5. Involved speculators Jim Fisk and Jay Gould
during Grant administration
Tried to corner gold market; bought large
amounts of gold—causing prices to rise
Investigation chaired by Rep. James Garfield
Grant not directly involved; but administration
known as “Era of Good Stealings”
7. Grant signed law increasing POTUS salary;
Raised pay for Congress by 50%
Gave Congress $5,000 in bonus pay for 2 years
Bonuses eventually returned toTreasury
Pay raises as amendment to appropriations bill
9. Hires John Sanborn, a
private citizen, to collect
Sanborn gets 50%
commission and splits
money with associates.
and contracts abolished.Secretary of theTreasury
11. INTERIOR SECRETARY
Interior Department prone to
Delano gave map-making
contracts to family, though
not qualified for position
Paid fake Patent Office clerks
BIA and “Indian Attorneys”
13. Williams, as head of DOJ, routinely
Pratt & Boyd underwent
questionable customs house
Senate Judiciary Cmte. finds
Williams dropped case due to
Funds also used to pay for carriage
and household expenses.
15. Conspiracy involving govt. agents, politicians,
whiskey distillers, and distributors.
Bribed IRS and others to keep liquor taxes.
Secretary ofTreasury exposed Ring
Public interested by tax money being used by
Republicans to reelect Grant.
17. Union Pacific Railroad formed fake company,
Credit Mobiler, and gave itself railroad contracts
Members of Congress bought stock shares in
Credit Mobiler at below-market value
Subsidies for railroad builders-huge profits in process.
Investigation led to censures for congressmen
Illustrates corruption in Gilded Age politics.
21. Charles Keating, Jr.
Savings and Loan
Keating gave money
to politicians and
wanted their help to
avoid federal seizure
by Ethics Cmte.
23. GAO detailed House practice
letting members write overdraft
checks without penalty.
Members wrote 8,000
bad checks in one year.
Names released publicly
during probe by
House Ethics Committee.