St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-31
FINANCIERS TALK.
The Death of Mr.. Window Dis
cussed in Wall Street.

The Death of Mr.. Window Dis
cussed in Wall Street.
New YORK, Jan. 30.-The death of
MI. Window was much discussed in
Wall street to-day among bankers and
brokers, some of whom were present at
the dinner of the board of trade and
transportation last night. His address
and especially his strong argument
against free coinage-met with practi-
cally unanimous acceptance by every
representative of Wall street who heard
or read it, and his death Immediately
afterwards deepened the impression
which his words created. Said j. Ed
ward Simmons, president OF the Fourth
National bank:
ut was the strongest plea for sound
finance | ever listened to-"
George Wilson. secretary of the
chamber of commerce:
cit was an unanswerable arraignment
of the silver craze"
Henry Henry, chairman Of the eXecu-
tive committee of the chamber of COM
merce:
His address could not have been
sounder in the financial part"
Watson B. Dickerman, president of
the stock exchange:
.'His attack OH free coinage was in
consonance with the views of Wall
street, and was worded in mastery
manner"
Eff. Hyde. vice president of the Cen
trail Trust company:
1.-The people believed that they knew
what Secretary WINDOWS position was,
and could calculate on what action he
would take in regard to financial mat
tiers. This knowledge was a great
help"
Brown Brothers said:
1--WE regard it as a sad blow to his
country"
Stephen Barker. vice president of the
Manhattan company. said:
and we deeply deplore his DEATH"
Percy r. Pyne, president of the Ma
tional City bank, said:
ave regard it as most lamentable
occurrence"
William A. Nash, president of the
Corn Exchange bank, said:
Secretary Wlndom's death is very
great loss to the country, and think it
will be very hard matter to replace
him. | think he possessed remarkably
fine qualities for the position he filled.
He was wonderfully clear-headed in his
Judgment of financial matters, and in
spired great confidence. | think Secre-
tary Window was one of the ableSt
men who ever filled the position of Sec
rotary of the treasury. Others may
have been more brilliant, but | do not
know that they inspired more conf
dence among financial men generally"
One prominent banker expressed his
preference for the appointment of a
successor to Mr.. Window by suggesting
that Secretary Tracy be transferred to
the treasury department, the portfolio
of the navy to be given to William Nc
Kinley Jr. George s. C0e, president of
the American Exchange National bank,
said:
1.-THE death of Secretary Window is a
loss to the country. | do not think that
his sound policy on the currency ques-
ton will be changed by his successor.
The president holds the same views
that Secretary Window held, and he
will no doubt choose one to fill his place
that will carry out that policy"
Mr.. Jesse Seligman:
1.-The financial situation Is excellent,
and any man whom the president will
appoint to succeed Mr.. Window will be
man who will follow or carry. out the
same conservative and honest course
as was pursued by Mr.. Window"
President Cannon, of the Chase Ma
tiOnal bank. did not think the secre-
tary's death would exert any effect on
the money market or general business
OF the country. 1t is startling colnci-
dence that one year ago, when Secre-
tary of the Navy Tracy was intending
coming to New York to speak before
the same board of trade and transporta-
ton at their dinner, he was interrupted
by the burning of his house in Wash
ington, the loss of his wife and daugh-
ter, and his own narrow escape. This
year he came on to the dinner which he
could not attend last year, and his fell
low guest, fellow cabinet member and
dear friend dropped dead at his very
feet.