The northern galaxy. [volume] (Middlebury, Vt.) 1844-1848, 1845-06-11
VERMONT RAILROAD.
1.-THE Editor O he Courier:

I,He Editor Gf the Courier:
learn from various sources, among which
arc the newspaper discussions OF the subject,
that it seems 10 be settled point that Boston
must he connected 10 Montreal by means Of
a Railroad. The projects which appear Just
now TO attract the largest share public no.
iicc, appear 10 be lie conflicting ones which
aim 10 extend the Cheshire road from Bel
lows Falls to Burlington. There is alwaysa
ready and simple way oiseiiling these CON
iiciin2 projects, ana il is one TO which The
friends Of either are always compelled to sub
nit, and which is always The 5eitey way. 1t
is well known to vonr readers, that the stock
OF every railroad which radiaies from Bos-
ton, without single exception, is at this
present moment ADORE par. And fills is true
Of The Cheshire road even, which is not vet
located, and in the construction of which
there has not been dollar expended. The
appreciated value of these stocks, rs con
trasied with the deprecated value OF stocks
in other sections of or country, is no matter
Of fortunate chance; it results from the GER
tain fixed principles, which have controlled
,ston enterprise and hive given direction 10
Boston capital. in protecting and COMPLETING
h r numcr ms ard profitable railroads. None
have been built as matters of experiment or
amy proposed road have appealed for aid 10
the business men ard capitalists of Boston,
they have been required, in the outset, TO
show that II was practicable, and that the
business ofthc section Of country through
which it should be constructed, would, Of IL
SELF, IN all reasonable probability, render the
capital to be invested in it safe and produc-
five. An adherence 10 these principles or
motives Of action lies, without question, at
the foundation ofthe universal prosperity of
our various RAILROAD Companies; and we
may safely predict that 20 departure from
course OF policy whose excellence has thus
haea demonstrated, will, or ouyh; 10 be,
liberated SO long as our railroads cOniin-
ue 10 he built through those sections where
i''e nuSii'ess CT line will sustain them so long
and so long only. may we safely c,-nnc, tbo,1,
10 be stable and profitable ente-rr;S ,.,'
When other and different motives arc rel
and we suffer ourselves 10 DO swpvrd h.,
them, we may safely expect to be led as
trav
1t is easy 10 apply these principles 10 the
case Of two conflicting roads, having for their
proposed terminus the same point and il sro
'ais topic that | wish briefly 10 advert Two
fou,es are surveyed and found to be practi-
canie, Tor continuing he Cheshire road from
bellows Falls 10 Burlington-the one on the
eastern, and the other on the western size of
The Green Mountains. Ii NAV be conceded
IN this argument, that the road through the
otter Greek 1.-THE Rutland route although
tee,ny-S'r miles shorter, will, owing 10 its
somewhat higher grades, cost nearly as
nluch as that through Montpelier. Ether
road ihen, may be estimated to cost not far
rem Three millions orGoIlars in IFS consrrnc-
non ana equipment Then comes The dec;-
slve question, the reply to whlch-unIess onr
our capitalists have grown suddenly dis,rus,-
iul oil their own SUPPLEMENTARY de,arn';so
The matter ofPreference:-Uhich If tb .se
roads iriH contribute in the highest deg,sa 90,
THE BUSINESS AND RESOURCES OF Tpr srn
TON OF COUNTRY THROUGH WHICH IT ,s 10
rAss' 10 the prosperity of Boston, and TO The
consequent raiue ofds stock? And il is. Of
course admitted Thai, 10 be of any confroIl-
ing iorce, this difference must be clear and
. fbusl've, and very considerable. II have
r r,"s s'sIed the question between the two
a ao: larry, and as it will be likely 10 he
. ;CT by the business men and cani,aI.
-. Of Boston: am sure need bardlv accn- /
~ yonr valuable columns with an answer UY. 70 /