A construction company call Credit Mobilier was own by Union Pacific stockholders who was give them a huge contract to build 1,074 km train track. They were ａ given a huge contract because the construction company was funneling money from Union Pacific. The Union Pacific was a company that owns the majority of the stock at the time. The company also gave cheap shares of stock to members of Congress who agreed to support additional funding. With the money the Union Pacific was getting from the government funds, and subsidies, they union pacific were making a lot of money.
In 1867 a congressional representative name Oakes Ames were allowed members of Congress to purchase shares at face rather than market value, those are the same people who voted the government funds to cover the inflated charges of Credit Mobilier. When the police were investing this case they found that the company had given stocks to over thirty representatives of both parties. Some of the members of congress that were involve in this scandal included Schuyler Colfax, James W. Patterson ,Henry Wilson and James A. Garfield. When Garfield was running for president he decline these charges and went on becoming the twentieth president of the United Stated.
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