The southern press., 1852-01-14
DUFF GREEN, BEN. f. GREEN,

.4tto'nsys at Lao, Washington City, ID. c.
DRACTICE in the Supreme Court of the
Il United States, and in the Courts of the Dis
trct Of Columbia and attend promptly to all
claims against the United States, or Foreign Gov
ernments. Tt
WARRINGTON, .4,gust /, 1851.
Sir :-After consulting many persons interested in
the principal aRoads 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 to serve
persons desiring to invest in RAILROAD securities,
or to procure information ofuny matters connected
with the construction and administration Of Rail
Roads. They also propose, especially, to urge
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 on contracts for four
years, to advance in FIVE per cent. bonds Of the
United States, chargeable upon the revenues Of
the Post Office Depnrtment,an 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 Railroads. This
is 6 per cent. on 1000. The undersigned would
urge that, instead of paying $500 mile, per an
mum, the Department should deliver, on acontract
perpetuity five $1,000 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
fewyears,pay offthe Bonds ,and give the use ofsuch
roads forever thereafter, free Of all charge there
by effecting vast saving on the present annual
ex penditures of the Po Office Department and
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
$1,000 900, which would enable that complete it's
road at an 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 CT 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 Of
the measure and respectfully suggest the pro-
priety of your sending 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 ofbringing 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 Conn
pany, may have with the Post Office Department,
or other branch Of the government.
Hoping to hear from you at your earlies, con-
venience, we are, respectfully, your OBJ, serv Is,
DUFF GREEN
BEN. E. GREEN,