The northern galaxy. [volume] (Middlebury, Vt.) 1844-1848, 1846-12-01
THE WAY CLEAR

A sufficient amount of stock having been
subscribed on the books of the l.. G. d Z. H.
tRaiIrc ad Co, TO induce the directors 10 pro
lceeded at once 10 the commencement al THIS
great enlerprisr-ihey have resolved TO adj
verlise for proposals for grading: &c. forth
wiih-so that we may with certainty look
forward 10 an early commencement and spec
DIV completion OF ii work OF internal improve
ment which is so much wanted, and lot
which we have so long struggled.
Already the Directors have received pro-
posals for large contracts al prices much
| less Than the estimates; and il is confidently
believed that the whole grading can be con-
trat led for 10 or II 2 per cent less man
The estimate. Mr. Gilberts second explo-
r,Iions at Mt. Holly have established the
lact that tie earth is deeper and the rock
less than he at first supposed, and conse-
ouenrly that the expense there will be mech
essened. The price OF iron has fallen al least
ten dollars per ton since his estimate, and
The probability is that il will fall still lower.
So that il seems now 10 be reduced 10 Ger
tainiy that the Rutland Road, from Bellows
Falls TO Burlington, II miles, can be built
in the mosl substantial manner for less than
81 SOC, 000-making the cost 81: 367 per
,niIe,-ihe cheaI est Railroad in New Eng
land, Of IFS length. The average cost OF the
Massachusetts Railroads is S42, Ala per mile
nearly double the estimated cost Of this; and
vet the earnings Of the Massachusetts Rail
roads are l1ore than seven per cent over and
above the expenses. Does il neeG any DEM
onstraion TO satisfy the most cautious that
the stock OF The Rutland Railroad will be Of
the very first class OF Rail Road stocks?
The Directors OF the Cheshire Railroad
contemplate opening that Road as far as
Keene, by the first Of September next, and
10 Bellows Falls in the following Juy.-The
letting of the Rutland Road this fall will en-
able the Directors 10 have this completed as
soon as the Cheshire shall be open TO Bel
lows Falls, so that by July 1913, we may ex-
peot 10 see the whole line Of Railroad from
Burlington 10 Boston completed.
While the Railroads to Boston are being
pushed forward with great vigor, il is with
with little less zeal, but not less certainty that
the New York Railroads are pushing on TO
Western Vermont. The North Adams
Railroad has been opened for business now
nearly two months, and proposals are al
ready made for its extension 10 Bennington,
which will be completed undoubtedly in an
other year. The New York and New Ha-
ven Railroad, inierSertlng the HousaioDic
Raj road at Bridgeport. is under contract 10
he completed in anulher year, which will
make perfect, direct and continuous Rail
road from the City Hall in New York. TO
Bennington, all 10 be completed before a
year from next January. and many have but
little doubt that that the link from Bennilr-
ton TO Rutland will be soon filled up, which
will then make continuous Railroad from
New York cilV IN RnrIinufOn
Well il is known fact that one Railroad
makes business for another and all we have
to say 10 our Railroad iriendsis TO $50 ahead
and the enterprise and spirit Of our people,
the produciiveness ofodr soil, and the min
eral resources OF our mountains will give you
all plenty 10 do in the way of transportation.
and all thai tends TO make Railroad STOCK de-
sircable,-R uland Herald.