1897
William McKinley, after waging a "front
porch" campaign, is the 25th president. The Republicans also win control
of both houses of Congress. There will be unbroken Republican control of
the presidency and both houses for 14 years. John
Hay, one of the country's greatest diplomats, who had been private
secretary to Lincoln, secretary of the legations at Paris, Vienna, and Madrid,
and Hayes' assistant secretary of state, is McKinley's secretary of state.
Jacob
Schiff attained considerable prestige in banking circles when
he provided the financial backing that enabled railroad magnate Edward H.
Harriman to purchase control of the bankrupt Union Pacific Railroad.
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