The southern press. [volume] (Washington City [i.e. Washington, D.C.]) 1850-1852, 1851-12-13
DIFF GREEN. EEN. Z. GREEH.
.fiiornrus al Lar, Washington Cifu, ID. C.

.fitornryS at Lar, Washington City, ID. G.
DRACTlCE in the Supreme Court of the
n 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.
WAsHrSGToH, August /, 1851.
Sin :-After consulting many persons interested in
the principal Rail- Roads in the United States, the
undersigned propose TO establish agencies IN this
Guy and IN New York, for the purpose of collect
ing full and authentic Railroad statistics and
such other information as will enable them 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 TO
thorize 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 per cent. on $1,000. The undersigned would
urge that, instead Of paying $500 mile, per an
mum, the Department should deliver, on 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 oithe Bonds, and give the efsuch
roads forever thereafter, free Of all charge there
10y efecting vast saving the present annual
expenditures Of the Pc Office Department, and
consequent reduction Of the rates Of postage.
TIE 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 ail-Rosd Company more than
81, 900 900, which would enable that complete its
road at an early day, and greatly increase its bust
meas 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 CT action
and continued active effort through the press and
otherwise. The undersigned tender their services
TO your Company, expecting reasonable COM
pensaon, 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, as to the details Of the propos-
ed arrangement and the best mode of bringing the
subject before Congress-
Should it be your pleasure 10 accept of our
services IN this matter, we will promptly attend
to all other business, which you, or your Com
pany, mav 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 is.
DUFF GREEN,
BEN. L. GREEN,