0
What else can I help you with?
The railroad companies financed the first transcontinental railroad by taking a loan through what company?
the union pacific and the central
What happened in the Credit Mobilier scandal?
Illegal manipulations were made in the construction of the transcontinental railroad.
What was the Credit Mobilier scandal?
A fake company set up by a railroad to make more money - APEX
What was the Credit Mobilier scandal about?
The scandal which took place for eight (8) years beginning in 1864 and coming to light in 1872 involved the Union Pacific Railroad (UPR) and the Credit Mobilier of America (CMA) company. Stock and cash bribes were paid to congressmen in order to overlook that the same owners of the UPR and CMA were constructing the railroad falsely representing the "independent" nature of UPR selecting the construction company for the building of the first Transcontinental Railroad. In essence, CMA and UPR conspired to charge the government far more than the cost to build the railroad in order to keep the profits to themselves.
What was the main purpose of Credit Mobilier?
The main purpose of Credit Mobilier, established in the 1860s, was to finance and construct the Union Pacific Railroad during the westward expansion in the United States. It served as a construction company that facilitated the building of the railroad, while also allowing investors to profit from the venture. However, it became infamous for its corrupt practices, including bribing politicians and inflating costs to maximize profits, which ultimately led to a major political scandal.
If you wanted to construct a new transcontinental railroad what senate committee would you belong to?
You would likely belong to the Senate Committee on Commerce, Science, and Transportation, as they oversee matters related to infrastructure and transportation, which would include the construction of a new transcontinental railroad.
Did people die while trying to construct the transcontinental railroad?
""""""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""' """"""""""""""""""""''""""'
How did the government help construct the transcontinental railroad?
people celebrated when the railroad was complete! :D
When did the Chinese build the railroad?
The Chinese started building the Transcontinental railroad in 1863 and the Transcontinental railroad was finished in 1869.
Which statement is falseThe first transcontinental railroad was completed in 1869?
The first transcontinental railroad was funded with government money.
What part the ''big four'' play in the building of the transcontinental railroad?
why did they build the transcontinental railroad
What is the transcontinental railroad-?
a railroad that runs across the contient... the transcontinental railroad is a railroad that reaches from North Carolina to California.
What was the transcontinental railroad act?
The Transcontinental Railroad Acts, also known as the Pacific Railroad acts, were acts passed in the early 1860s to encourage the construction of the transcontinental railroad. Construction was incentivized by giving land and bonds to the railroad companies.
Who thought of the transcontinental railroad?
Asa Whitney thought of the Transcontinental Railroad after the Lewis and Clark expedition.
Were did the transcontinental railroad end?
The transcontinental railroad ended in Utah with a golden spike and bronze spike.
The transcontinental railroad was finished in what year?
The Transcontinental Railroad was finished on May 10, 1869.
The new Pacific Railroad was a transcontinental railway. What does that mean?
the new pacific railroad was a transcontinental railway what does that mean?
