Grant administration
To make money.
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.
Congressman Oakes Ames was the core player in the Credit Mobilier scandal, however, over 30 other individuals participated in the scandal. Oakes Ames and James Brooks were censured by a congressional investigation.
Illegal manipulations were made in the construction of the transcontinental railroad.
Credit mobilier.
union pacific
Grant administration
Crédit Mobilier
To make money.
A credit mobilier is a construction company set up by several stockholders of the Union Pacific
credit mobilier
Grant
credit mobilier
To make money.
Credit Mobilier
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