Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-04-01
Remainder IN our nerta
IN SEN ATE.
'nesdoy, March 25, is:

MARYLAND
MR. Clay rose and said that he had heard and o nre
s"heu h"t every menber OF the Senate had also
,hdt yesterday Bank chartered by the State of MARY
land, and situated in Baltimore had stoppeJ p,v,,.1
n es"e"ce oil 'he lact was 10 be found in The public
prints oil this morning He had further heard az he aio
presumed most OF the Senate had heard that in conse
1uence OF connection, supposed or actual between tl,e
bak OF Maryland, which had thus exploded and the Un;
on BANK OF Maryland, Of the Banks selected by the
treasury Dep"rthent as depository OF the public reve
nue., there was, yest,r ay an immense run on the lt
Bank The information which reached him was Thai ,,
ueo'' u Da''mo,e III The vicinity Of The Bank,
yesterday crowded by People pressing o,obtsjn metallic
currency Tor The paper in heir hands The come cton
between the two Banks intimate that great dan
ger wa" aPpfehended as to The stability OF The Union Bank
In this Union Bank, il appeared from the returns mad
by ne treasury Department, ,at the Secretary of Tie
treasury was himself sockholder. To what extent the
secretary was stockholders did appear but his name
was TO DE found on the list of the of the Union
bank oee oil the Banks selected by bin FOR
aud charge OF the public deposes. lie had heard that
The Secretary was stakeholder 10 a considerable exapt
lie had heard that the stock held by the Secretary i'm a
B'nk constituted considerable part his properly and
mat lie had been Tor some time Director in the Bank pre.
vious 10 his removal TO this city.
lie hoped that 1t would turn out that the Union Bank
was n sale condition and that there were no iust
grounds Tor the apprehension which seemed to exist 40 IN
s safety He hoped II woaid tam that the Secretary
Of the Treasury not sockholder in dis "a III g., 80
extent "hch could auhoTise aBimpfession that he had
suffered his own Interests into The considerations
Whch led nun 10 select this Baak Of the repositories
oil the public money
lie had also head this morning, but he would not ,n.
der'dke 70 youcb or the truth Of The rumor that in con
sequence 81 me c0nneXlon between the Union Bank and
we nahH OF Maryland Treasury draft Treasury drafts
10 e amount OF 10000 dollars, had in the coune If
e hst lew days been furnished the Union Bank nj
maryland by he Secretary oil the Treasury lie did rot
snow now lar this ran0r founded in acf but he did
hno" ma ~ss the Official duty of Tie Senate 70 uoare
,no we de whether there any danger 10 The pfbc
interests winch was likely result from the crcumstanre
OF me PuOIc money being in that institution
Alter these remarks he would subni, Ibo coro.,a
IosoluuoD ana "om ask that il might be considered Al
This time Ia order that early really u,obt be ,eci
from the Secreiary= e o reservoir
Resolged, That the Secretary OF the T,e,s,,., H. 1,
rected 70 report 10 the Senate what amount nj uhli ~
neyIs nov deposite in the Union Bank ~ 49,
aad on what account IL was deposed and wbe,ber ana
treasury drafts condDgentor other, have been J,y
the month Of March, 1891, furnished 10 the said B,"L -
IL. w. D. " ""''e up
rms moion 10 consider the resolution recurring to
unanimous consent Of the Senate
MT F0rsyll rose aud said that il the gentleman from
henucky had introduced the resolution without any no.
marks ne would not have iuerposed any objection yo m
adoption But, alter what had been said he t,ouobt II
was due to theiSecreary Of She Treasury h, he sol
maze an opportunity Of seeing the resolution Tie fc
OF The Secretary Of hle Treasury being sockboIer m
The Onion Bank Of Maryland, record but The
tent TO which he was Interested not known IL a.
net imagine, however, that IL would be found ON exsJ
nation, u1a the Secretary held sufficient stock 10 render
az objee with him 10 select Ibis Bank for the cnsog
OF any pact OF the public money. lie objected 10 ths
fonadegsion OF q resolution al this time.
wF. Gay ssid he would make single remark AZ
he bed already stated he did know The amount of sock
held BY The Secretary ia the Union Back He had bessd