The building of the transcontinental railroads resulted in an orgy of political corruption. The public lands and the natural resources of coal, of iron, and of timber were lavishly wasted in the great scramble for wealth and material power. The carnival of waste and plunder reached its climax about 1890. Evidences were abundant that the great business interests of the country were controlling the government for their own private benefit. The capitalists who financed the railroads, mines, mills, packing houses, grain elevators, and other great enterprises, received from Congress favors which destroyed competition and enormously increased private fortunes.