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The Credit Mobilier of America its origin and history, its work of constructing the Union Pacific railroad and the relation of members of Congress therewith by Jay Boyd Crawford

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Published by C. W. Calkins & Co. in Boston .
Written in English

Subjects:

  • Ames, Oakes, 1804-1873.,
  • Credit Mobilier of America.

Book details:

The Physical Object
Paginationviii, 229 p.
Number of Pages229
ID Numbers
Open LibraryOL24183538M
OCLC/WorldCa1081242

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The Credit Mobilier of America: Its Origin and History, Its Work of Constructing the Union Pacific Railroad and the Relation of Members of Congress [Crawford, Jay Boyd] on *FREE* shipping on qualifying offers. The Credit Mobilier of America: Its Origin and History, Its Work of Constructing the Union Pacific Railroad and the Relation of Members of Congress. APUSH Chapter 24 Vocabulary. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match. Gravity. Created by. patattack. mr barberree ch Terms in this set (43) Credit Mobilier. the scandal in which Union Pacific executives formed their own railroad construction company, then hired and overpaid themselves to build their own railroad. The Levi Leonard Papers, The University of Iowa Libraries, Iowa City, Iowa. For Union Pacific executive Thomas Durant, it was a money-making machine. It was a revolutionary business model Author: American Experience. Durant chartered a company named Crédit Mobilier of America to garner profits from railroad construction, guaranteeing he and other insiders would realize a fortune from the railroad without.

Get this from a library! The Credit Mobilier of America, a paper read before the Rhode Island Historical Society, Tuesday evening, Febru ,. [Rowland Hazard; Rhode Island Historical Society.; YA Pamphlet Collection (Library of Congress)].   See J. B. Crawford, The Crédit Mobilier of America (Boston, ), and R. Hazard, The Crédit Mobilier of America (Providence, ), both of which defend Ames; also the histories of the Union Pacific Railroad Company by J. P. Davis (Chicago, ) and H. K. White (Chicago, ); and for a succinct and impartial account, James Ford Rhodes, History of the United States, vol. vii. Get this from a library! The Credit Mobilier of America; its origin and history, its work of constructing the Union Pacific Railroad and the relation of members of Congress therewith.. [Jay Boyd Crawford].   The misdeeds of Iran-contra did not much resemble the turpitude of, say, the Crédit Mobilier episode, even if they did have a great deal in common .

A scandal between the Union Pacific Railroad and Crédit Mobilier of America. This scandal erupted in when Union Pacific Railroad insiders formed the Credit Mobilier construction company and then hired themselves at inflated prices to build the railroad line, earning high dividends. When it was found out that government officials were paid to stay quiet about the illicit business, some. GILDED AGE IMPACT OF RAILROADS ON AMERICA DURING THE GILDED AGE Benefits Stimulated growth of other industries (steel, iron, coal, western farmers Credit Mobilier Scandal Union Pacific Fake construction company Bribed members of Congress Represented corruption of period View Corruption in Railroads. "The Credit Mobilier scandal of damaged the careers of several Gilded Age politicians. Major stockholders in the Union Pacific Railroad formed a company, the Credit Mobilier of America, and gave it contracts to build the railroad. They sold or gave shares in this construction to influential congressmen. Book/Printed Material Report of the Select Committee of the House of Representatives, appointed under the resolution of January 6, , to make inquiry in relation to the affairs of the Union Pacific Railroad Company, the Credit Mobilier of America, and other matters specified in said resolution and in other resolutions referred to said Committee.