Corrupt practices common in the late-nineteenth-century railroad industry included

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All of these practices were common in the late-nineteenth-century railroad industry. "Stock watering" involved inflating the value of a company's assets on its financial statements. Bribing judges and legislators allowed railroad companies to manipulate laws in their favor. "Pools" were agreements between different companies to fix prices and share profits. Secret rebates and kickbacks were given to favored shippers and customers as a way to secure business. Distributing free passes to journalists and politicians allowed companies to influence public opinion and gain favorable coverage.

Corrupt Practices Common in the Late-Nineteenth-Century Railroad Industry Included