The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1846-07-11

" lhe iolloWlhB paper nus peeh seht wv W
one ofthe Directors of the Connecticut and
Passumpaic Rivers Rail Road
To the Stockholders of the Con-
necticut and Passumpsic Riv-
ers Rail Road.
The efforts which are being made 10 mis-
lead public opinion as to the effect oflaiiug 10
procure n charter for the Northern Extension
Rail Road seem TO call at the present time for
a statement Of facts 90 Tar ns regards the Com
nocticut and Passumpsic Rivers r. r,
And first the failure of the Northern Exten-
sion Charter will not defeat the building oftho
Connecticut and Pnssumpsic Rivers Rail Road,
The work will be prosecuted within the same
time as though that charter had been granted,
I'd No greater distance of Road will be re-
quired to be built in going from Oxford Bridge
TO the Northern r. r. at the mouth of White
River, than would have been required TO build
from the same point to the Northern r X. at
| Canaan.
Sd. The Stock ofthe &. d L. r.. Il. r. will
not suffer by the failure of said charter, since
an increased business will be brought on 10
the Line from the lower valley of the Conncc-
ticut
4th. The Boston subscribers have at no
time indicated that the obtaining the Northern
Extension Charter should be n condition for
building the c. q. p. II. Il. r., but on the con-
trary have uniformly alledged their determi-
nation to build the White River section should
the Extension Charter not be granted, stating
that il could make no difference, as to the ul-
innate completion Of the whole line. whether
the cars were first placed upon the white Rv-
er section or the Wells River section. In eth
or case the completion of the first section
would be the signal for the commence ment of
the next and so on The principal advantage
to be gained by occupying the Northern Elk
tension route-boing a saving oftravcl mot a
saving Of distance Of construction of about rs
miles as was supposed, in going to Boston,
This difference is found to be but II miles
5th. The question whether the Boston Con
cord and Montreal, (thnt is, the Meredith and
Plymouth) Road in ~ Hampshire will or will
not be built has no conncxion with the prose.
cution of the c. 4. 7. Rivers Rail Road, since
the friends Of that line have at no time pro-
posed to aid in subscribing to the stock of the
latter, and had the friends or the Passumpsic
Road waited for the stock of the Meredith and
Plymouth Road 10 be subscribed before open
ing the Books, the favored time for commenc.
ing the work would have passed by, and in
stead of the present fattering prospects, an
other seven years might pass before they
could revive the project with n reasonable
prospect of success Meantime other lines
would have become established for the long
travel, and the most which could be expected
would he tributary branch for the Hccommo-
dalton ola portion only of the local business.
9th. The country subscribers to the stock
of the G. ~ z. II. II. X should be slow in Civ
ing creditto the adverse representations which
at present are being made by those interested
opponents, who, It will be recollccted, have |
been so very much mistaken in what they |
stated for facts few months since.
The management of the concern is in the !
hands of competent Board who never have
and never will betray the interest of the stock
holders, and who are eonfidento of being able |
to carry forward the enterprise in manner
which will secure its accomplishment and rem |
der the stock equal to that ofthe grea, lines
below