The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-03-08
DUFF GREEN. BEN. e. GREEN,

attorneys at Lao. Washington City, d. c.
DRACTlCE in Inc Supreme Court of
IL United States, ana In the Courts ofthe Dis
trict of Columbia anu attend promptly to all
claims against the United States, or Foreign Gov
ernments.
SIR AFTER consulting many persons interested In
the principal Rail Roads in the United States, thu
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 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 Raj!
Roads. They also propose, especially, to urge
upon Congress a modification of the laws relat-
ing to contracts for carrying the mail, to au-
thOrize the Post Office Department to contract for
the perpetual use of Rail Roads, and, instead Il
paying, as now, quarterly on contractsA Or foui
years, to advance in five per cent. bonas of the
United States, chargeable upon the revenues OF
the Post Office Departmental amount, the inte.
rest upon which at 6 per cent. would equal tt z
payments now 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
perpetuity five ST. 900 bonds, bearing an inte
rest Of five per centum. At this rate the charge
upon the Department would be reduced from $500
10 ESoU Inllc PEI utliluIIiS anu TOO per IHHc
saved would create sinking fund which will, in
fewyears pay ofthe Bonds and give the ofsuch
roads forever thereafter, free Of all charge there
by efTecting vast saving on the present annual
expenditures of the Pc Office Department, and
Il 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 more than
g., O0O, 900, which would enable that complete its
road at an early day, and greatly increase its bust
ness 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 a reasonable COM
pensation, partly contingent upon the success OF
the measure and respectfully suggest the pro-
priety of your sending one 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 ofbringing 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, 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-
venience, we are, respectfully, your obi serv'ts.
DUFF GREEN,
BEN. f. GREEN,