Drag each tile to the correct location.

Match each characteristic to the scandal it describes.

Crédit Mobilier

Financial Panic

The Union Pacific Railroad company
was involved in the scandal.

Congressmen accepted bribes
In the form of stock shares.

Gould and Fisk bought a huge supply
of gold in New York City.

President Grant decided to sell
$4 million in gold from the
federal reserves.

The New York Sun exposed
the story in 1872

Answer:

The Credit Mobilier:

- The Union Pacific Railroad Company was involved in the scandal.

- Congressmen accepted bribes in the form of stock shared.

- The New York Sun exposed the story in 1872.

Financial Panic:

- Gould and Fisk bought a huge supply of gold in New York City.

- President Grant decided to sell $4 million in gold from the federal reserves.

Explanation: N/A

The Credit Mobilier:

Financial Panic:

The Crédit Mobilier scam was a two-part fraud committed between 1864 and 1867 by the Union Pacific Railroad and the construction firm Crédit Mobilier of America in the construction of the First transcontinental railroad's eastern section. The New York Sun broke the news during Ulysses S. Grant's 1872 campaign.

In truth, Crédit Mobilier was established to defend the company's owners and management from the accusation that they were making money during the project's building rather than throughout its operation. The conspirators established the fictitious corporation in order to charge the U.S. government exorbitant fees and costs during the construction of the railroad since they thought they could not expect to make traditional profits from its operation.

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