The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-02
DUFF GREEN. BEN. +. GREEN,
Attorneys at Lao. Nashing ton City, ID.

| attorneys at Lao. Washington City, d. C.
E1RACTICE in the Supreme Court of the
IL United States, ana IN the Courts Oft the Dis
| trict of Columbia anu attend promptly to all
claims against the United States, or Foreign Gov
ernnlents.
W AsHINoToH, .august !, 1851.
| Sir :-After consulting many persons Interested u
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 reat-
ing to contracts for carrying the mail, 80 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, chargenble 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 Rail Roads. This
is 6 per cent. on 1000. The undersigned would
urge that, instead of paying 5000 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 mile, per annum, and the $50 per mile
saved would create a sinking fund which will, in
fewyears pay offthe Bonds and give the use fsuch
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 rites 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 Bati-
more and Ohio Railroad Company more than
az, 900 900, which would enable that complete its
road at early day, and greatly increase its BUSH
ness and profits.
But to meet objections and impress the pubic
mind with proper sense of the benefits to result
from this measure will require concert OF action
and continued nctive effort, through The press ,nd
otherwise. The undersigned tender their services
to your Company, expecting a reasonable COM
pensaon, partly contingent upon tue SUCCESS OF
the measure and respectfully suggest the pro-
prietv of your sending one or more delsgates to
ih,s c,tv. on the first "wednesday in December
next. to confer with delegates from other Rail-
Rood Companies, as to the details Of the propos-
ed arrangement and the best mode ofbringing the
subject before Congress-. q ...tl
Should il 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 COW
yenience, we are, respectfully. your obi serv's.
DUFF GREEN,
BEN. f. GREEN,