Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1849-06-21
RAILROADS, &c.
Vermont Central Railroad.

our paper is Put TO press on Tuesday we can
not say therefore that the cars have reached
Montpelier. They ,oW be there on Wednesday
the goth. The Directors have determined to is
sue new stock at $50, to complete the road, of
which further particulars will be given next
week.
From the Boston Olive Branch, June ~.
| o. We call attention to an article that fol-
lows, which is from the pen Of one Intimately ac-
quainted with tho affairs Of this and all other
Railroads in New England as well as the PROS
poets Of that building to Ogdensburgh which
Will connect with the Vermont Central Road
From this gcntleman's article, it appears that the
prospects the Vermont Central Road IRE much
better IMAM was supposed by the writer of the
article on that road, in our paper of last week.
Every bostonlan cannot but wish success to this
| road.
The Vermont Central Railroad is part of tho
line OF railroads from Boston to OndensburplL-
BY this line of railroads. barrel Of flour can
be placed in Boston, from Cleveland, at a cost
as ioows:-
From Cleveland to o .dcnsburg 5000
From Ogdensburgh 10 Boston $3.50
Toa from Cleveland 10 Boston per Dbl, $3.50
and his is cheaper than the cost Of fratsDoyi,iiop
from Cieueiand 10 .Nelc York Gin by ann Of the
eristing channels. The completion of the whole
| line OF railroads from Boston TO Ogdensbufrb is
therefore great object for promoting the trade
of Boston. II i0W make Boston as great a shin
ping port as NeO York City notU is, for the Great
nest, MT only for exports but also for imports.
| This line Of railroads will Of course, when
completed, be very profitable, as to the passen-
gers and freight TO aud from the Great West
In the mean time, the Vermont Central Railroud
FINISHED as it will be tbs gear, to Burlingtou)
will also be very profitable, from the local traffic
on its line, and from the traffic which, (slating
at Lake Champlain) will locate on It's own line,
on The Passumpslc Railroads, on the Northern,
on the Concord, OH the Nashua, and on The Low
u! Railroads.
The region round Burlington is full of lime,
and none of this article is to be found on the
lines of railroads above named. On the line of
these railroads there Is u great CONSUMPTION of
salt, which The policy OF New York State car.
rles al cheap rate OF tolls, on the New York
public works from Syracuse TO Burlington. The
-four, the beef. the pork Of the Great West,
brought to Burlington through the Erie and
Champlain Canals, viii (belore the completion
OF the Ogdensburg RNilroad) be consumed in
considerable quantities, on tue lines Of the rail-
roads above named.
The lOcul pre-existing movement of persons
| and OF goods on the Vermont Central Railroad
is already very large, and when four. folded las
|
very great income, for The Vermont Central Rail-
road llLe is full OF good farms and excellent
water privileges, and has large, intelsen: and
thrifty population.
The creation OF 100000 Of new stock by a
vote passed June 9Th, 1910, at $50 per shaie
will give the Vermont Central Railroad Compa.
ny 81 COO OCO tangible funds, and enable them
10 complete the roud to Burlington fully oouip-
ped, and to pay off all their floating debt. When
| d tod y,
| 900 per mile 10 him who pays 800 per share for
the stock. 1t will only cost S25, eco per mile 10
him who pays $50 per share OF the stock. This
cost Is very small when compared with the cost
OF the Western Railroad, (s67 600 per milei or
10 the cost of the other railroads ccntcrlng at
Boston, which is SG5, COO per mile Oh an aver
| age.
| The highest grade on The Vermont Central
Railroad Is only 40 feet 10 The mile, with the ex-
ceplon OF tive miles near the Lake, where The
grade is only as feet. The wood only costs 81,
% per cord when cut and sawed ready TO be u.s.
ed This road is very well built. The eXpen-
ses OF transportation upon 1t are therefore very
| light, aud will continue so 10 be.
| The Vermont Central Railroad will therefore
be quite Profitable even before it is reached by
the business coming 10 II from the Railroads to
Ogdcnsburg and Canada. And when this bus-
ness comes upon IT, The result, both for It's stock
holders and Tor the City Of Boston, will exceed
the most sanguine expectations Of The most san.
gulne man. Is 1t not, then, emlHently for the
puuhc interest to cheer onward the march to
completion OF this great line which is to give 10
Boston the trade OF Canada, and increase im-
meusely It's commerce with our inland seas.
PasSumpsic ROad Annual meeting of stock
holders at Newbury, July 10, 2p.m.
Cheop Riding.-The Central Road will sell
excursion tickets at half price on the 81, 4th and
9Th of July. See advertisement. This is GUS
tomary on many of the roads, and probably will
be done now by others in connection with lhe
Central.
The annual meeting of the stockholders ofthe
Boston, Concord and Montreal Railroad for the
choice OF Directors, was held at Meredith Bridge
lust eek, Tuesday. The number present was
quite large, aud all business was Transacted in a
very harmonious munner.
josiah Quincy, J. NJ. Wilton. Zenas Clement,
Steven &. Lyford, Ira Gooda 4, John L. Clark, and
Geo. B. Chandler were chosen Directors.
he Stockholders voted to authorize the Direc-
tors to borrow, on the credit of the Corporation,
sum not exceeding $300C00 IN addition to the
sum authorized last year. 100000, TO complete
the road.
The affairs of the Corporation are in highly
prosperous condition as appears by the Report.
Independent Democrat
Saratoga and Whiiehau Rail Road -.ireat
disafiectlon exists among the inhabitants on the
line and it shows Itself by depredatons aud OBJ
strucons on the road. few weeks since, OBJ
stacles placed on the track caused the engine to
be overturned and great damage and loss OF life
was the consequence. Less than two weeks ago
a bridge was burned and last Saturday night fire
was set to another bridge, but was exingushed
before much damage was done.-The cause OF
this i'll will has lis scource in the manner in VIII CHI
the directors OF the road exercised their right and
privileges. Complaints are made by the people
that individual and private rights have been sad
ly disregarded by the corporation.
Mr.. Beiknop's Sickness regret to say
that there are 10 longer any hopes Of Mr.. Bel
knap's recovery, and his death may be looked
for at any moment. During his sickness his af-
fairs have become very much complicated aud
embarrassed bunker Hill aurora, June 10.
Failure Of Nj. Beiknap. This failure, which
has created much sensation, is The consequence
OF MI Belknap's severe and prolracled illness.
For II long time he has been entirely unable 10
attend 10 any kind OF business, aud when our in.
lornant was at Windsor few days since, was
unable To write his name. On Tins account the