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Why The Goverment should repo Union Pacific!
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[quote]QUOTE: <i>Originally posted by trainfinder22</i> <br /><br />I dont think they ever paid back the money they stole[}:)][:(!] <br />Here is a document that proves it[}:)] <br />http://www.uprr.org/Museum/Reports/pictures/capture_00060.html <br />[/quote] <br />No, Thomas Durant spent quite a few of the dollars in his attempt to buy the Adirondacks. He died down in North Creek, where a scenic railroad today runs over tracks he built into the wilderness and where, one assumes visitors might spit on his grave. <br /> <br />The UP wasn't directly involved in the scandal. The Credit Mobilier was the separate company Durant and his fellow conspirators set up to do the actual construction, for which they billed the UP for far more than the actual costs, pocketing the difference. Why didn't the government repo the RR then? Well, for one thing, it was nearly bankrupt as a result of the overcharges by the Credit Mobilier, for another, influential members of Congress were implicated, including the Republican Speaker of the House, future President James Garfield and a host of others. They all had been given stock or bought it at sweetheart rates. The resulting investigation if I recall correctly, led to the removal of only one member from Congress with the rest getting away with selling their votes involving expenditures. <br /> <br />It is probably a little late in the game to consider calling in the repo man but if you do, follow the money and see if we can get some land back from his heirs. <br /> <br />Wayne <br /> <br />
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