Credit Mobilier - the first great lobbying effort

Credit Mobilier was a company organized by George Francis Train, the vice-president in charge of publicity for the Union Pacific Railroad Company for the construction of the westward portion of the transcontinental railroad. It was the first limited liability company. Shares of CM were given away to congressmen to influence their votes in favor of the UP in it's efforts. The scandal broke and the collapse of CM caused great financial losses.

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after reading Stephen Ambrose's "Nothing Like It in the World" I wrote the song CPRR, you can hear it at this link click here then click on CPRR (Central Pacific Rail Road)