A Credit Mobilier Primer
Nov 17, 2020
1 minute
—Robert B. Mitchell
Congress intended to promote construction of the transcontinental railroad with $48,000 in government-backed bonds and 6,400 acres in land grants for every mile of track laid. Despite the proffered federal largesse, investors stayed away because the law
You’re reading a preview, subscribe to read more.
Start your free 30 days