American Republican and Baltimore daily clipper. [volume] (Baltimore, Md.) 1844-1846, 1845-02-03

G5-MESSRS. EDITORS,-f, with many an non
est MaryIander, have with deep regret, the eJec
ton OF Joseph j. Speed, Esq, by the Wing Senate of
Maryland from the place Of Public Director in the
Bank OF Baltimore. Mr.. Speed has been elected for
ten nr twelve years by the unanimous vote first of the
House Of Delegates and then the Senate, represent
the States interest: quarter of "A million of dollars
in the Bank of Baltimore; and during the whole time,
his name has been prominently connected, not only
with the best measures of that respectable institution,
but with the commercaI and monetary affairs of the
city, far they connected with the Banks and
depended upon the Legislature. Mr.. Speed has been
faithful To the trusts Of the state. Upon very trying
OCCASIONS he has been selected by the Board OF Trade,
and Conventions of all the Banks, and placed in lead
ing positions to confer, to Counsel and to negotiate
with Committees OF the Legislature upon subjects of
the deepest pnhlic importance. We might instance
the trying and dark period of March, 1872 when there
was IA general suspension of specie payments; the
town ami Stale flooded with a vicious and degraded
paper currency; and the greatest discomfort prevailed
AT General Convention of the Officers of all the
Banks OF the city, MI Speed received the unanimous
vote of the meeting, and was chosen Chairman of
CoRmitee of FIVE Directors from separate Banks, to
proceed TO Annapolis to endeavor TO adjust with The
Legislature the important measure of rcSumptlon,-
The Committee presented amemoriai protfefing terms
of resumption; these terms accepted; the pro-
posed law was passed; aud in very few weeks all the
Banks resumed paym.nts-ihe VICIOUS currency dts
appeared, and prosperity and safety were restored TO
the town and its commerce. The papers Of the day
SHOW all this. Every paper connected with the pro
cedure, n have often been in.ormcd by other mem
beers OF the Committee, were drawn mp by Mr.. Speed,
aud the Committee and Banks will bear testimony
that he rendered the community Be vice that It is the
lot of few citizens TO do The history o. the Delega
ton sent to Annapolis years ago by the Board OF
Trade To promote the general interest of Baltimore,
and Mr. Speeds connection with it, is fresh in the re
collection of all. know from conversation with the
Bank Officers and Directors, that Mr.. Speeds con
necton with them has been of the greatest usefulness
and advantage.
Bnt, MeSsrs. Editors in addition, what does not the
State at large owe TO Mr. Speed! Under the powcro
his pen, State stocks have risen in The markets OF
Europe. He hes been the champion of the honor of
Maryland, and the Wings of Maryland are proud of
him His name has been connected with her best re-
pHte. But yet Wing Senate, under what influence
we know not has ELECTED him from the poor and pro-
ftless place of Bank Director What has been his
sin against the public Wing Party? 1t is time he
opposed tue selfish views of certain politicians by pro-
ies-ion 1t is his friends put his name forward as
candidate for GOVERNOR and tGa upon an early ballet,
he had plurality ofyutes IN the nominating convention.
1t il true when another was nominated he noby |
forward and in published letter, marked with |
his usual spirit and generosity, summoned his friends
to the polls. II is true that i'll the counties where his
friends were most numerous, the nominee re eiVed
the greatest support. 1t is that Mr.. Speed is in
favor of preserving the state faith aud honor. Ii is
true that he is in favor of REFORM II is true that he
is in favor of throwing into the public treasury part
of the receipts of certain officers of the state, when
the agriculture and labor of the state Is taxed to the
ALMOST verge OF endurance 1t is true that he holds
and has affirmed that 10 discharge the duties of Clerks
of Courts and Registers Of Wills the very best talents
and qualifications may be secured for all amount far
less than the sums received by some of them, and
tas he is in favor of law for the payment OF all sums
over fair and fixed compensation into the public !
treasury.
In a word, it is that Mr.. Speed has upheld him I
self like n pure and honorable man-tlat he has re-
fused TO bow cliques, any other knots of selfish
men. 1t is true he dcnOuncrs seishness aud tTtach
wherever he meets them. Ii Is true that his strong
reputation withsood the shafts OF misrepresentation
maligniy and gross vituperation-hat he has calmly
and truly imputed the aspersious that have been heap
ed upon him to the desperate conditions of depend
ents, if not to gnawng necessity that he has
considered those ISLANDERS the wages of want. In
word it is true, that he il at the head Of the Reform
and State Faith Party Of Maryland For these rea-
sons he is assaed and high minded, honorable gen
tcman, nsutcd.
Mr.. 5 Jeed's friends prouder of him now than ev
en- Messis Editors, and the day rapidly approaching
when Marylan will award him all the honor that his
high character and hearing richly merit. Let him
stand to his principles and dignity-his friends and
supporters multiplying with rapidly he is little
aware Of
A MuIG "a IrnEuI pkISCIrIE