The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-10
DUFF GREEN. BEN. Z. GREEN,

.Aiiornrys at Lao. Washington City, d. C..
lDRACTlCE in tne Supreme Court of \
United States. uin IN the Courts the ID =
| trict Of Columbia ana attend PROMPTLY to all
| claims against the Unlled States, or Foreign Gov
ernments.
| WAsHINcro ON, august /, 1851.
Sir :-After consulting many persons interested in
| the principal Rail Rohds in the UniIsd States the
| undersigned propose to establish agencies IN this
city and IN New York, for the purpose Of eel ect.
| ing full and authentic Raj. Road statistics and
such other information will enable them IN serve
persons desiring TO invest in knii-R"nd securries
or TO procure information ofany matters con, ec.d
with the construction and administration Of Rail-
Roads. They also propose, especIally, tn urge
upon Congress modification Of the laws r-at
ing to contracts for carrying the mail, ss to au-
thorize the Post Office Department. To contract f.,
the perpetual use Of Rail. Roads, and, instead G.
paying, as now, quarterly on contracts for fo,.
years, TO advance in FIVE per cent bonds Of the
United States, chargeable upon the revenues of
the Post Office Departnent,un amount, the .nte
rest upon which at per cent. would equal II
payments no " made.
The government now pays $500 per mile {
carrying the mail on first class Ra I-Roads. TIL $
is per cent. on $4,000. The undersigned would
urge that, instead of paying $500 mile, per ar
mum, the Department hould deliver, on AGO ,tract
perpetuity five 81 900 bonds, bearing an inte
rest of five per centum. At this rate the charge
to $3.50 mile, per annum, and the $50 per mite
saved would create sinking fund which will, IN d
fewyears,pay offlhe Bonds and give the u>e OF such
roads forever thereafter, free Of all charge here-
by effectng 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 lees advantageous 10 Rail
Road Companies than to the government. For
instance, such a contract would give to the Balt-
more and Ohio Railroad Company more than
1000 900, which would enable TINT comps'e it's
road at an early day, and greatly increase its BUSH
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 cf action
and continued active effort through the press nd
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-
prlety of your sending or more delegr'e- To
This city, on the first Wednesday in December
next, to confer with delegates from other k.,l-
Road Companies, as 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 orh.r 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
venIence, we are, respectfully, your obi serv'ts.
DUFF GREEN,
BEN. E. GREEN,