Complete Life of William McKinley and Story of His Assassination: An Authentic and Official Memorial Edition, Containing Every Incident in the Career of the Immortal Statesman, Soldier, Orator and PatriotEverett, Marshall
History
Complete Life of William McKinley and Story of His Assassination: An Authentic and Official Memorial Edition, Containing Every Incident in the Career of the Immortal Statesman, Soldier, Orator and Patriot
“I did what I could to help a friend who had befriended me. The result
is known. I had no interest in any of the enterprises Mr. Walker was
carrying. The amount of my endorsements is in excess of anything I
dreamed. There is but one thing for me to do—one thing I would do—meet
this unlooked for burden as best I can. I have this day placed all my
property in the hands of trustees, to be used to pay my debts. It will
be insufficient, but I will execute notes and pay them as fast as I can.
I shall retire from politics, take up the practice of law, and begin all
over again.”
It was at this time that the Governor’s friends throughout the country
began to bestir themselves for the purpose of aiding him financially.
The Chicago Inter-Ocean started a popular fund for the purpose, and
money began to roll in. Governor McKinley refused to accept a dollar of
this money, and it was by his direction returned to the donors, with his
thanks for their disinterested friendship. His friends were not to be
denied, however, and a number of them decided to subscribe privately to
a fund to take up the Walker notes. Among these gentlemen were M. A.
Hanna and Myron T. Herrick, Cleveland; P. D. Armour, Marshall Field and
H. H. Kohlsaat, Chicago; and Bellamy Storer and Thomas McDougall,
Cincinnati. The management of the fund was placed in the hands of Mr.
Kohlsaat, who afterwards said of the matter:
“One of the chief reasons why the subscription plan was adopted was
because a number of subscriptions were received anonymously and could
not be returned. There were over 4,000 subscriptions sent in, and when
the last piece of paper was taken up bearing Major McKinley’s name, no
more subscriptions were received, and some were returned. No list of the
subscribers was kept, and Governor McKinley does not know to this day,
with the possible exception of four or five names, who contributed the
money.
“When Governor McKinley saw the publication of the subscription scheme
he wrote me absolutely declining to receive a dollar. Mr. Hanna and his
other friends told him to leave the matter alone, for if his friends
wished to assist him they should have the privilege.”
The indebtedness having been satisfied in full, Mrs. McKinley’s property
was deeded back to her, and she and the Governor were left in the same
position financially they were before the crash occasioned by Mr.
Walker’s failure.
Public-domain text, read in full here on John Shaqi.
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