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MARYLAND BANKS. In the Senate on Tuesday, Mr. CLAY rose said that he had heard, and he presumed and that every member of the Senate had also heard, that, yesterday, a Bank, chartered by the State of Maryland, and situated in Baltimore, had stopped payment. The evidence of the fact was to be found in the public prints of this morning. He had further heard, as he also presumed most of the Senate had heard, that, in consequence of a connection, supposed or had actual, between the Bank of Maryland, which thus exploded, and the Union Bank of Maryland, one of the Banks selected by the Treasury Department as a depository of the public revenue, there was, yesterday, an immense run on the latter Bank. The information which reached him was, that the streets of Baltimore, in the vicinity of the Bank, were yesterday crowded by People pressing to obtain metallic currency for the paper in their hands. The connection that between the two Banks was so intimate, stabiligreat danger was apprehended as to the ty of the Union Bank. In this Union Bank, it appeared, from the that returns made by the Treasury Department, himself the Secretary of the Treasury was a stockholder. To what extent the Secretary stockholder, did not appear, but his name of was a to be found on the list of the stockholders the was Union Bank, one of the Banks selected by him for the reception and charge of the public deposites. He had heard that the Secretary He a stockholder to a considerable extent. had was heard that the stock held by the Secretary of in that Bank constituted a considerable part time his property, and that he had been for some a Director in that Bank, pevious to his removal to this city. He hoped that it would turn out that the Union Bank was in a safe condition; and that there were no just grounds for the apprehension which seemed to exist, as to its safety. He hoped it would turn out that the Secretary of the Treasury was not a stockholder in this Bank to extent which could authorize an impression enter that any he had suffered his own interests to into the considerations which had led him to se lect this Bank as one of the depositories of the public He had money. also heard this morning, but he would not undertake to vouch for the truth of the ruthat, in consequence of the connexion between mor, the Union Bank and the Bank of Mary lank, a Treasury draft, or Treasury drafts, to the amount of 150,000 dollars, had, in the course of the last few days, been furnished to the Union Bank of Maryland, by the Secretary of the Treasury. He did not know how far this rumor was founded in act, but he did know that it was the official duty of the Senate to inquire into the fact, whether there was any= danger to the public interests which was likely to result from the circumstance of the public money being in that institution. After these remarks he would submit the folresolution, and would ask that it might be at this time, in order an lowing considered the Secretary: that early reply might be received from Resolved, That the Seeretary of the Treasury be directed to report to the Senate what amount of public money is now on deposite in the Union Bank of Maryland, and on what account it was deposited; and whether any Treasury drafts, contingent or other, have been, during the month of March, 1834, farnished to the said Bank enable it to meet any demands which might be made upon it. The motion to consider the resolution requiring the unanimous consent of the SenateMr. FORSYTH rose and said, that if the gentleman from Kentucky had introduced the resolution without any remarks, he would not have interposed any objection to its adoption. But, after what had been said, he thought it was due to the Secretary of the Treasury that he should have an opportunity of seeing the resolution.-The fact of the Secretary of the Treasury being a stockholder in the Union Bank of Maryland, was on record. but the extent to which he was interested was not known. He did not imagine, however, that it would be found. on examination, that the Secretary held sufficient stock to render it an object with him to select this Bank for the custody of any part of the public money. He objected to the consideration of the resolution at this time. Mr. CLAY said he would make one single remark. As he had already stated, he did not know the amount of stock held by the Secretain the Union Bank. He had heard that it ry was a considerable sum, and this he had heard when he was in Baltimore. The fnct, however, was apparent, that he had stock in the institution, and therefore the inquiry was a proper one. The resolution was then laid over.
