The southern press., 1852-01-12
DUFF GREEN, BEN. y. GREEN,

attorneys at Law, Washington City, ID. C.
nRACTICE in the Supreme Court of the
II 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.
WARRINGTON, yaug,lst !, 1851.
Sir -Afler 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 Rai,Road statistics and
such other information az 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 urgs
upon Congress modification Of the laws reat-
ing to contracts for carrying the mail, as to au-
thorize the Post Office Department to contract for
the perpetual use Of Rail Roads, and, instead Of
paying, as now, quarterly contracts for four
years, to advance IN FIVE per cent. bonds Of the
United States, chargeable upon the revenues OF
the Post Office Department,nn amount, the inte-
rest upon which at per cent. would equal the
payments now made.
The government now pays $500 per mile for
| carrying the mail on first class aRoads. This
is per cent. on $1,000. The undersigned would
urge that, instead of paying $500 mile, per an
mum, the Department should deliver, on acontract
n perpetuity, FIVE III, 900 bonds, bearing an inte-
rest Of FIVE per centum. 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 sinking fund which will, in a
fewyears, pay othe Bonds, and give the use ofsuch
roads forever thereafter, free Of all charge there
by efecting vast saving on the present annual
ex expenditures Of the Po 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. FcY~
instance, such contract would give to the Balti-
more and Ohio Railroad Company more than
", 900 900, which would snatIe that complete ts
road at early day, and greatly increase its busi
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 l
pensa,on, partly contingent upon the success cs7
the measure and respectfully suggest the pro-
priety of your sending one or more delegates tef
this city, on the FIRST "Wednesday in Decembe4
next, to confer with delegates from other Rail-
Road Companies, as to the details Of the propose
ed arrangement and the best mode ofbrnging 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, your Conn
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 ob't servts.
DUFF GREEN,
BEN. E. GREEN.