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Union Pacific Railroad in 1864, vice president Shuyler Colfax, and congressman James Garfield involved in Credit Mobilier.
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∙ 13y ago
Wiki User
∙ 13y agoJames Garfield.
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What were the consequences for the people involved in the Tweed Ring scandal?
The Crédit Mobilier scandal involved "Boss" Tweed and the Tweed Ring.
Who was involved in credit mobilier and what was the purpose?
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.
Who is not related to the money supply during the Gilded Age?
credit mobilier
Which of these happened last credit Mobilier panic of 1873 Dawes act?
Dawes Act
During President Grant's term of office what was one of the most serious scandals?
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.
The Whiskey Ring and Crdit Mobilier scandals involved which presidents?
The Whiskey Ring and the Credit Mobilier scandal was only under the President Ulysses S. Grant.
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 were the consequences for the people involved in the Tweed Ring scandal?
The Crédit Mobilier scandal involved "Boss" Tweed and the Tweed Ring.
The Credit Mobilier Scandal involved kickbacks and government corruption associated with the?
Construction of the First Transcontinental Railroad.
What president was involved in the credit mobiler scandal?
U. S. was president when the Credit Mobilier scandal broke and some of his friends were involved.
Who was involved in credit mobilier and what was the purpose?
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.
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.
Construction company of scheming stockholders?
Credit mobilier.
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 was the credit mobile scandal?
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.
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
