The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-03
DUFF GREEN. BEN. E. GREEN,
attorneys at La,c. Washington City, ID.

attorneys at Ldp, Washington City, ID. c.
DRACTICE in the Supreme Court of the
IL United States, ana In the Courts OF the DIS
trlct of Columbia ana attend promptly to all
claims against the United States, or Foreign Gov
ernments.
w AsHINcToN, 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 Railroad statistics and
such other information will enable them 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 relal-
ing TO contracts for carrying the mail, to
thorize the Post Office Department to contract fot
the perpetual use of Rail Roads, and, instead az
paying, as now, quarterly contracts for four
years, to advance in five per cent. bonds Of the
United Suites, chargeable upon the revenues Of
the Post Office Departmental amount, the inte-
rest upon which at per cent. would equal tt,
payments made.
|. The government now pays $500 per mile for
carrying the mail on first class Railroads. This
is 6 per cent. on $4,000. 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 $500
to $3.50 mile, per annum, and the $50 per mile
saved would create sinking fund which will, in
ewyears pay ofthe Bonds and give the use of auch
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 Bat-
and Ohio Railroad Company more than
50 900 900, 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 of action
and continued active effort, through the press and
otherwise. The undersigned tender their services
to your Company, expecting reasonable COM
pensatioD, psrtly contingent upon the success or
the measure and respectfully suggest the pro-
prety of your sending one or 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 Infringing the
subject before Congress.
Should 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 cor
venience, we are, respectfully, your obi serv'ts.
DUFF GREEN,
BEN E GREEN