McKinley had incautiously co-signed the loans of a friend, and demands for repayment were made on him when his friend went bankrupt in the Panic of 1893.
McKinley secara tidak sengaja menandatangani pinjaman dari seorang teman, dan ia dituntut untuk membayar ulang ketika temannya bangkrut dalam peristiwa Kepanikan 1893.