinental railroad from the Missouri River to Utah Territory.
In the Credit Mobilier Scandal, railroad executives created a fake company to bribe politicians and conduct fraud against the U.S. government. In the Whiskey Ring from 1871 to 1876, whiskey distillers bribed members of the Treasury to avoid taxes.
