The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-27
DUFF GREEN, BEN. E. GREEN,
Attorneys at Lao. Washington City, ID.

attorneys at Lao, washington Guy, IL. L.
nRACTICE in the Supreme Court of
United States, ana in the Courts of the Dis
trict of Columbia ana attend promptly to all
claims against the United States, or Foreign Gov
ernments.
WAsHINGTON, .dug1sst ] 1851.
Sir latter consulting many persons interested in
the principal Railroads 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 serve
persons desiring to invest in Rai-Road securities,
or to procure information 0Pany 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 mall to au-.
thorze the Post Office Department to contract IA
the perpetual use of Rail. Roads, and, instead e
paying, as now, quarterly on contracts for foui
years, to advance in five per cent. bonds of the
United States chargeable upon the revenues OF
the Post Office Departmental amount, the int
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
perpetuity, five 81 900 bonds, bearing an int
rest Of five per centum. At this rate the charge
upon the department. Woulu DC TeuuCed from TouU
to $3.50 mile, per annum, and the $50 per mile
saved would create sinking fund which will, in
fewyears ,pay otthe Bonds and give the ofsucb
roads forever thereafter, free Of all charge there
by eilecting 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 a contract would give to the Balti-
more and Ohio Railroad Company more than
AZ, OO0, 900, which would enable that complete its
road at an early day, and greatly increase its bust
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 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 OF
the measure and respectfully suggest the pro-
priety of your sending one 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 ofbringng 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-
venence, we are, respectfully, your ob't serv'ts.
DUFF GREEN,
BEN. T.. GREEN,