The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-01-26
DUFF GREEN. BEN. L. GREEN,

.4itorneys at Laio. Washington City, d. C.
nRACTICE in Inc Supreme Court of the
IL United States, ana IN the Courts ofthe Dis
trict Of Columbia, ana attend promptly to all
claims against the United States, or Foreign Gov
ernments ut f" s.
W ARLINGTON, 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
city and in New York, for the purpose of collect
ing full and authentic RAILROAD 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. They also propose, especially, to urge
upon Congress modification OF the laws relat-
ing to contracts for carrying the mail, 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
wears, 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 made.
The government now pays $500 per mile for
carrying the mail on first class RaRoads. This
is 6 per cent. on $1,000. The undersigned would
urge that, instead of paying $500 mile, per
mum, the Department should deliver, on aconract
n perpetuity FIVE 81 900 bonds, bearing an int
rest of five per centum At this rate the charge
upon the Department would be reduced from $500
to $3.50 mile, per annunl, and the $50 per mile
saved would create sinking fund which will, in u
fewy pay olhe Bonds, and give the use ofsuch
ronds forever thereafter, free Of all charge there
by effecting a vast saving 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 Il contract would give to the Balti-
more and Ohio Rail Road Company more than
AZ, 900 900, which would enable that complete its
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 OF action
and continued active effort, through the press and
otherwise The undersigned tender their services
to your Company, expecting reasonable COM
| pensation, partly contingent upon the success oil
the measure and respectfully suggest the pro-
| priety of your sending one or more delegates 10
! This citv. on the first Wednesday IN December
! NEXT. to confer with delegates from other Rail-
| Road Companes as to the details of the propos-
J ed arrangement and the best mode ofbringing the
! subject before Congress-. eatA
/ Should it be your pleasure to accept Of our
! services in this matter, we will promptly attend
! ~ all other business. which you, or your Com
! many. NAV 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 ob't serv'ts.
DUFF GREEN,
BEN. E. GREEN,