Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1845-08-21
RAILROAD MOVEMENTS.

RAILROAD MOVEMENTS.
Permont CentrdL-Mr. FELTON,, the chief ongi-
neer is now upon the ground, and the parties will
be arranged, soon possible, for the survey of
the whole line preparatory for the location of the
road and the letting of contracts We are happy
to say that the stockholders are beginning to pay
in the first assessment in anticipation of the LIST of
September, which was assigned as the day of pay
ment This is good omen, foreshadowing prompt
performance of their duty on the part of the stock
holders: nothing at this moment can 90 so far to
ensure public confidence, at home and abroad, both
in the success of the enterprise and the value Of
the stock ITSELF as the prompt payment of the first
assessment. Aside from this, the payment of in
terest semi-annually, on the amount of stock paid
in leach stakeholder has the privilege of paying in
the whole or any part of his stock on the LIST of
September) makes the earliest possible investment
desirable. A six per cent stock, payable semi
annually, with a certain prospect of bringing at
least ten per cent when the road is fully in opera
ton, is not to be had every day and we again adj
wise our friends to hold on upon what they have got
and get what they can. word in reference to
the surveys: all routes will unquestouably be sur
veyed, and various lines will be run, but it will not
follow that every line run will be the true one
The design is to get The best route, and every line
run will serve this design in one way or another
even high mountain line, impossible by rail-
road will serve TO prove the correctness OF other
lines. We make this remark to allay unnecessary
anxiety which may arise in the course Of the sur
vey.
OgdenSbug Route.--The books were opened in
Boston the present week; this project is in high
favor there, and anticipate full subscription at
an early day. On the line of the road the sub
scriptions have already been liberal, and the land
generally has been freely released including ren-
~ acres for depot in the village of Ogdensburg
This seems large lot for depot buildings, yet we
are told that much larger is now counted upon
there -siriy acres.
PdSSunpSic Rouie.-The managers of this route
are i'll motion, and will soon be after stock. We
believe their charter enables them to run in the
valley Of the Connecticut and connect either with
the Central road, or the Haverhill, any other
touching Connecticut River; whether any thing
deniteus TO this point is, will be at present de-
cided upon, we have not learned.
IuHuHu hOut'-l Ills SOes very 1dTu III DOsIOn ;
indeed, up to the middle of last week the commit
tee had secured but fraction of the amount re-
quired-hardly a beginning. We believe it i'm
possible to get their stock in Boston, and regard it
as fortunate for the subscribers in Vermont that
they cannot succeed: fortunate, because we are
convinced that a road over Mount Holly never can
be proiitabe-not, however, for the want of sufli-
cient business to be done in iray, but because
of the difficulties in the route ITSELF and the facili-
ty for doing much of their business through other
channels. With the example of the high graded
Western road i'll view, and the obvious circumstan-
that the business of the west side of the noun
tains, and the country beyond would be diverted
both by the Central road and the navgable waters
of the Lake and Champlain canal, the conviction
above expressed is sincerely and strongly enter
tained A conviction of the difficulties of this
route is beginning to be felt by of its friends,
and we hear of some of them who are disposed to
abandon the Mount Holly route and go for line
entirely on the west side of the mountains through
Bennington county, to Pittsfield, Mass. The so
called new survey of Mr. Gilbert goes to confirm
rather than lessen the difficulties of the Mount
Holly route From his report, as amended in a
note published in the Boston Courier, and from the
first survey of the Central road, amended by new
line over the summit we make the followinr I'm bo