Union Pacific Railroad in 1864, vice president Shuyler Colfax, and congressman James Garfield involved in Credit Mobilier.
credit mobilier
Dawes Act
The Crédit Mobilier scandal involved "Boss" Tweed and the Tweed Ring.
The Credit Mobilier scandal was one. Credit Mobilier was a holding company that managed to skim off money from the build of the Union Pacific Railroad. In order to stave off investigation, the sold stock at a large discount from market to members of Congress.
People involved: Union Pacific Railroad in 1864, vice president Shuyler Colfax, and congressman James Garfield involved in Credit Mobilier. Purpose: obtain powerful political positions for its shareholders
To make money.
To make money.
Union Pacific Railroad in 1864, vice president Shuyler Colfax, and congressman James Garfield involved in Credit Mobilier.
Credit mobilier.
U. S. was president when the Credit Mobilier scandal broke and some of his friends were involved.
The Whiskey Ring and the Credit Mobilier scandal was only under the President Ulysses S. Grant.
Construction of the First Transcontinental Railroad.
The Credit Mobilier scandal which occurred in 1872 involved arguments with Union Pacific resulting from the building of the western part of the Transcontinental Railroad. The problems originated in 1864 during the presidency of Abraham Lincoln.
The Credit Mobilier scandal involved the Credit Mobilier Company and the Union Pacific Railroad. Both were chartered in 1864. In 1868, Congressman Oakes Ames distributed shares of Credit Mobilier stock, as well as made cash bribes to other congressmen. The Sun, a New York newspaper, broke the story of the scandal during the 1872 presidential campaign of Ulysses Grant.
Known as the Credit Mobilier Scandal, this involved the Union Pacific railroad.
Known as the Credit Mobilier Scandal, this involved the Union Pacific railroad.