Credit Mobilier Scandal: The Birth of the Gilded Age
On September 4, 1872, the New York Sun published a blockbuster exposé under the headline “The King of Frauds,” revealing a massive corruption scheme involving Union Pacific Railroad executives, a dummy construction company called Credit Mobilier of America, and approximately one dozen …
Oakes Ames
Schuyler Colfax
Union Pacific Railroad
Credit Mobilier of America
Ulysses S. Grant Administration
systematic-corruption
institutional-capture
infrastructure-profiteering
congressional-bribery
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