The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-03-29
DUFF GREEN. BEN. T.. GRE..I,
attorneys at Lam, Washington City, D. C..


nRACTlCE in the Supreme Court of
IL United States, ana IN the Courts of the Dis
trict of Columbia ana attend promptly to all
claims against the United States, or Foreign Gov
ernments.
Sin AFTER consulting many persons interested in
the principal RAILROADS. 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 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 au-
thorize the Post Office Department to contract 70,
the perpetual use of Rail Roads, and, instead If
paying, AS now, quarterly on contracts for foul
years, to advance in five per cent. bonds Of the
United States, chargeabIe upon the revenues Of
the Post Office Departmental amount, the inte
rest upon which at 6 per cent. would equal II :
payments now made.
The government now pays $500 per mile fer
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
mum, the Department should deliver, on acontract
perpetuity five 81 900 bonds, bearing an inte
rest Of five per ceDtum. 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 a sinking fund which WILL in a
fewyears, pay otthe Bonds and give the use ofsuch
roads forever thereafter, free Of all charge there
by effecting vast saving on the present annual
expenditures of the Pc Office Department, and
a 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 Balti-
more and Ohio Railroad Company more than
AZ, O00, 900, which would enable that complete its
road at 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 Of action
and continued active effort, through the press and
otherwise. The undersigned tender their services
to your Company, expecting a reasonable COM
pensation, partly contingent upon the success OF
the measure and respectfully suggest the pro-
priety of your sending 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 ofbringing 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-
venience, we are, respectfully, your obi serv'ts.
DUFF GREEN,
REM GREEN.