The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-04-27
DUFF GREEN. BEN. L. GREEN,
attorneys at Lar. Washington CITY, ID. {

Mto'NeyS at LdU, washington Guy, ~. L.
DRACTICE in the Supreme Court of
Il United States. ana in the Courts ofthe Dis
trict Of Columbia ana attend promptly to all
claims against the United States or Foreign Gov
eTnments
SIR :-After consulting many persons interested in
the principal Rail- Roads in the Unted,Sates, 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 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 urge
upon Congress modification of the laws relat-
ing to contracts for carrying the mail, so to au-
thorize the Post Office Department to contract fo
the perpetual use of Raj. Roads, and, instead 4
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 Departmental amount, the inte.
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 Railroads. This
is 6 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 81 900 bonds, bearing an inte
rest of five per centnm. A 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 II
fewyears, pay oiihe Bonds and give the use ofauch
roads forever thereafter, free of all charge there
by etfecting Il vast saving on the present annual
expenditures of the Pc Office Department, and
Il 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 n contract would give to the Balt-
more and Ohio Rail-Uoad Company more than
S2, 900 900, which would enable that complete it's
road at an early day, and greatly increase its bust
ness and profits.
But to meet objections and impress the public
mind with IA 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
pensaion, partly contingent upon the success or
the measure and respectfully suggest the pro-
priety of your sending one 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 ofbringng the
subject before Congress
Should it DO 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 ut your earliest con-
venience, we are, respectfully, your obi serv;t.
DUFF GREEN,
Rem H. GREEN