>>22026973
(PS if you are not interested in any of this, there's no need to announce it, or say you won't read it, why would anyone care?)
ANOTHER PAPER ONTHE IMPACT OF McKinley's Death on America and the Economy
Abstract: We use the assassination of President McKinley in September 1901 to measure the value of his Presidency to large corporations. McKinley’s campaigns were funded by major business interests, and while
in office he permitted an unprecedented wave of merger activity without much enforcement of antitrust laws. His Vice President,Theodore Roosevelt, was known to be a progressive reformer.Using newly collected data, we estimate the effect of McKinley’s assassination on share prices. We distinguish among firms with varying degrees of vulnerability to antitrust prosecution, and among firms with varying degrees of political influence. Our analysis indicates that firms with vulnerability to antitrust prosecution saw greater decreases
in their valuations following the assassination, suggesting that regulatory forbearance was an important mechanism by which firms benefited during McKinley’s Presidency. In contrast, we find little evidence that politically connected firms, such as those affiliated with the largest donors to the McKinley campaign, saw their values fall to a greater degree following the assassination.
https://economics.yale.edu/sites/default/files/hilt.pdf