The southern press. [volume] (Washington [D.C.]) 1850-1852, 1852-02-25
DUFF GREEN. BEN. +. GREEN,
Attorneys at La,o, Washington City, ID.

.4tf0rneys at Lao, Washington City, ID. &.
DRACTICE in the Supreme Court of
j United States. and In the Courts of the Din
trict of Columbia; anu attend promptly to all
claims against the United States, or Foreign Gov
ernments. H
WASHINGTON, Nitg1sst ], 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 Ra-Rond statistics and
such other information will enable them to
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 relat-
ing to contracts for carrying the mail, so to
thorze the Post Office Department to contract for
the perpetual use Of Rail Roads, and, instead #
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 . per cent. would equal tfe
payments now made.
The government now pays $500 per mile for
carrying the mail on first class Rail Roads. This
is per cent. on S5, 600. The undersigned would
urge that, instead of paying $500 mile, per an
mum, the Department should deliver, on acontract
perpetuity, five VI 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 a mile, per annum, and the $50 per mile
saved would create Il sinking fund which will, in
fewyears pay ofIthe Bonds and give the use fauch
roads forever thereafter, free Of all charge there
by eflecting vast saving on 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 contract would give to the BaIti-
more and Ohio Railroad Company more than
81, 900 900, which would enable that complete Its
road at 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 or aclon
and continued active effort, through the press and
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-
priety of your sending one or more delegates to
his civ. on the first Wednesday in December
nexi. to confer with delegates from other Rail
Road Companies, as TO the details Of the propos-
eJ orrapcemen, and the best mode ofbringing the
subject before Congress-. a.tw b,.t
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. NAV have with the Post Office Department,
or other branch Of the government.
Hoping to hear from you at your earliest con-
venience, are, respectfully. your ob't ssrv''s-
DUFF GREEN, N 81
BEN. E. GREEN,