The Tangled Webs of the Crédit Mobilier Scandal
Words: 530 1804The history of the United States is littered with episodes that combine entrepreneurial zeal with political corruption. One standout chapter in this storied past is the Crédit Mobilier scandal of the early 1870s. Delving into this episode, we find a fusion of corporate overreach and political connivance that shook the very foundations of the budding American democracy and highlighted the challenges of a rapidly industrializing nation. The backdrop to the scandal was the construction of the First Transcontinental Railroad, an […]