The southern press. [volume] (Washington [D.C.]) 1850-1852, 1851-12-01

DUFF GREEN, BEN. L. GREEN.

attorneys al Lao, Washington Citg ID. c.
DRACTlCE IN the Supreme Court of the
u United States, and in the Courts OF the Dis
trIct of Columbia ; and attend promptly to all
claims against the United States, or Foreign Gov.
ernments.
WAsHINGToN, .9ugtist |, 1851.
SIR AFTER consulting many persons interested in
the principal Railroads in the United States the
undersigned propose to establish agencies in this
city and in New York, for the purpose of collect
ing full and authentic Rsil- Road statistics and
such other Information will enable them To serve
persons desiring TO invest in RAILROAD securities,
or to procure information ofany matters connected
with the construction and administration of Rail
Roads. They also propose, especially, to urge
upon Congress modification of the laws relat-
ing to contracts for carrying the mail so as to ~
thorze the Post Office Department to contract for
the perpetual use of Rail Roads, and instead OF
paying, as now, quarterly on contracts for four
years, TO advance in five per cent. bonds of the
United States, chargeable upon the revenues of
the Post Office Departmental amount, the inte-
rest upon which at per cent would equal the
payments now made.
The government now pays $500 per mile for
carrying the mail on first class Railroads This
is 6 per cent. on $1,000. The undersigned would
urge that, instead of paying $500 mile, per an
mum, the Department should deliver, on a contract
in perpetuity, five 81 900 bonds, bearing an inte-
rest OF five per centum. At this rate the charge
upon the Department would be reduced from $500
to $3.50 mile, per annum, and the $50 per mile
saved would create sinking fund which will, in
fewyears, pay ofthe Bonds and give theus ofsuch
roads forever thereafter, free of all charge there
by eifectlng vast saving on the present annual
expenditures OF the Pc Office Department. and
a consequent reduction of the rates Of postage
The effect viii be no less advantageous to Rail
Road Companies than to the government For
instance, such contract would give to the Bati-
more and Ohio Railroad Company more than
$4,000 600, which would enable that complete its
road at an early day, and greatly increase its bust
mes, and profits
But to meet objections and impress the public
mind with proper sense OF the benefits to result
from this measure will require concert Of action
and continued active effort, through the press md
otherwise. The undersigned tender their services
to your Company, expecting reasonable com
pensation, partly contingent upon the success of
the,measure and respectfully suggest the pro-
priety of your sending one or more delegates to
this city, on the first "Wednesday in December
next. TO confer with delegates from other Rail
Road Companies, to the details Of the propos-
ed arrangement and the best mode ofbringing the
subject before Congress.
Should it be your pleasure to accept Of our
services in this matter, we will promptly attend
TO all other business, which you, or your Com
pany, NAV have with the Post Office Department
or other branch of the government
Hoping to hear from you at your earliest con-
venience, we are, respectfully your obi serv'ts.
DUFF GREEN,
BEN. L. GREEN,
Nov 22-3t.