The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-09
DUFF GREEN. BEN. L. GREEN,

l. attorneys at Lac. Washington City, d. C.
DRACTICE in the Supreme Court ofth
l. United States, ana IN the Courts OF the Dis
trlct OF Columbia anu attend promptly to all
claims against the United States, or Foreign Gov
| ernments.
WAsHINoToN, august l, 1851.
Sir :-After consulting nany 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 Rail Road statistics and
such other information will enable them to serve
persons desiring to invest in Rail-R 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 mail, so as to au
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
years, to advance IN five per cent. bonds of the
United States, chargeable upon the revenues of
the Post Office Department, AN amount, the inte-
rest upon which at per cent. would equal tf =
| payments now made.
| The government now pays $500 per ruile for
carrying the mail on first class Railroads. This
is per cent. on $4,000. The undersigned would
| urge that, instead of paying $500 mile, per an
| mum, the Department should deliver, on acontract
| n perpetuity 1--WE 81 900 bonds, bearing an int
rest of five per centum. At this rate the charge
to $3.50 mile, per annum, and the $50 per mile
saved would create sinking fund which will in a
fewy years pay othe Bonds and give the use ofsuch
roads forever thereafter, free Of all charge there
| by effecting vast saving oh~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
~ 1000 900, which would enable that complete it's
road at an early day, and greatly increase its bust
ness and profits.
But to NEE. 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
pensa,ion, partly contingent upon the success OF
the measure and respectfully suggest the pro-
| prety of your sending one or more delegates to
| this ctv on the first "wednesday in December
next. to confer with delegates from other Rail-
Road Companies as to the details OF the propos-
| ed arranoement and the best mode of bringing 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, NAV have with the Post Office Department
or other branch Of the government.
Hoping to hear from you at your earliest Goa
venience, we are respectfully, your obi serv'ts.
DUFF GREEN,
BEN. E. GREEN,