interesting position, thanks for sharing.
Blackburne and the Stalemate Trap

It's a drawing trap.
After 1.b1=Q Black plays 1...Qc1+! White can't capture because it leads to stalemate. Note that the knight is pinned.
So White must play 2.Kh2. Unfortunately for White Black can play 2...Qf4+! and again White can't capture the queen due to stalemate.
So after 3.K somewhere and ...Qc1+ it's just a draw by repitition.
So Blackburne traded off the knight first to prevent this.
Here is a musing anecdote by Blackburne.
Position after 37...Qd2, notes by Blackburne
"Very finely played. If White Queens the Pawn Black replies Qc1+ and then Qf4+, drawing by perpetual check or stalemate. It is a remarkable position, and I very well remember the crowd that gathered round to see if I would fall into Winawer's little trap.
I kept them on the tiptoe of expectation by holding my hand above the Pawn for some time as I meant to move it, but when with the swing of the arm I suddenly took the Knight instead, there was a loud burst of laughter, in which Winawer, to do him justice, heartily joined."