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To make money.
Grant administration
he build up the Union Pacific bridge
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.
To make money.
To make money.
Credit mobilier.
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
union pacific
Grant administration
Crédit Mobilier
The union pacific railroad was involved and the plan was to pay a huge sum for work and secure the bonds loaned by the US government.
he build up the Union Pacific bridge
A credit mobilier is a construction company set up by several stockholders of the Union Pacific
Grant
Credit Mobilier