History Of The Credit Mobilizer Scandal

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The Industrial Revolution was a prosperous time for the western civilizations beginning in 1760 and ending between 1840 and 1860. The invention of railroads began in England, but was brought to the United States in the early 1800’s. In 1815, Colonel John Stevens got the first railroad charter with New Jersey Railroad Company, although a single train track was not laid until 1832 (www.american-rails.com/railroad-history.html). Therefore, the Baltimore and Ohio Railroad Company built the first railroad in 1827. The machine was purchased from the Stephenson Works in England. The South Carolina Canal and Railroad Company went on to begin to construct railroads a few months after the Baltimore and Ohio Railroad Company. The South Carolina Company …show more content…

The destruction of natural resources included those that were a staple to the Native American diets. Their diet included buffalo, which were almost placed into extinction since the Americans killed the animals for fun most of the time. This action le to the deaths of many tribes from malnutrition (education-portal.com/academy/lesson/transcontinental-railroad). The tribe became frustrated with the whites, so as a result they began to attack and kill the Irish …show more content…

The Credit Mobilizer Scandal took place in 1872 and involved the Union Pacific Company. The company’s investors rewarded construction contracts to themselves, therefore making themselves richer and almost bankrupting the railroad (www.ehow.com/infor_8209990_effects-transcontinental-railroad.html). The plotters of the scandal were not given consequences for this scandal. The scandal most likely resulted in the railroads not being able to be maintained since the company had stolen over one hundred and eighty million dollar, the deterioration of the railroads and locomotives was so horrible to the point where the speeds of the trains dropped from twenty-five miles per hour to ten miles per hour. The owners became negligent to the machines after the Civil War, the deterioration most likely resulted in a loss of revenue since people could not get to destinations as fast as they pleased and the price of tickets probably increased as well. Railroad crews were also no communicated with them there were locomotive accidents as a result of the employers not caring for their employees (www.civilwar.org/education/history/warfare-and-loistics/ralroads.html). The little government intervention and/or the lack of a union for the railroad employees resulted in the suffering of the public by putting them in danger when interchanges for traffic would not function (www.american-rails.com/railroad-history.html). The workers