Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1844-01-04
From The Beliows Falls Gazette.
RAILROAD

Presenting that a majority of our readers feel
great interest in the oect Of Railroad from
Burlington to Connecticut River through Rutland.
we this week publish the law Incorporating a
company for that purpose. An examination of
its provisions will show that while there are suf
ficent guards and checks to preserve public and
individual rights, the charter is in high degree
liberal in the privileges which it grants and most
certainly ensures TO the stockholders ample re.
enumeration for their outlay We do not think
that any other investment ofcaptal could be made,
which would so soon and so permanently afford
high rate of interest We believe that we are
within bounds when we say that the amount of
Tonnage now sent from those parts Of Chttendon,
Addison and Rutland counties within twelve miles
of the projected Road and which would naturally
pass over it, would be more than sufficient TO-
gether with the passengers who as matter OF course
would take advantage Of its facilities, TO pay six
per cent interest upon the cost of the Road, after
deduc,ing the nmonnt of the necessary expenses
and that a, a toll of not more than one half for
freight and passt myers which is now rad upon
the Lowell Road This is allowing for no in
crease of Tonnage arising from the completion of
me road, and The consequent increase of freight.
who does not believe that within one year from
The time when the Road shall be in operation, the
amount OF tonnage sent off by those couniirs will be
more than doubled2 The business ofthe three
large Counties of Windsor, franklin and Wind
ham, would alse furnish an amount of freight
which would add almost equally to the value of
the Stock
There is prot ably no part of New England,
where Tor the distance Of 80 miles, a railroad can
Or hnlt at less average expense than from Bel
lows Falls 10 Il summit of the mountain in Mt,
Holly; for with Trail of sc pounds to the yard,
1t will not we feel cof lent exceed $4,000 per
mile, and from Mt Holly 10 Burlington the cost
will certainly not be more than 900 per mile,
nearly % 900 less per mile than the cost of the
Nashua and Concord Road, making the whole
expense from Bellows Falls to Burlington less
than two millions of dollars.
We hope that the Commissioners named IN the
Act of Incorporation WILL with as little delay as
possible, open the Books for subscription to The
Stock A beginning must be made, and let II be
made at once. AS we have before sad, and as
we must truly believe, the stock certainly will be
r safe an lucrative investment With advnniag"
far inferior TO this the Concord and Nashua Re-
road Shares arc selling at twenty per cent Pnck
um But even if it were otherwise, If the his
should be wholly valueless to lis holders, yaIue
however there is no dangerl the increatbe lie
which would be added to real estate, alto action
and energy which would be broughib would be-
would give an impetus to business miles of the
worth more to those living wthio.osl for IFS con.
Road than twice the sum Il wogiont 90 enrnest.
struction LIE, the people Of commencement of
ly to work, let them for M themselves. and
this great enterprise rely JmPlete It aid will DO
they may DO certain that