Rowland Hazard / Credit Mobilier of America paper read before the Rhode 1st ed

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Author:Hazard, Rowland
Publisher:Sidney S. Rider
Year Printed:1881
Special Attributes:1st Edition
Binding:Softcover, Wraps
Language:English
Subject:Americana
Original/Facsimile:Original

The Credit Mobilier of America. A paper read before the Rhode Island Historical Society, Tuesday evening, February 22, 1881 Author: Hazard, Rowland Title: The Credit Mobilier of America. A paper read before the Rhode Island Historical Society, Tuesday evening, February 22, 1881 Publication: Providence: Sidney S. Rider, 1881 Description: First edition, 8vo, pp. 42; original printed gray wrappers; wrappers a touch soiled and an old accession label at the bottom of the front wrapper; all else near fine. Wikipedia notes that the Crédit Mobilier scandal of 1867, which came to public attention in 1872, was a two-part fraud by the Union Pacific Railroad and the Crédit Mobilier of America construction company in the building of the eastern portion of the First Transcontinental Railroad. First, a fraudulent company, Crédit Mobilier, was created by Union Pacific executives to greatly inflate construction costs. Though the railroad cost only $50 million to build, Crédit Mobilier billed $94 million to Union Pacific, and Union Pacific executives pocketed the excess $44 million. The second part involved using part of the excess cash and $9 million in discounted stock to bribe several Washington politicians for laws and regulatory rulings favorable to the Union Pacific. The scandal negatively affected the careers of many politicians and nearly bankrupted Union Pacific. Seller ID: 56381 Subject: Americana Rulon-Miller Books buys and sells rare, fine and unusual books in many fields, with an emphasis on language, early and unusual printing, voyages and travel, archives, and appraisal services. Catalogs issued regularly. We are members of the Antiquarian Booksellers’ Association of America (ABAA). Guarantee All books are guaranteed genuine as described, and are returnable for any reason during the two weeks after receipt. Please notify us as soon as possible if an item is being returned, so that we might make it available to another customer. Shipping We are happy to ship to buyers outside of the United States. Please contact us for an exact shipping quote. All books shipped to US destinations are sent US Post Office Media Mail. We are happy to send via Priority Mail upon request for the cost of shipping. Priority delivery typically takes 3 to 5 days, but may be longer, especially during the holidays. Faster shipping is available, please contact us for a price quote. For international purchases please contact us directly. We will combine shipping on items purchased at the same time. Feedback We leave feedback for buyers once they have posted feedback for us. If you are unhappy with any aspect of a transaction with us, please contact us immediately. We work hard to keep buyers happy and to resolve the rare problem promptly.This listing was created by Bibliopolis.

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