The southern press. [volume] (Washington [D.C.]) 1850-1852, 1851-12-09
DUFF GREEN, BEN. L. GREEN.

! .iIorneys al Lar, Washington City, ID. C..
DRACTlCE in the Supreme Court of the
Il United States, and in the Courts the Dis
trict Of Columbia ; and attend promptly to all
claims against the United States, or Foreign Gov
ernments.
WAsHEGroH, .7ugua |, 1851.
Sin :-After consulting many persons interested in
/ the principal Rail Roads 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 Rail Road statistics and
such other information as 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. lhey also propose, especially, TO urge
| upon Congress modification Of the laws relat-
ing TO contracts for carrying the mall so as to au-
thorize the Post Office Department to contract for
the perpetual use Of Railroads, and instead OF
paying, ~ now, quarterly on contracts for four
! years, to advance IN five per cent. bonds Of the
! United States, chargeabe upon the revenues Of
the Post Office Departmental amount, the nte-
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 Rail. Roads This
is per cent. on $1,000. The undersigned would
urge that, instead Of paying $500 mile, per an
mum, the Department should deliver, on acontract
IN perpetuity, five 81 900 bonds, bearing an nte
rest OF five per centum. At this rate the charge
upon the Department would be reduced from 5000
TO $3.50 mile, per annum, and the $50 per mile
saved would create a sinking fund which will, in
fewy pay ofthe Bonds and give the use such
roads forever thereafter, free of all charge there
by eiIecting vast saving on the present annual
expenditures Of the Pc Office Department, and
consequent reduction Of the rates Of postage
The effect will be no less advantageous to Rail
Road Companies than to the government For
instance, such contract would give to the Balti-
more and Ohio Rail. Road Company more than
$4,000 900, which would enable that complete its
road at an early day, and greatly increase its bust
nes, and profits.
But to meet objections and impress the public
mind with proper Of the benefits to result
from this measure will require concert Of action
and continued active effort, through the press ind
otherwise. The undersigned tender their services
10 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 tie first Wednesday in December
next, to confer with delegates from other Rail-
Road Companies, as to the details Of the propos-
ed arrangement and the best mode ofbriuging 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, MAY have with the Post Office Department,
or other branch Of the government
Hoping to hear from you at your earliest con-
yenence, we are, respectfully, your obi serv'ts.
DUFF GREEN,
BEN. T.. GREEN