The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-12-22

The Run ON tho Baltimore Savings Bank,
We siatsd on Saturday, says the HAldaors Patrik o.
the 18th instant, that . run had been made the
Savings Rsnk Of Baltimore In consequence OF fool
h rprs which had been started rex tive to tho Eelysn
cy OF that Institution. The directors instead o! closing
~ o'clock usual or OF refusing according 70 tbs
terms Of their charter to refund without weeks notice
INST promptly every cepositor, asking no questions and
continued until late hour In the evening settle up
balance accounts with all applicants who pressr ted
themselves The american has the following in reference
to the subject
TIE amount Of deposits held by are over IS oo0
And We have never stronger pli6cs ios OF its
Widespread usefulness than in the character Of OF
depotitors, around the bank SATURDAY
Many OF them to outward appsarsncss might BE- sup
posed to DO almost penniess but their deposit books
showed that they had formed the nucleus Of fund that
will doubtless with the habits Of ins usty and economy
CURED by lite ulAtion, lead them to bstanal
prosperity. Thousands of our citizens, many of whom
in aiuent circumsts trace their
IT, early savings accumulated under the auspices OF
the which is now asst always has been, under
the cont oil OF prut emit, eicert aad upright oHsers
During the past; SATURDAY. Q nmo<r Of the n ore
intelligent dspostors to the .sr to make dc
poss but the officers refused to receive them and
Of those who had drawn their deposits In the mornng
endeavored to replace them in the evening" but they
also refused Those who drew their money net on
their sccrupg but also forfeit claims to the extra
dividend To be declared in April next Hence the orsi-
majors OF these unfounded rumors have perpstrAtsd
most ssrieus injury these worthy people
Of the excitement into .hch they thrown by the
fear of tn. loss their hard earasd money so sy
mutated from the wages Of labor. Many Of them Also
under the to which they were sold
their deposits to shavers prowng aoout, az
from fifty to enty five cents on the dollar. We
esstd, however, to namber OF most prom
a. any citz mixing in the throng Of deposit
and queting tn. fears well saving them fr
b. offers TO Aks their books az he full amounts One
posiior Offering bis book with deposits to the amount
of safe for $25 and saved from loss by
n erchant who gave him the amount . he'd; and then
giving him his business cnro, told him hat when he
&c ~ Is he n nv ndinyf he
money advanced omit
One OF the sinsI o. this excitement was an
mprudent olcatop made weeks since relative to
the bu 1jog bai erected for the the
o. Second and Ga, streets vito
air 81 its officer sad directors OF wasting the fanis
the institution We heard of instance of
man who had accumulated $780, the strength of
this public alton drew IL out, and uoder the tensnt
took TO drink entirely squanderrg in three weeks tho
savings of three With regard this banking
house, happen know that IL l. being built from
surplus fund which has been ACCOMMODATING for ny
YEARS having been crgnsly aside Tor this obsot
and that 1t IN gay interfere with the regular
pesi1rs
Times Of the Goth inst. ssys:-It that tho
movement on Saturday preeoncerted srrang ut
Of sdIoit fsrtIss out ide rs busy almost
he CLERKS inside buying at great deductions this
ssrninyt hat months y.ars of toll mad aooGmua ed
sold st fifty cents the dollar while others
fortunate ana resctiasod .. discount OF twenty
five per Many o. ost prominent and wealthy
citizens in the midst Of the ed and eftng
tsae Their books for bs tul amount Of their dsposes
thus quoting and satisfying great number Tae bark
held deposits s. 90 0U0 and its great usefnlaea
the nupty is tier ore portr aged in the strongest
lgh An institution conducted upon the principles that
tn is thins blessing to any community. les
character is unapproachsble and the invidous SANDERS
OF corrupt and designing parties, must, later
recoll uJon the authors OF 30 base an act.