The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-02
DUFF GREEN. BEN. Il. GREEN,

Attorneys at Lao. Washington City, ID. C.
ERRACTlCE in Supreme Court of the
u 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, .7ugusi l, 1851.
SIR AFTER consulting many persons Interested
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 will enable them to serve
persons desiring to invest in RAILROAD securities,
or 10 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 mail, as to au-
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 Departmental amount, the inte-
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 -Roads This
is per cent. on $4,000 The undersigned would
urge that, instead of paying $500 mile, per an
mum, the Department should deliver, on aconract
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 annum, and the $50 per mile
sa we'd would create sinking fund which will, in
fewyears pay oifthe Bonds and give the use ofsuch
roads forever thereafter free of all charge there
by e1ecing vast saving 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 Balt-
more and Ohio Railroad Company more than
AZ, 600 900, which would enable that complete It's
road early day, and greatly increase its busI-
mes. and profits.
But to meet objections and impress the pubic
mind with a proper sense of the benefits to result
from this measure will require concert OF actlon
and continued active effort through the press md
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-
prie,y of your sending one or more delegates to
| his eitv. on the first Wednesday IN December
next n confer with delegates from other Rail
Road Comnanies as to the details Of the propos-
cd arrangement and the best mode ofbrnging 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, your Com
pany, may have with the Post Office Department,
or other branch Of the government. r...
Hoping to hear from you at your earliest corr
ysnience, we are, respectfully, your obi servis.
DUFF GREEN,
BEN. E. GREEN,