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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.
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.
26 kwi 2010 · The Crédit Mobilier scandal of 1872‑1873 damaged the careers of several Gilded Age politicians. Major stockholders in the Union Pacific Railroad formed a company, the Crédit Mobilier of ...
25 lut 2022 · The Crédit Mobilier Scandal was a complex fraud conducted from 1864 to 1867 by executives of the Union Pacific Railroad and a fictitious company called Crédit Mobilier of America in the building of the Transcontinental Railroad.
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.
The Crédit Mobilier affair, which had its early beginnings in 1864 but was not publicly investigated until 1873, is an example of the corrupt practices that characterized the period. In 1864, Thomas C. Durant, an administrator of the Union Pacific Railroad, bought the Pennsylvania Fiscal Agency, which was chartered in 1859.
4 dni temu · Overview. Credit Mobilier Scandal. Quick Reference. (1872–73) In the boom years after the Civil War, Congress made large land grants and appropriated funds to help the privately owned Union Pacific Railroad build a transcontinental railroad line. ... From: Credit Mobilier Scandal in The Oxford Guide to the United States Government »
