Credit Mobilier Scandal Overview
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Questions and Answers

What was Credit Mobilier?

  • A political party in the United States
  • A bank that funded the Civil War
  • A joint-stock company organized to build the Union Pacific Railroad (correct)
  • A revolutionary war group
  • Who owned Credit Mobilier?

    Oakes Ames

    Which of the following individuals were involved in the bribery related to the Credit Mobilier scandal? (Select all that apply)

  • Henry Wilson (correct)
  • Schuyler Colfax (correct)
  • Ulysses S. Grant
  • James Blaine (correct)
  • Who founded Credit Mobilier?

    <p>George Francis Train and Thomas C. Durant</p> Signup and view all the answers

    Who was Aaron F. Perry?

    <p>Chief investigator during the Credit Mobilier scandal for the government</p> Signup and view all the answers

    The newspaper article that exposed the scandal was called 'The ______ of Frauds.'

    <p>King</p> Signup and view all the answers

    Who leaked information about Credit Mobilier to the press?

    <p>Henry Simpson McComb</p> Signup and view all the answers

    What impression did James A. Bayard Jr.'s name being submitted under investigation give?

    <p>That the transgression was not carried out completely by Republicans</p> Signup and view all the answers

    Who was censured along with Oakes Ames for their involvement in Credit Mobilier?

    <p>James Brooks</p> Signup and view all the answers

    Study Notes

    Credit Mobilier

    • Established as a joint-stock company in 1863, reorganized in 1867 specifically for constructing the Union Pacific Railroad.
    • In 1872, embroiled in a scandal due to alleged bribery involving government officials connected to inflated railroad construction costs.

    Oakes Ames

    • Owner of Credit Mobilier, notorious for distributing company stock to Congressional members.
    • Engaged in these practices to secure favorable votes on railroad contracts.

    Key Figures Involved in Bribery

    • Schuyler Colfax: Former Speaker of the House; later became Vice President under Grant.
    • Henry Wilson: Elected as Vice President for the 1872 presidential race after Colfax.
    • James Blaine: Involved in controversies uncovered by the Mulligan Letters.

    Founders of Credit Mobilier

    • George Francis Train and Thomas C. Durant recognized as the founders of Credit Mobilier of America.

    Political Deception

    • James A. Bayard Jr.: Democrat implicated in the investigation to suggest bipartisan involvement, although the scandal predominantly involved Republicans.

    Investigation Leadership

    • Aaron F. Perry served as the chief investigator for the Credit Mobilier scandal on behalf of the government.

    Exposure of the Scandal

    • Dubbed "The King of Frauds" by an anti-Grant newspaper, the Sun; this article played a pivotal role in revealing the scandal to the public.

    Whistleblower

    • Henry Simpson McComb was the individual who leaked information about Credit Mobilier to the press, facilitating the exposure.

    Censured Involvement

    • James Brooks faced censure for his role in Credit Mobilier, alongside Oakes Ames, highlighting political accountability.

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    Description

    Explore the intricate details of the Credit Mobilier scandal, a significant event in American history involving bribery and corruption in the railroad industry. This quiz covers key figures like Oakes Ames and Schuyler Colfax, and examines the impact of their actions on politics and the economy during the 19th century.

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