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aug 4, 1872 - Credit Mobilier Scandal

Description:

The Credit Mobilier scandal of 1872-1873 damaged the careers of several Gilded Age politicians. Major stockholders in the Union Pacific Railroad formed a company, the Crédit Mobilier of America, and gave it contracts to build the railroad. They sold or gave shares in this construction to influential congressmen.

Added to timeline:

Date:

aug 4, 1872
Now
~ 152 years ago

Images: