The Credit Mobilier of America: A Paper Read Before the Rhode Island Historical Society
Sidney S. Rider
Rowland G. Hazard was a Rhode Island industrialist and politician. He spent much of his final years in business dealing with the wreckage of the Credit Mobilier, which he wrote about in this paper. Credit Mobilier was the construction company of the Union Pacific and a vehicle for financial manipulation and bribery. When the scandal broke in 1872, it damaged the reputation of the Union Pacific, its officers, and members of Grant Administration and Congress.