The southern press., 1852-01-15
DUFF GREEN, BEN. 4. GREEN,

Attorneys at Lao, Washington City, d. G.
DRACTlCE in the Supreme Court Of the
L. 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.
WAsHINcro ON, august ], 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 aud
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 tho laws relat-
ing to contracts for carrying the mail, SO as to as-
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 tho
payments nov 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 acontract
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 5000
to $3.50 mile, per annum, and the $50 per mile
saved would create sinking fund which will, in a
fewyears pay ofthe Bonds and give the use ofsuch
roads forever thereafter, free of all charge there
by efecting 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 contract would give to the Bat-
more and Ohio Railroad Company more than
$4,000 900, which would enable that complete its
road at an early day. and greatly increase its bust.
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 CT action
and continued active effort, through the press md
otherwise. The undersigned tender their services
to your Company, expecting a reasonable COM
pensa'ion, partly contingent upon the success Of
the measure and respectfully suggest the pro-
prety of your sending one or more delegates to
this city, on the frat Wedensday 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 ofbringins 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-
venence, we are, respectfully, your obi v',z.
DUFF GREEN,
BEN. E. GREEN,