The northern galaxy. [volume] (Middlebury, Vt.) 1844-1848, 1847-01-19
THE GALAXY.
MIDDLEBURY. VT.
Tuesday, Jan. 19, 1847.
RAIL ROAD MEETING.

Connecticut River rail road Company was
held at Rutland on the 18th inst. The fol-
lowing Directors were chosen for the year
ensuing. Timothy Toilet. Samuel P. Strong,
Charles LiusIey, Paris Fletcher, John A. Co.
nant, Chester Granger, George t. Hodges,
Nathancl Fullerton, William Henry. Of YER
mont John Elliot of Keene N. II. and Ma
than Rice, John Howe and Benjamin T..
Reed of Boston. Mr.. Toilet was elected
President by the directors, and Mr.. Gilbert
who possesses The full confidence Of the board
is continued Engineer. In relation TO that
portion Of the road which has not already
been contracted for, the meeting passed the
following resolutions:
Resolved, That the Executive committee
be directed TO have the line Of the road from
Brandon to Mount Holly located and prepar-
ed for lettings, and that the lettings be ad-
yertised IN season to have the gradings COM
pleIed by the first day Of January 164o.
Resolved, That the same committee be di-
rected to have surveys of the main line to
PitIsford and Salisbury and estimates made
10 make it unnecessary,
We understand that the meeting was large
enthusiastic and perfectly harmonious in all
its views proceedings. Numbers of the most
experienced contractors from New England
and New York were present. Contracts
have been completed for the whole road ex
cept from Brandon to Monnt Holly summit
much below the most reduced estimates Of
the engineer. Messrs. Pratt and Co. have
taken the whole distance from Burlington to
Brandon Of 81 1-3 miles, at the rate Of 81, us
per mile, including grading. masonry. bridg-
inss, farm and road crossings. indeed every
thing necessary 10 render the tract complete
FOR the reception of the rails which they are
to fix upon the track he company furnishing
the same,l and 10 be ready for running the
cars by the first day of October l548. Coco
judges compute the expense Of the iron at
sc 0OU per mile making the whole cost $l3,-
175 per mile. A contract with another COM
pany for the construction Of the road from
the summit of Mount Holly (incudiug the
summit) 10 Bellows Falls 10 be completed to
the same extent as on this side Of the noun
tain has also been closed, at the rate Of S12
900 per mile.
To show the confidence Of the contractors
in the value of the stock one Of these compa
mics has subscribed for it TO the amount Of
$50,
These contracts have been taken at least
100000 less Than the estimates of the en-
gineer, and including engines, cars. land
damages, Depots and every other Imaginable
expense it is believed will hardly swell up the
cost OF the road to $4,000 per mile. 1t will
be the cheapest road ever projected in this
section of the country. The great western
road in Massachusetts averaged $4,000 per
mile. The Fitchburgh 100000 per mile ana
the Cheshire and Vermont Central cannot be
estimated at less than $4,000 per mile.
And now we rejoice in The opportunity at
lorded us 10 congratulate our fellow citizens
upon the brilliant prospect of that noble pro-
ject about which for two years past we have
written and printed and prophesied so much.
We stand on the threshold OF new era for
Western Vermont. The construction of the
Rutland road is now as certain as any future
event. The stock must be the most available
OF any in the market. Even should the peo-
pie Of Vermont sleep over their best interests,
as the most profitable feeder to the Cheshire
and FitchburSh roads, and to the Gus mess of
Boston the eastern capitalists will not foreso
the advantage and profits of its completion.
Penetrating the richest mineral and agricul-
tural region in New England, land populous
portion of the country. its way business must
afford it an ample support. Beyond this and
for the business hey ond theLake &oi Canada
it will have lut feeble competitor in the
Central which wilIabsorb double its expense
in its construction, and by way ofFitchburgh
measures &c miles greater distance from Bur-
lington TO Boston,