The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-13

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nRACTICE in the Supreme Court of :.
IL United States, ana IN the Courts oil the Dis
trict Of Columbia ana attend promptly to all
claims against the United States, or Foreign Gov
| ernments.
| WARRINGTON, august !, 1851.
Sir later 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 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 Rail
Roads. They also propose, especially, to urge
upon Congress modification of the laws reIat-
ing to contracts for carrying the mail, SO as to au-
thorize the Post Office Department to contract foy
the perpetual use Of Rail. Roads, and, instead Of
paying, as now, quarterly on contracts for foul
years, to advance in five per cent. bonds of tn.
United StLtes, chargeable upon the revenues Of
the Post Office Departmental amount, the int.
rest upon which at per cent. would equal tf
payments no made.
The government now pays $500 per mile fer
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
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 a mile, per annum, and the $50 per mile
saved would create q sinking fund which WILL in
fewyears pay otfil Bonds and give the use ofnuch
roads forever the AFTER free Of all charge there
by effecting VIZ saving on the present annual
expenditures Of lie Pc Office Department, and
a consequent rejection 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 TIE Bau-
more and Ohio Railroad Company more than
81, 000, 900, which would enable that complete its
road at an early day, and greatly increase its BUSH
mes. 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 Of bringing the
subject before Congress-.
Should it DO your pleasure to accept Of our
services in this matter, we will promptly attend
to all other business. which you, or your Com
pany, uay 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 obi serv'ts.
DUFF GREEN,
BEN. e. GREEN,