Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1845-06-06
BOSTON AND MONTREAL RAILROAD.
May 30, 1916.

BosToN, June 9.
We have been looking on for a few days in Dos
ton particularly as to railroad movements, and We
entertain doubt that capitalists here are ready
to invest any amount of money required, to con
meet Boston with Montreal and Ogdensburgh.--
Boston has reaped, and is destined to reap ricf
harvests from her railroads. Thirty millions o
dollars have been invested in those roads, and this
large investment has proved the most profitable
that ever has been made: the value of real estate
in Boston and vicinity alone, by her railroads, has
been increased two hundred millions of dollars
her streets are filling up rapidly, and on every side
Of her are tokens of population, speedily to be
gathered, at least equal to any city in the Union
Her foreign shipping is enlarging-new packets tc
Europe are established, and to be established --ond
these, with the steamers, will, when the railroad tc
Montreal is completed, pour in tide of emf
grants and travellers such as can hardly be num-
bered. The day cannot be far distant when 70,0CC
or 100000 passengers and emgrants from Europe
will in a single year pass from Boston to Montrea
through Vermont. With the advantage of tim,
over Ncw-York, both in the voyage from Europe
and the transportation by railroad to Montreal we
see no reason why Boston is not to become the
leading port for emigrants from the old world
Saying nothing of the business Of New Hampshire
and Vermont it seems to us clear that the stock OF
the Central Railroad is to be exceedingly valuable
but with that business superadded, we believe the
stock is to be of the very best in the country.
The advantages to Boston of this great work
and the value and security of the investment COM
bined cannot fail to enlist both retired capitalists
and active business men to build the road speedily.
But let not Vermonters wait for Boston-nay, let
them be jealous lest Boston should reap too large
a share of the profits of the road. We advise no
man to commit himself beyond his means to haz-
ard any thing; but let such, and all such, as are
able, take stock. If there are any who dream OF
buying in stock hereafter at discount, they will
find themselves eggregiously mistaken. The
Cheshire corporation has not dollar paid in-nay,
it must put stock into market to Il large amount
before her part of the road is completed; yet
Cheshire stock has been sold already at premium
of from % to 81 or per cent We have heard
81 per cent premium offered in State street, but it
was declined by the holder.
The Ogdensburgh project eXcites very deep
interest here, and very justly. The products of
the four counties which the road will accommodate
amounted to Sl3,OO7, l35 in 1910, and their popu-
lation was I25,O4G Here then, is a vast field-a
world of iron and lead and wood-a region destin-
ed to be manufacturing, and great market for the
agricultural products of Vermont to be brought
into profitable use by railroad. Vermonters ought
to feel deep interest in this project and aid it by
all the means in their power They can aid that by
doing their best towards building their own road.
Let Windsor, Orange, Washington, Chittenden,
Franklin Lamoille, Caledonia, Orleans, Essex, and
Grand Isle, look to their interests they are in
volved in the Central road not that other roads
may not be built-we have no doubt that others
will be built-but we apprehend that never will
any be built until the success of the leading route,
connecting Boston with Montreal, shall have been
secured.