Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1849-06-28

In 1899, May 90, the Directors Of the Nashua
and Lowell Road in their report TO the Stock.
holders said: awe have already suggested that
the expected fIeighling business on our Road
was OF moInen'ous import to u.s. From III" short
experience we have had, VIC are no, inclined to
place the annual amount lower than 2O,0O0 toms"
This was prediction in lo;I9. What is the re-
atty? The same Directors announce in their
Report OF May 80, lSi9, that the Freight last
year actually amounted to 1889 tons
Now mark The prediction was 10000 tons
yenr. The reality is 1850 tons year. The
estimated number Of passengers on this same
road Tor the year was 10000. The actual nun
Der last year was 26D795. What an increase
The increase of business on the Frchburg road
Is no less astonishing. But even this, now ia
nous Fnchburg road, before 1t had reached lis
terminus, presented melancholy exhibition in
It's receipts lis officers and warmest friends
were seriously alarmed. The secret was, the
roud was stopping few miles short of its main
poirt OF business when this was reached, bust
ness poured in upon the road as by cnchantment.
The reality far exceeded all expectations. Ga
the Boston and Worcester rood, ton, after it had
0ceh Ia operation more than a year. the freight
ny business was 80 very itlllng, that one 81 the
Directors Ia man u,nung III" foremost Of us
lrlrnds,l actually proposed, 1hni The Corpora.
ton fdrm ont The entire priUtiege u carrying
Freight oUr The rondJor 1000 pr Gnnum ~
Aud yel this road received. III lS4c, on account
OF freight alone, $3.50 072, ot which $4,000
was NET PROFIT.
Mark again: Tho proposal was TO lease for
8 $40 year. The actual Net Profit Is Sl75,-
OOU ~ one year
Aud what shall we say of tho Western Road,
that croN nI1g product of enterprise aud patriot
lsL? Why, the receipts of This road Tor the
inst three months alter It reached Springfield -
% mlIcs-wtre only Sl7,G09 10. The cost o.
running, the meanwhile, was 1850 Ga. Net
earnings, for three months, S3,22o 81.
But the Western Road was nj last pushed on
TO It's great points OF business, to its termination
WHAT Is the result? Why, an annual income oi
upwards ct Sl,3v00C0, aud eight per cent. div
lden, on capital Of nearly Sl0,000,000. IN
TINS full tide OF prosperity, both Individuals and
the pubic are ort to forget the low point to
when The stock of this road was at Que tine de-
pressed. Hardly man could be found tlrn to
speak IN its favor. 1t was neither desired nor
| respected. Men of the highest authority, prin.
ces even, IN railroad affairs, openly pronounced
tile stock not worth IA dollar Time has shown
the lnadeunacy Of their views; that the c.anor
aud prejudice against the stock and the pros
poets Ut tue road were short-slghtcd and with
out foundation; und that the prohiableness of
road Is not 10 lie Jud led otby the business which
part OF II may do when the great points oil bu-
sihess are unrrdched.
! The Vermont Central Road al present stops in
SHE wU,ds." Sky seven miles To be sure are
| III operation; sllli 1t has not reached its man
| feeders. But even isolated as 1t now is, its
monthly earnings amount to more than $4,000,
ana II ncts ali ul tour per cent. already on the
capital expended On the part now IN operation.
Compare tins with the showing Of the valuable
loads above named, when they we're but patty
opened; ANA tell u, VINO ought to complain =
VINO ought to be disappointed? who ought not
rather 10 thank God, take courage, and press on
ward?
Ruyaliun, Bethel, gnd Randolph arc point.
where considerable business comes on 10 the
Central Road but Mon pelrr Is The first impor-
tdni point on the line. This place is the outlet
OF great, productive, populous and cn,erprslng
lhl thd region. Waterbury is another point OF
perhaps equal Importance; but nothing snort OF
the terminus Of the Road at Like Champain, in
Burlington, Will aiiJrd' q visible aud practical
demonstration Of the vast business which the
= entral Road is destined u do.
The road viii t,ach Montpelier IN few days,
and Waterbury durihg the summer. So much
has been done upoI lhe road between Waerbu-
ry and lne Lake, that the interests oi stockhnld-
Cgs Inperously demand that II he Completed as
soon US possible.
In passing over the line of the Central Road
one CON OBTAIN no adequate idea of the extent
position, fertility, and general resources of the
conGtry. lie passes along IN deep gorge
which nature has made on purpose TO let tlroug I'll
the road. lie needs to climb up to thu top OF
those mountain ramplrts which overhang hin in
order TO see the t1IurlsinI villages wnIcn he
eptngle the Safe, or get view OF the uiuiill
'its, INC rch and grie IcclIvlties, AMI Il waited
d'd 'rultl"i pans, wniCn c'nro'r the grnc' Al
>iIIldCc III k/CtItriI IL u - l..