The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1891-01-07
Is WINDOW IN IL?
A STRANGE LOOK ABOUT HIS
PURCHASES.

When the Secretary Wants Silver the
Metal Goes Up The Secretary Likely
to be Many Tines Millionaire.-A
Sensation.
Especial to Atlanta Journal)
WASHINGTON, D. c., Jan. 6.-In the |
summer of 1888, Mr.. William Window
now secretary to the treasury, was occu.
pying diDgy little Office on William |
street. New York.
Mr.. Window was not only a nominal |
broker at that period, but be was posi-
lively ''broke." In the language Of the
street, he was ''on his uppers. !"
But while Mr.. Window was initiating
Mr.. Macawber on William street, luck
was falling his way.
The Republican convention was held
in Chicago during the year 1888. to
choose candidate for president and
during the course Of its proceedings aSun-
| day intervened and recess was neces-
sarily voted until the following Moday.
Mr.. Steve Elkins of West Virginia,
with other friends, bethought themselves
to take special train for indianapolis
during this Sunday to see Mr.. Harrison,
the present incumbent of the white
house. They saw Mr.. Harrison; and he
consented to allow the use of his historic
name for the Office of president of this
great republic.
An agreement was reached by which
Mr.. Elkin was to name the secretary of
the treasury in case Harrison won the
executive prize, and as events turned
: out it appears that Mr.. Billy Window
was Mr.. Ekin's choice.
l
knew his hacker. The first great oppor-
tunity that Elklns had was break at
the seal fisheries contract and Window
promptly responded. The company of
which Elkins was member put in a bid
l nearly or quite s., 600, 900 less than some
9 other bids, but Window, being mindful
of his friends interest, very generously
q mnlched the government and gave the
Elkins company the exclusive right to
seal hunt in our far western territory
Q The enormous profits of this company
s have been so often detailed by the news.
:. papers that it is unnecessary to recount
them here.
q But this is not all Mr. Billy Windon
/ is doing for himself and his pals. VI
:. the 18th of December the Wall Stree
Is News conta ned this item of information
o "The secretary Of the treaaury mad
!; an unexpected visit to this city on las
l Saturday aud was closeted with Secre
J. taty Roberts and other leading banker
10 for some hours at the Sub-Treasur
building. The secretary announces tha
he will purchase 690, 900 ounces of silve
as this week"
On the 18th of December the secretar
81 consulted with leading New York bank
80 ers and on that precise day silver wa
l quoted on the markets at 1.04 s. On th
er following Monday it jumped to /. O6 an
as went along on up the scale until
touched 10, in very short period
When it had reached the high wate
notch Mr. Window began to bny for th
- government. To more thoroughly cove
~. ~ his tracks he bought 90 900 ounces fir;
- at the market price, LOS. He then pai
W O5d for 25, 900 ounces, and LOS f(
100000 ounces, and 10S4 for 10000
:, ounces, and wound up his purchases /
oat paying 90 for $50, 900 ounces.
~ After performing this miraculous fiji
" ancial feat, Mr. Window then withdre
: from the market, and silver, like SCI
~ sible com modify, Immediately assume
its normal market value, .O4, the pri
- at which it was quoted when Mr.. Wi
- dom flushed the market.
90 In very few days the secretary W
9. again enter the market for his Janr a
n ~ goods. Judging from his December e
90 % perience, it is not unreasonable to pl
oa' 'a sumo that he will again boost the ma
or ket.
er er To-day silver is a drug at 81 cents P
"a ounce. WINDOWS pals have run it do,
- to the lowest notch and are heavy pl
80 chasers. They are the lawful owne
~ W to-day Of 13,O00,0 900 ounces bought
III rock bottom figures. and they are sere1
ly waiting for Uncle Billy to make
40 visit.
10 Window came into the cabinet lit
over two years ago pauper. To day
pal is living in luxury, and his househt
establishment, one of the finest in
E. city, is said to cost him $4,000 per
Ire NUN The question very naturally aris
Ia is Mr. Wludom in 2" The suspicit
lar public believe that he is, and that he '
i'm quit the treasury at the end of his te
l. many times millionaire.
. VI Weather Report.
we're
OF OF Raleigh yesterday: Maximum temp
L yO ,t,1ro AZ. minimum tamnpratura %: r2