22-10-2020
History

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How did the American public react to the Credit Mobilier scandal? Why?

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shresthatina08 shresthatina08

22-10-2020

Answer:

The Crédit 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.

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