Publication information |
Source: Chicago Banker Source type: journal Document type: proceedings Document title: “Meeting of the Illinois Bankers” Author(s): anonymous Date of publication: November 1901 Volume number: 9 Issue number: 3 Pagination: 250-71 (excerpt below includes only pages 262-63) |
Citation |
“Meeting of the Illinois Bankers.” Chicago Banker Nov. 1901 v9n3: pp. 250-71. |
Transcription |
excerpt |
Keywords |
American Bankers’ Association; William McKinley (death: public response); Theodore Roosevelt (assumption of presidency: public response); William McKinley (death: impact on economy). |
Named persons |
William McKinley; Theodore Roosevelt. |
Document |
Meeting of the Illinois Bankers [excerpt]
The dates for which the Twenty-seventh Annual
Convention of the American Bankers’ Association was originally called were September
24th, 25th, and 26th, but the sad death on September 14th of our beloved and
martyred President, through violence by the hand of a foul assassin, plunged
our nation into such grief and gloom and had such a paralyzing effect on business,
that the officers of the Association, not then knowing when Mr. McKinley was
to be buried, and being unable to foresee the trend of events for the immediate
future, deemed it wise to postpone the convention indefinitely.
Inasmuch as Mr. McKinley’s interment occurred
at an [262][263] early date, and since he was succeeded
as President by such an able and trusted man as Mr. Roosevelt, who at once announced
his intentions of retaining as his cabinet the efficient gentlemen who had been
Mr. McKinley’s advisers, with the further fact that he proclaimed it as his
desire to continue, as nearly as would be possible for him to do so, the policies
of Mr. McKinley, under which the business interests of the country had prospered
in such a large measure, at once dissipated the shadow that hovered over the
business world, and the officers of the Association, feeling certain that there
would be no disturbance in financial matters, and believing that bankers could
safely leave their business for a brief period, called the convention to meet
in Milwaukee on October 14th, 15th, and 16th.