The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-04
DUFF GREEN. BEN. L. GREEN,
attorneys at Lac. Washington City, ID. C..

attorneys at Lac. Washington City, ID. c.
nRACTICE in Inc Supreme Court of the
United States, una IN the Courts of the Dis
trict of Columbia: ana attend promptly to all
claims against the United States, or Foreign Gov
ernments.
WAsHiNGT ON, .7ugust l, 1851.
Sir 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 Railroad 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 relst-
ing contracts for carrying the mail, so 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 Depurtnent,nn amount, the inte-
rest upon which at q per cent would equal t
payments made.
The government now pays S3OG ner aile for
carrying the mail on first class RAILROADS.. This
is per cent. on $4,000. The undersigned would
urge TINT, instead Of paying $500 mile, per an
NUN, the Department ,hould 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 annum and the $50 per mile
saved would create sinking fund which will, IN
rewyea pay offihe Bonds, and give the use ofsuch
roads forever thereafter, free of all charge there
by effecting a vast saving on the present annut
expenditures Of the Pc Office Department, an
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 than
AZ, coo 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 \ it'll proper of the benefits to result
from this measure will require concert CT acton
and continued active effort, through the press nd
otherwise The undersigned tender their services
to your Company, expecting re. COM
pensarion, partly contingent upon the success OF
| the measure and respectfully Suggest the pro-
pretv of your sending one or more delegates to
his ciiv on the first "Wednesday IN December
neyt 10 confer with delegates from other Rail
| Road Companies as to the detals OF the propos-
cd Arrangement and the best mode OF bringing the
| subject before Congress.
| SbouId il be your pleasure to accept Of our
seryces in this matter, we will promptly attend
| 70 aIl 9th. r business, which you, or your Com
many. NAV 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 servts.
DUFF GREEN,
BEN. E. GREEN,