The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1892-02-10
HON. JOHN JAY KNOX.
Death of the Distinguished Financier In
New York Yesterday.

| New YORK, February 9.-Hon. John
Jay Knox, ex-Comptroller of the United
States Treasury, died of pneumonia at
his home in this city today. He had
been i'll since last Saturday.
Mr.. Knox was born at KnoXborO',
Oneida county, N. Y, March 10, 1873,
was graduated at Hamilton College, IN
1S49, and learned the rudiments of bank
ing at salary of $500 a year in the Bank
of Vernon, of which his father was
president.
In 1866 he was sent by Secretary NC
Cullough to San Francisco to examine
the branch mint in that city, and in 1871
he made an elaborate report to Congress,
including codification of the mint and
coinage laws, with important amend
ments. Upon his suggestion the coinage
of the silver dollar was discontinued land
the bill which he prepared was afterward
passed, and is known as ''The Coinage
Act of 1873" He subsequently visited
New Orleans, and discovered in the office
of the Assistant Treasurer defalcation
of about 100000, the largest ever
known in the history of the government.
The failure of the First National Bank OF
New Orleans followed, and he remained
for some weeks in that city, acting as
assistant treasurer of the United States.
He was appointed deputy comptroller
by Mr.. Mccullough in 1867, and comp
troller five years thereafter by President
| Grant. He was re-appointed, without
his knowledge, previous to the cxpira-
| ton of his first term, and confirmed by
the Senate without reference to any COM
mittee. He was appointed to third
| term on April II, 1882, but resigned in
l HI odn mic +Tatin
| office was not subjected to any investiga-
ton until the attack by the shareholders
of the Pacific National Bank of Boston,
from which he was fully exonerated by
the committee on banking and currency.
| The intelligence which he brought to the
complicated duties of his Office has never
been surpassed in any similar station.
| The national banking system owes much
of it's present carefulness in detail of man
agement to his mastery of all the facts
| and principles of sound finance.
Mr.. Knox lent valuable assistance in
the placing of United States bonds at the
time of the resumption of specie pay
| ments. 1t is understood that, had not
political complications prevented, Presi-
dent Garfield would have made Mr..
Knox secretary of the treasury. Mr..
Knox, when he resigned the comptroller
ship, became president Of the National
Bank of the Republic, New York.
Mrs. william Anderson.
Mrs. William Anderson of IS Atlantic
street died Tuesday morning in the 18th
year of her age. Born in West Trenton.
She moved to Portland nearly 50 years
ago; her married life of almost so years
was terminated by the death of Captain
Anderson in November, 1888. One son
died 80 years ago, two others and two
sisters survive-Mrs. Haskell and Mrs.
Sargent, the wives of business men in
the city. Mr.. Richard Fl. Anderson and
Mr.. VIM. W. Anderson hold prominent
positions with George E. Ward, one of
the largest ship-chandlers of New York
city.
Mrs. Anderson's health has been fail
ing for nearly year, but form of
paralysis revealed itself few weeks ago
which brought the entire family home
where they have remained since. A
state of Inconsistencies began five days
ago.
Major Loren Adams.
HARRINGTON, EeDruary "a prom
inent citizen of Franklin county, Major
Loren Adams, for many years an officer
of the county agricultural society and a
prominent Democrat and Mason, died at
his home at East Wilton, yesterday, aged
80. The funeral will be held Thursday
| with Masonic honors.
Prof. Lewis f. Stearns.
BANGOR, February 9.-Prof. Lewis
French Stearns, of the Bangor Theologi-
cal Seminary, died tonight after a severe
illness. He was born in Newburyport,
Mass, March 10, 1S47, and graduated at
Princeton College in 1867. He studied
for the ministry at the Princeton The
illogical Seminary in 1S69-70, and in the
universities of Berlin and Leipsic in
1901. He graduated from the Union
Theological Seminary in 1872. He was
pastor of the Presbyterian church at
Norwood, N. j., from 1873 to 1876, and
has been, since 1880, professor of system
attic theology in the Bangor Theological
Seminary. He has published a volume
of Ely lectures, delivered at the Union
Theological Seminary under the title of
s'The Evidence of Christian Experience
His 'Life of Prof. Henry B. Smith, is |
now in press. He has also written vari-
GUS articles in the Andover Review, the
New Highlander, etc. Lately Prof.
Stearns declined a call to professorship
at the Union Theological Seminary, New |
York. He leaves a wife and one child.
Rockland Marine News. ia i