The southern press., 1852-01-10
DUFF GREEN, BEN. Il. GREEN,

Attorneys at La,c, Washington City, d. C.
DRACTlCE in the Supreme Court of the
L. United States, and in the Courts OF the Dis
trict of Columbia ; and attend promptly to all
claims against the United States, or Foreign Gov
ernments.
WASHINGTON, August l, 1851.
Sir latter consulting many persons interested in
the principal Rail. Roads in the United Staies 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 Rai-koad 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 reIat-
ing to contracts for carrying the mail, to
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 Dep6rtnent,un amount, the ne-
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 RaiRoads This
is 6 per cent. on S5,O00. The undersigned would
urge that, instead Of paying $500 mile, per an
mum, the Department ,houd deliver, on aconract
perpetuity FIVE NJ, 900 bonds, bearing an inte-
rest Of five per centum. At this rate the charge
upon the department WOuIQ ne reduced from yJUU
to $3.50 mile, per annum. and the $50 per mile
saved would create sinking fund which will, in a
fewyears, pay ofthe 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
Il consequent reduction of the rates Of postage
The effect will be no less advantageous TO Rail
Road Companies than 10 the government. For
instance, such contract would give to the Balti-
more and Ohio Railroad Company more than
S2, 900 ,0O0, which would enable that complete it's
road 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
The undersigned tender their services
to your Company, expecting reasonable COM
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 ent and the best mode Of bringing the
subject before Congress.
Should it be your pleasure to accept Of our
services in this matter, we will promptly attend
10 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, are, respectfully, your obi s.rv'ts.
DUFF GREEN,
BEN E.. GREEN,