The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-24
DUFF GREEN, BEN. Il. GREEN,
ATTORNEYS at Ian. Washington City, d. c.

attorneys at Lap, Washington Guy, ID. L.
DRACTlCE in the Supreme Court of
u United States, and IN the Courts of the Dis
trict of Columbia anu attend promptly to all
claims against the United States, or Foreign Gov
ernments.
WASHINGTON, august |, 1851.
Sin 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 as 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 Raj!
Roads They also propose, especially, to urge
upon Congress modification of the laws relat-
ing to contracts for carrying the mail, as TO au
thorize the Post Office Department to contract 70,
the perpetual use of Rail Roads, and, instead e
paying, SIS now, quarterly on contracts for foul
years, to advance in five per cent. bonds Of the
United States, chargeabe upon the revenues OF
the Post Office Departmental amount, the int
rest upon which at per cent. would equal II
payments now made.
The government now pays $500 per mile f,r
carrying the mail on first class Rail-Roads. This
is 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. At tins rate the charge
IlpOn the Department would be reduced from S.UU
to $3.50 mile, per annum, and the $50 per mile
saved would create q sinking fund which will, in n
fewyears, pay ofthe Bonds and give theuse ofsuch
roads forever thereafter, free of all charge there
by eilecting a 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 Baltl-
more and Ohio RAILROAD Company more than
s2, 900 900, which would enable that complete its
road at early day. and greatly increase its bust
ness and profits.
But to meet objections and impress the public
mind with II 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 tc
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 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, 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 obi serv''s.
DUFF GREEN,
BEN L. GREEN,