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Crédit Mobilier

(Société Générate du Crédit Mobilier), a large French joint-stock bank established in 1852. Its founders were the Perier brothers, financiers, and Fould, a banker.

The original capital assets of Crédit Mobilier amounted to 20 million gold francs, increased in 1866 to 120 million gold francs. The Crédit Mobilier financed railroad construction on a wide scale, competing with the family bank of Rothschild, which had monopolized this field, and it participated in the establishment of industrial companies and banks in France, Germany, Austria, and a number of other European countries. The principal operations of Crédit Mobilier were the issue of and speculation in stock shares in companies it established. Napoleon III protected the shady transactions of Crédit Mobilier, using the bank for his own purposes. The bank's chiefs sought “to make themselves the owner and Napoleon the Lesser the supreme dictator of all of France's diverse industry” (K. Marx in K. Marx and F. Engels, Soch., 2nd ed., vol. 12, p. 25). As a result of stock market speculations, the bank failed in 1867 and survived only through the aid of the Bank of France. In 1871, Crédit Mobilier was liquidated. Marx exposed the speculative nature of Credit Mobilier in three articles in the New York Daily Tribune in June-July 1856 (ibid., pp. 21–37).

K. A. SHTROM

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No references found	In 1873, as Tweed underwent trial and conviction and Mark Twain branded an entire era with the title of his novel The Gilded Age, the collapse of Jay Cooke's much-hyped Northern Pacific Railroad set off a financial panic and the Credit Mobilier revelations exposed the depth of corruption in President Ulysses Grant's administration. Who's the boss? by Quinn, Peter / Commonweal L'argent (Money) (1891) The eighteenth installment satirizes the Credit Mobilier scandal of 1872, which tainted those involved with the construction of America's Union Pacific Railroad. Emile Zola: if you ask me what I came to do in this world, I, an ... by Teisch, Jessica / Bookmarks The authors argue that opposition within Congress to the Salary Grab was part of a larger reform movement in the early 1870s, which also targeted other areas of government excess and corruption, like congressional franking, spoils-based civil service appointments, and the Credit Mobilier scandal. Development of the American Economy by NBER Reporter	Creator, the CREB CREB-binding protein Crébillon, Prosper Jolyot de Creche Crèche Creche-Kindergarten Crèche-Kindergarten Crecy Crécy Crécy, Battle Credé procedure credence Credentials Committee Credi, Lorenzo di Credit Credit and Monetary Crisis Credit Blockade credit bureau credit card Credit Discrimination Credit Du Nord Crédit Du Nord Credit Lyonnais Crédit Lyonnais Credit Mobilier Crédit Mobilier Crédit Mobilier of America Crédit Mobilier scandal Credit Policy Credit Reforms Credit Systems Credit Union credit, letter of Creditanstalt-Bankverein Crediting of Notes Creditor creditworthy crednerite Credo Cree Cree Walking-Out Ceremony creed Creed Printer creedite Creek Creek County Creek Green Corn Ceremony Creeks creekstone creel	Credit Line Increase Credit Line Increase Program credit lines credit lines credit lines Credit linked note Credit linked security Crédit Local de France Credit Lyonnais Credit Lyonnais Crédit Lyonnais Credit Lyonnais Asset Management Credit Lyonnais Bank Hungary Credit Lyonnais Bank Nederland NV Credit Lyonnais Securities Asia Credit Lyonnais Securities Europe Credit Management and Recovery Credit Management Corporation Credit Management Department Credit Management Research Centre Credit Management Solutions, Inc. Credit Management System Credit Management Training Program Credit Managers Association Credit market Credit Market Services Limited Credit Markets Research Fund Credit Mobilier Crédit Mobilier Crédit Mobilier Crédit Mobilier of America Crédit Mobilier of America scandal Crédit Mobilier of America scandal Crédit Mobilier of America scandal Crédit Mobilier scandal Crédit Mobilier scandal Crédit Municipal de Paris Crédit Municipal de Toulon Credit Mutuel Centre Est Europe Crédit Mutuel de Bretagne Crédit Mutuel du Sénégal Crédit Mutuel du Sud-Ouest Crédit Mutuel Enseignant Crédit Mutuel Loire-Atlantique, Centre-Ouest Crédit Mutuel Maine-Anjou, Basse-Normandie Crédit Mutuel Massif Central Crédit Mutuel Nord Atlantique Crédit Mutuel Nord Europe Crédit Mutuel Océan Credit note Credit note Credit note credit notes credit notes credit order Credit par acceptation Credit Participation Certificate Credit period

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In 1873, as Tweed underwent trial and conviction and Mark Twain branded an entire era with the title of his novel The Gilded Age, the collapse of Jay Cooke's much-hyped Northern Pacific Railroad set off a financial panic and the Credit Mobilier revelations exposed the depth of corruption in President Ulysses Grant's administration.

Who's the boss? by Quinn, Peter / Commonweal

L'argent (Money) (1891) The eighteenth installment satirizes the Credit Mobilier scandal of 1872, which tainted those involved with the construction of America's Union Pacific Railroad.

Emile Zola: if you ask me what I came to do in this world, I, an ... by Teisch, Jessica / Bookmarks

The authors argue that opposition within Congress to the Salary Grab was part of a larger reform movement in the early 1870s, which also targeted other areas of government excess and corruption, like congressional franking, spoils-based civil service appointments, and the Credit Mobilier scandal.

Development of the American Economy by NBER Reporter

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