, 1891-01-31


NEW YoRK, Jan. 30.-The Board of
Trade today adopted resolutions on Seere.
tsry WINDOWS puLlic career, which. in
closing, say: As secretary of the treasury
under President Harrison he labored
courageously aud successfully to avert
widespread panic in a season of threat.
ened financial trouble. He died in speak
ing honest words against the madness of
the free coinage of silver under existing
financial conditions. He fell at his post
OF duty as truly "a a soldier falls Oh the
battlefield"
Previous to the adoption of the resolu-
tons ex-Socrctlry of State Bayard, in a
briet speech, paid a glowing tribute to the
memory OF the deceased. In the course
OF his speech he said: In 1881 an oc-
curreDce OF great importance 10 the coun
try arose. The public credit and the
agencies that sustained it we're threat
ened. A strong feeling against the bank
ing system had been expressed, congress
had adjourned. and those in charge of
banking institutions were uneasy. When
this remarkable proposition was made by
the creditors Of the government: To re.
duce the rate of interest on the debt due
them add accept different terms for its
liquidation. This patient statesman and
friend did me the honor 10 come to me as
a man of a different political party to dis
cuss the momentous question. We dis
cussed it aud you all know how the ma
tional credit was established, how It was
done without cost to the government, and
no finer illustration of dnancierlng can be
found han that of VIM. Window. II
was the very highest pinnacle tor a man
10 reach Such WAS one of his services
not measurable by money. All heroes
are not clad IN uniform, neither do they
all fall In battlc. Wm. Windows call
came last night. His life had been Im.
periled serving you and our land. We oil
join in grief for his loss and honor aud
respect for his memory
Il. b. Thurber, in secOnding the reso
luton, eulogized Mr.. Window who, he
said, piloted the financial ship of state
between the ScSlla OF grangerism and
the C~harybdis OF Wall street, and per-
ished at his post-the third secretary of
the treasury, in three successive admins.
trations, to succumb to the exacting du-
ties oil the treasury department. Is 1t
not about time, said he, hat these duties
we're divided and regulated that further
sacrifices of a like nature may be avoided.
The president of the Board of Trade
will appoint a committee OF fifteen to at.
tend the funeral The New York Clearing
House Association has appointed a
funeral committee aud adopted eulogiziug
resolutions.
The news of the death of Secretary
Window startled Wall street this morn
ing. The only appreclable financial effect,
however, was a fall 10 the price of silver
bullion, the London price declining from
Al pence to 465. and New York de-
Ginning accordingly. His death was looked
upon by several men here as rendering the
passage of any silver bill at this session
unlikely. The majority of the financiers
we're of the opinion that Mr.. WINDOWS
successor would undoubtedly be a man
who would carry out the POLICY of the
dead secretary, which was believed was In
all respects In accordance with the ideas of
the president. There is much discussion
as to his probable successor, but the only
Dames so far mentioned arc those Of Sen.
ators Allison and Spooner.