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  • Crédit Mobilier scandal - Wikipedia
    Crédit Mobilier of America was a deliberate façade Train and Durant aimed to present to both the government and to the public the appearance that an independent corporate enterprise had been impartially chosen as the principal contractor and construction management firm for the project
  • Credit Mobilier Scandal - Britannica Money
    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
  • The Crédit Mobilier Scandal - Library of Congress
    To build the railroad, Union Pacific got money from the government, contracting with their company Crédit Mobilier to actually do the work Crédit Mobilier, in turn, overcharged Union Pacific, and those profits were divided among investors who were also involved with Union Pacific
  • Crédit Mobilier - Definition, Purpose Significance | HISTORY
    The Crédit Mobilier scandal of 1872-1873 damaged the careers of several Gilded Age politicians
  • The Crédit Mobilier Scandal | American Experience | PBS
    In essence, Durant hired himself to construct the railroad, paying Crédit Mobilier with money given to the Union Pacific by government bonds and risk-taking investors He subcontracted railroad
  • Credit Mobilier Scandal - U-S-History. com
    The vehicle for this fraud was a company called Credit Mobilier of America The method was to have Credit Mobilier, which was entirely controlled by the same people, bill the Union Pacific for the costs of constructing the railroad
  • The Crédit Mobilier Scandal - History, Art Archives of the U. S . . .
    On this date, the New York Sun exposed the Crédit Mobilier scandal Crédit Mobilier was a sham construction company chartered to build the Union Pacific Railroad by financing it with unmarketable bonds
  • It Was Bad Last Time Too: The Crédit Mobilier Scandal of 1872
    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
  • Crédit mobilier: US History – 1865 to Present Study Guide. . .
    Crédit Mobilier was a French investment banking company that played a significant role in financing the construction of the Union Pacific Railroad during the 1860s
  • The Credit Mobilier Scandal - ThoughtCo
    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





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