Final answer:
False. Crédit Mobilier was involved in a fraudulent overcharging scheme during the construction of the first transcontinental railroad and bribed government officials to avoid scrutiny, pointing to corruption in the government.
Step-by-step explanation:
The statement that Crédit Mobilier was a construction company that supported honesty and equality for railroad companies is false. Crédit Mobilier, created by Union Pacific Railroad executives, was actually involved in a major scandal during the construction of the first transcontinental railroad. It fraudulently overcharged for the cost of construction and used those funds to buy Union Pacific Railroad bonds, which were then sold at a large profit. This scheme also involved the payment of funds to certain members of Congress and the Vice President to avoid an inquiry, which pointed to corruption within the government.