The southern press. [volume] (Washington City [i.e. Washington, D.C.]) 1850-1852, 1852-04-29
DUFF GREEN. BEN. L. GREEN,
attorneys at Lao. Washington City, ID. c..

attorneys at Lao. Washington CITY, d. c..
DRACTICE 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.
Sir AFTER consulting many persons interested in
the principal Railroads in the UntsdStates 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 10 serve
persons desiring to invest in RAILROAD securities
or TO procure information ofany matters nnected
with the construction and administration of Rail.
Roads They also propose, especially, to urge
upon Congress a modification of the laws relat-
ing to contracts for carrying the mail, so as to au-
thorize the Post Office Department to contract fo1
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, chargeable upon the revenues Of
the Post Office Departmental amount, the nte.
rest upon which at 6 per cent would equal II
payments now made.
The government now pays $500 per mile for
carrying the mail on first class Rail Roads. This
is per cent. on $1,000. The undersigned would
urge that, instead ofpaying $500 mile, per an
mum, the Department should deliver, on acontract
n perpetuity, five 81 900 bonds, bearing an inte
rest OF five per oentum At this rate the charge
upon the Department would be reduced from 1900
TO $3.50 mile, per annum, and the $50 per mile
saved would create sinking fund which WILL in
fewyears,p pay olthe Bonds and givethe use ofsuch
roads forever thereafter free Of all charge there
by efiecting vast saving on the present annual
expenditures of the po Office Department, and
a consequent reduction of the rates Of postage
The effect viii be no less advantageous 70 Rail
Road Companies than TO the government. For
instance, such contract would give to the Balti-
more and Ohio Railroad Company more than
s., 900 900, which would enable that complete its
road at an early day, and greatly increase its BUSH
ness and profits.
But 10 meet objections and impress the public
mind with a proper sense of the benefits 10 result
from this measure will require concert Of action
and continued active effort, through the press and
otherwise. The undersigned tender their services
10 your Company, expecting reasonable COM
pensation, partly contingent upon the success OF
the measure and respectfully suggest the pro-
pneiy Of your sending one or more delegates TO
this city, on the fire, "Wednesday in December
next, % 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 u be your pleasure 10 accept Of our
services IN this matter, we will promptly attend
70 all other 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 con.
venienee, we are, respectfully, your obi servt
DUFF GREEN,
BEN. Z. GREEN,