Question

The Credit Mobilier scandal of the 1860s centered around a government and business scheme to A) take land from American Indians in Arizona and New Mexico in order to mine for gold. B) acquire loans from the Federal government with no intention on ever repaying the money. C) defraud stockholders and the government of millions of dollars meant for the Transcontinental Railroad. D) illegally acquire massive amounts of oil that the government was reserving exclusively for military purposes.

Answer 1

the correct ANSWER IS C

(DEFRAUD TAX HOLDERS AND THE GOVERNMENT OF MILLIONS OF DOLLARS MEANT FOR THE TRANSCONTINENTAL RAILROAD).

sorry for the caps lock i just noticed it D:

hope this helps have a great day ^_^

Answer 2

The correct answer is C. The Credit Mobiier scandal of the 1860s centered around a government and business scheme to defraud stockholders and the government of millions of dollars meant for the Transcontinental Railroad.

Step-by-step explanation:

The Credit Mobilier scandal was a political scandal in the United States in the early 1870s. The scandal was linked to the construction company Credit Mobilier of America, which was carrying out construction work for the Union Pacific Railroad, which received state aid. A number of US congressmen were shareholders in Credit Mobilier of America, which raised doubts that the congressional shareholders had used their position in Congress to undermine regulatory control over the company.

Although several congressmen were involved in the scandal, only two congressmen were eventually found guilty of the incident.