The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-06
DUFF GREEN, BEN. Z. GREEN,
attorneys at Lao, Washington City, d. C

attorneys at Lao, Washington City, ID. c.
E1RACTICE in the Supreme Court Of the
Il United St"tes. ana IN the Courts OF the 80.
trct Of Columbia anu attend promptly t. n
cla. against the United States, or Foreign Gov
ernments.
W ARLINGTON, august 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 Rail Road statistics and
such other information will enable them to serve
p rsona 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, as to nu-
thorze 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 ints-
rest upon which at 6 per cent would equal II :
payments made.
The government now pays 5000 per mile for
carrying the mail on FIST class Rail 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 acontract
n perpetuity, five 81 900 bonds bearing an int
rest of five per centum. At this rate the charge
TO $3.50 mile, per anDum, and the $50 per mile
saved would create sinking fund which will, in
fewyears pay ohe Bonds and give the use OF such
roads forever thereafter, free of all charge there
by eflecting vast saving on the present annual
ex penditures of the Pc Office Department and
a consequent. reduction of the rates of postage.
The effect will be less advantageous 10 Rail
Road Companies than to the government. For
instance, such contract would give to the Balti-
more and Ohio Rail-Rord Company more than
g, 900 600, which wouii enable that complete It's
road at early day, and greatly increase its busi
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 # action
and continued active effort, through the press nd
otherwise. The undersigned tender their services
to your Company, expecting reasonable COM
pensa'iop, partly contingent upon the success OF
the measure and respectfully suggest the pro-
priety of your sending one more delegates TO
his city, on tie first Wednesday in December
next. to confer with delegates from other Rail-
Road COMPANIES, as to the deta Is Of the propos-
ed ARRANGEMENT and the best mode of bringing the
subie before Congress.
Should it be your pleasure to accept OF our
services in this matter, we will promptly attend
to all 9th r business. which you, or your Com
or other branch Of the government.
Hoping to hear from you at your earliest con-
venence, we are, respectfully, your ob't serv is.
DUFF GREEN,
BEN. f. GREEN,