Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1850-03-29

ly secured by the talent and admirable zeal of
such men as Gov. PAINE and Judge FoLLETT,
AMI constructed by what are called private
Corporations. The PUBLiC, as we have said
before, are largely interested in their success
and their protection. They are active contrib
utors to the public wealth and the public good
and we trust, and believe, that their manage
cit is in such hands at the Public may
lightly anticipate from them the recompense
That generous confidence deserves.
1t is for these and other reasons, that we
sincerely regret any indication of weakened
confidence in the Central Road in Boston, We
believe it to be unoalled for. 1t is unjust to
that Road, and injurious to similar meritorous
enterprises that are surely and rapidly opening
avenues TO Il rast increase Of the commercial
prosperity Of That noble City. The true policy
of Boston, and of the Stockholders, is to strength
Ell the hands of Gov. PAINE and his associates
to secure the payment of the debts of the
Company, by taking the additional stock requr-
cd for that purpose and to complete the road,
uiiu pldSC III NlSuiUuS ppcEdJlOl BIedI
agencies that are to make the investment prof
liable. Any other course, NOE, appears to us
manifcstly suicidal!
| 1t will be noticed that meeting ofthe Stock
holders is to be held at Windsor, or Tuesday
next, doubtless to take into consideration the
existing difficulties, and concert measures for
relief. Is it not apparent that reason and pru-
dence dictate but one course to be pursued p
and that is, a cordial and hearty cooperation
with the Directors in cirrying out the plan they
have deslgnatod. 1t is, perhaps, none of our
business, but we dislike to see Rail Road Boyps
in market. We hope to see no more of them.
They are sold at ruinous rates of discomt,& fore
shadow the calamity of mortgages. 1t does not
seem to be sensible method of raising money,
where better methods IN be pursued. 1t need
lesSly jcoplrdize' great pablo and private in
tcrests. 1t m,stes money. BY far tn more fea-
s!ble and sensible plan, is the issue of new
Stock-this course preserves the road in the
hnnds of those wi 30 own it, 1t mikes them their
own creditors, AMI furnishes a guaranty for
COOL management, We cert ,inly lament the
losses to which Stockholders in the Central
Company have been subjected but the only
remedy AMI sltety, for pl5t misiorunos and flu
ture remuneration, certainly appears to be to
relieve the Corporation at once of its debts, and
the immediate completion of the whole work.
The issue Of 10000 shares of Stock at $40, is
infinitely preferable to the slo of Bon Is to the
! ,,,.l, r, -
the Bonds comd be negotiated, 1t averages
the ShlrcS at so, to original Stockholders, and
we hardly need say that the business of the
Road, en- in established bushes; operation,
with its connections and tributaries, cannot fill
o make the Stock profitable on the actua! sum
it will hive coSi, probably among tho best in
New England. We would most cmphltic1ly
say, then, to the Stockholders BE NOT DIsMAY-
ED! Vermont Railroads will tell ther own
5toryin DIvIDESp;, if yon c lrry thon m1nfuly
through. Thy are m lrt tn, management of
s'rrrinrs mi honorable mcn---lcn VINO hovn
int to win OF los wIcIthry pfiz, high " til IN
m)ncy--nea whD expect to live to SCI the NJ
bl, Public Woke II Vtrn)l' c2ntrlbu'inr, by
ual nlvuntlr, Of tbs, wa hill their S:oci,
anI to th2 connDl prosperity of til s,'Ito.
These are OIL: o2ini,a'. We d., IL it proper
t. say that we give them solely ith, reasons
we hive suited, and withsgt consG tation with
either of the gcnieaen whose nlmas we have
tlkeH the libcfy to mention. We certainly have,
in times past, occupied relation that has pretty
extensively cXQncrated us from the charge of
special plrtiaity for the Central Rold We
wish to be the advocate ofboth. The interests
Of both, ana Of the Public who are to use them,
are reciprocal an | hlr.n)nious. They are both
a'om prcpIrel to furnish golden proof of the
wisdom and stgacty of the faithful au indcfat-
gable gentleman to whose exertions the public
is indebted for them. We trust no causclcss ''cx-
element" or hunlred-tonguel "rumor" will,
at tins ate day. be permitted to obstruct the pro-
gress, or cripple the energies of either