The southern press., 1852-01-01
DUFF GREEN, BEN. Z. GRERH.
attorneys al Lou, Woshimeton Citu, d. C.

.1ifornSys al Iev. Woshtn9ton CITY, D. C..
DRACTICE in the Supreme Court Of the
II United States, and in the Courts ofths Dis
trct Of Columbia and attend promptly to all
ernments.
WAsHINcroN, .4,1gWsf /, 1851.
SIR :-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 Rail Road 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 mall to
thorZe the Post Office Department to contract for
the perpetual use Of Raj. Roads, and instead Of
paying, AS 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 Department, IAN 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 Rail Roads. This
is 6 per cent. on 5000. The undersigned would
urge that, instead of paying $500 mile, per an
nun, the Department should deliver, on acontract
in perpetuity, five 81 900 bonds, bearing an inte-
rest of five per centum. AT this rate the charge
upon lne department WOulu Dt reuuCtu from S.tUU
to $3.50 mile, per annum, and the $50 per nile
saved would create sinking fund which will in
fewyears pay otlthe Bonds and give the use Of such
roads forever thereafter, free of all charge there
by eifectng vast saving on the present annual
expenditures of the Po Office Department, and
u 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 u contract would give to the Balti
more and Ohio RAILROAD Company more than
~, 900 900, which would enable that complete it's
road at early day, and greatly increase its bus-
ness 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 and
otherwise. The undersigned tender their services
to your Company, expecting reasonable COM
pensalion, partly contingent upon the success of
the measure aud 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 ofbringng 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 ut your earliest con-
venience, we are, respectfully, your ob't serv'ts
DUFF GREEN,
BEN. +. GREEN,