The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-01-31
DUFF GREEN. BEN. E. GREEN,

.ai,orneys at Lao. Washington City, ID. C.
nRACTICE in the Supreme Court Of the
United States, ana in the Courts the Dis
trict of Columbia ana attend promptly to all
claims against the United States, or Foreign Gov
ernments.
WASHINGTON, August l, 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 Rail Road statistics and
such other information az will enable them to
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 mall so as to auz
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, chnrgeable upon the revenues Of
the Post Office Departmental amount, the inte-
rest upon which at s per cent. would equal the
payments now made.
The government now pays $500 per mile for
CARRYING the mail on first class Ral.Roads. This
is 6 per cent. on $1,000. The undersigned would
urge that, instead Of paying $500 u mile, per an
nun, the Department should deliver, on acontract
n perpetuity five 81, 900 bonds, bearing an int
rest Of FIVE per centum. At this rate the charge
upon the Department would be reduced from $500
to $3.50 mile, per unnum, and the $50 per mile
saved would create sinking fund which will, IN
fewyears pay otfhe Bonds and give the use ofauch
roads forever thereafter, free of all charge there
by effecting 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 10 the government. For
instance, such contract would give to the Balti-
more and Ohio Railroad Company more than
AZ ZOO, 900, which would enable that complete its
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 Dement'S to result
from this measure will require concert or action
and continued active effort, through the press ana
otherwise The undersigned tender their services
to your Company, expecting reasonable COM
nensaiion partly contingent upon the success OF
the measure and respectfully suggest Inc pro-
priety of your sending one or more delegates 70
This city, on the first Wednesday in December
NEXT to confer with delegates from other Rail
Road Companies, MS TO the details OF the propos-
cd arrangement and the best mode ofbringing the
subject before Congress. 4
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-
verience, we are, respectfully, your obi serv'is.
DUFF GREEN,
BEN. L. GREEN,