Search results
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.
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 ...
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.
Grant, with a new running mate, won the election of 1872, but most historians agree that the Crédit Mobilier scandal, the first of many to be exposed during Grant’s second term, played a significant role in bringing on the panic of 1873.
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 scandal erupted in 1872 when the details of the Crédit Mobilier Company became an issue of the presidential campaign of that year. Several important officials were involved including vice presidential candidate Henry Wilson , incumbent vice president Schyler Colfax, future president and member of the House of Representatives james a ...
The Crédit Mobilier Scandal. The Levi Leonard Papers, The University of Iowa Libraries, Iowa City, Iowa. For Union Pacific executive Thomas Durant, it was a money-making machine. It was a...
