The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1846-02-14
c. & P. Rivers Rail, Road.

NIX NHADWlCk'-Slf--lW was Hlau 10 see the
article from your Derby correspondent in the
last Caledoninn, and although shall add but
little to the views he has expressed yet you will
allow me at least to express my concurrence
in the conclusions to which he arrives relative
TO tho prosecution Of the work and the value
of the stock Of the Connecticut and Passump-
sic Rivers Rail Rood Having co.opcratcd
from the first with those gentlemen, who have
succeeded in bringing this enterprise prom.
inently and favorably before the public, md
having laborcd with them in times when very
few of our citizens felt the Importance, or, 0c-
knowlcdging its importance, hNd yet any faith
confidence in our success, it is certainly no
little source Of qualification to witness now,
not only lively interest unanimously OK.
pressed by our citizens, but the prevalence Of
strong expectations that the object will be nc.
'complshcd. There is one feature in the his.
tory Of this enterprise which is worthy Of no.
tice. In every stage of the project, whcnrv-
er the managers have met to consult upon
measures proper to he adopted oven when
tho difficulties To be- surrounded seemed most
f1rmid lblc-ther discussions have closed with
brighter hopes and prospects. Circumstances
seemingly adverse have been ovrrrulrd so MS
TO give the project firmcr hold upon the con
fidcnce ofthc public and to enlist interests in
its favor which had before stood aloor, yet
whose countcnnncc and cooperation were in
dispcnsnblc TO its onward progress.
The position which this Rail r Dad sustains
TO other Rail Roads projected and in progress
is most interesting, 1t is the indispensable
connecting link between the north rrnRrilRoad
now being constructed from Concord to Con-
nocticut River, and the St. lawrence and At
lNntic Rail Road from Montreal to St1nscnd
In other words an indispensable link in the
line of Rail Ro1d from Boston to Montreal
or the early completion of the northern r
r from Concord TO Lebanon, no one enter
toins doubt. The whole line is in progress
of construction. L.tte doubt is now enter
TIMED that, concdcnt with its completion To |
Lebanon, there viii be constructed branch
from Canaan, Il. H, to Oxford Bridge. The
plrtics-in Boston and other places along the
line, who are interested in the stock, and who
in the Direction Of the Lowell r r, the !
Nashua r. r., the Concord Il, r. and the
Northern r. II. arc the same who have sub
scribed to the stock Of the Connecticut and
Passumpsc Rivers Rln Road and who have
pledged to furnish for its construction three dol
lars to one in the country.
This offer has been made in good faith, and
will be fulfilled. Nothing but dishonorablc |
holding back of the country subscribers in pay
ing one quarter required, will prevent the pay
nent of three quarters in Boston. But more
of thatby and by.
You win see sir, that our r. r. sustans a
very interesting relation to the great lines be-
tween this and Boston, and that it is regarded
by the parties interested in those lines with |
favor and deep soicitudc.
have heard enquiries made why the first
plan of raising two millions was abandoned
as though the present plan of building forty |
miles at first was an abandonment of that por- |
ton ofthe construction wing north of the first !
40 miles. Nothing of this kind should be APP
pretended. Nothing short of reaching Derby |
Line in the shortest practicable period has en-
tered into the views of any of the parties in
tcrested; and with those who have been con-
versant with the building of Rail Roads it pre-
sents no mystery, that the completion of the |
whole line should be fastened by finishing 40
'Hiles Hrsl, ana making Lhat part productive
while the remaining 60 miles is being built
The farmer who undertakes the clearing of a |
wild lot is content to fell so many acres the |
first year MS he can prepare for crop, and
does not dream that his object would be better
or more speedily accomplished by neglecting
to avail himself of the profits which he thus
secures, for the sake oflaying the whole for
est PROSTATE at ono onerotion
SO IN the present case We propose the |
construction of 40 miles within the mex. two |
years. Mean time the northern section will |
have been surveyed,a and ready for con attracting
But the forty miles will reach point at which
the local business will ensure profit and rem
der the stock worth a premium Here then will
be fund in the hands of the shareholders avail
able for the construction of the next division. |
The Directors consider it indispensable so to
manage the concern that the stock shall be |
good, and at a late meeting, after a full dis
cussion of the plan of operations the opinion
was unanimously expressed that the stock
would be among the safest and best in New
England.
Nothing can prevent it For more than
half the distance the route is in the rich and