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What is the credit mobilier?
A credit mobilier is a construction company set up by several stockholders of the Union Pacific
Who was involved in credit mobilier and what was the purpose of this company?
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
What was the Credit Mobilier scandal of 1872 about in America?
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.
Who made sure a continental railroad would be built?
Congress, railroad barons, banks, and investors.
When was the us railroad built?
The first U.S. railroad line opened and ran in 1830 in Baltimore, Maryland.
When was the Credit Mobilier?
a fake company set up by a railroad to make more money.
What happened in the Credit Mobilier scandal?
Illegal manipulations were made in the construction of the transcontinental railroad.
In which example of corruption under president grant did the Union Pacific Railroad use government money to make money from its own stock?
Crédit Mobilier
What is the credit mobilier?
A credit mobilier is a construction company set up by several stockholders of the Union Pacific
Who was involved in Crédit Mobilier?
Union Pacific Railroad in 1864, vice president Shuyler Colfax, and congressman James Garfield involved in Credit Mobilier.
The Credit Mobilier Scandal involved kickbacks and government corruption associated with the?
Construction of the First Transcontinental Railroad.
What railroad company was at center of one of the biggest scandals of president grants presidency?
Known as the Credit Mobilier Scandal, this involved the Union Pacific railroad.
What railroad company was at the center of one of the biggest scandal's of President grants presidency?
Known as the Credit Mobilier Scandal, this involved the Union Pacific railroad.
What wa the name of the railroad construction scandal that caused president grant problems in 1872?
Credit Mobilier Scandal
Construction company of scheming stockholders?
Credit mobilier.
Who was involved in credit mobilier and what was the purpose of this company?
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
What was the Credit Mobilier scandal of 1872 about in America?
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.
