Excerpt from Report of the Special Committee on the Currency: Together With the Answers of the Banks, in Obedience to the Order of the House of Delegates of Maryland, of the 4th January, 1842

In order to sustain specie payments under these circumstances, we should be compelled to diminish our already small amount of loans.

Yet should the Legislature, by passing the bill reported to the House of Delegates, and published in our city papers, render it necessary for us to maintain specie payments, it would be my duty, so to advise the management of this bank as to effect that object - however much as a citizen, I might regret the distress entailed upon the community.

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