Who replaced Thomas Durant as head of Crédit Mobilier?

• A. Henry W. Grady
• B. James A. Bonsack
• C. Oakes Ames
• D. Charles Schwab

Answer: (C)

Oakes Ames replaced Thomas Durant as head of Crédit Mobilier. Ames was a significant figure in the history of Crédit Mobilier, a company involved in the construction of the Union Pacific Railroad during the late 19th century. He played a pivotal role in the company's operations and decisions following Durant's leadership.

Under Ames, Crédit Mobilier faced numerous challenges, including scrutiny over its practices and the influence it wielded in politics, especially in relation to Congressional figures who were involved in railroad financing and construction. Ames' leadership was marked by ongoing controversies linked to corruption, particularly due to the company's involvement in taking advantage of government contracts.

The other individuals listed were involved in their respective fields but did not hold the position of head of Crédit Mobilier after Durant. Henry W. Grady was a prominent journalist and orator known for his advocacy of the New South, while James A. Bonsack was known for his invention related to the tobacco industry. Charles Schwab was notable in the steel industry and as a businessman but was not connected to Crédit Mobilier's leadership during that period.