The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-04-14
DUFF GREEN, BEN. Z. GREEN,

attorneys at La,0, Washington City, ID. c.
nRACTICE in the Supreme Court of
| IL United States, and IN the Courts ofthe 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 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 as will enable them to
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 a modification Of the laws relat-
ing to contracts for carrying the mail, so as to
| thorize the Post Office Department to contract fo
the perpetual use of Rail Roads, and, instead CT
paying, as now, quarterly on contracts for fou
years, to advance In five per cent. bonds of the
| United States, chargeable upon the revenues Of
the Post Office Department, IAN amount, the inte
| rest upon which at per cent. would equal II
payments now made.
The government now pays 5000 per mile for
| carrying the mail on first class Rail-Roads. 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, five ii 900 bonds, bearing an inte
rest Of FIVE per centum. AT this rite the charge
upon the Department would be reduced from $500
|
saved would create sinking fund which will, in u
fewyears,p pay oithe Bonds and give theuse ofsuch
roads forever thereafter, free Of all charge there
by e1'ecting vast saving on the present annual
expenditures of the Pc t 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 Bati-
more and Ohio Railroad Company more than
s., 900 600, which would enable that complete its
road early day, and greatly increase its BUSH
ness and profits.
But to meet objections and impress the public
mind with proper 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
pensation, partly contingent upon the success or
the measure /; aud respectfully suggest the pro-
priety of your sending one or more delegates to
this city, on the first Wednesday in December
next, 10 confer with delegates from other Rail
Road Companies, as to the details Of the propos-
ed arrangement and the best mode ofbringing the |
aubjsct before Congress.
Should 1t be your pleasure to accept of our
services in this matter, we win 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 obt serv't
DUFF GREEN,
BEN. K. GREEN,