Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1859-04-22

will prevent these directors from impov-
erishing their families in this way. Ruin
and the madhouse would stare them in
the face. They ought not to do it, and, it
should be beneath the dignity of the
people of Newport and Troy to ask
them. Nor would it be honorable or
HONEST in the directors by any stock
gambling, or any scheme of "hocus
pocus" to build the road on the stock al
ready taken, or the credit of the road
already built.
IF the Montreal end of the road should
be completed to the line there would be
some demand that this last 20 or % miles
should be built in order to carry the
Northern business over the road. But
unless that be done the present stock
holders have no interest in carrying it
onward, unless it be for the purpose of
removing the terminus from Barton
All the business, or nearly all that it
could ultimately obtain, is now drawn to
it. Some business would Be created, but
now they have nearly all the county that
they could have even if carried to Can
ada line. Before the road was compile
ted to Barton, representatives went this
way to Montpelier, even from Lowell,
showing that this was the ordinary line
of travel, and if this is the way TO Mont
pelier from the Missisquoi valley, much
more is it to Boston and ali cities to which
/ this railroad leads. And since this road
was completed to Barton the bushes;
has been done this way, so that now those
who own stock in the road have all OF
nearly all the profit they erer could have
sure the extra which they would receivt
in mileage, which of course would b.
I small. There would not be enough add
tional business brought over the road BY
/ its entire completion {unless the Canad'
road is bully to pay for building and run
ming it two miles beyond its present ter
F minus. This any one can see who vii
j eandidly examine the facts. If thel
t these meetings, Is their enthusiasm 0
arguments, or batteries, should Undue
= the directors to 90 forward with the roa
J, on present subscriptions of stock, or othe
l resources now existing, they would b
= guilty of a great wrong, and Of inducin
e those directors to commit, if not wron:
f certainly a great blundeF. It cannot b
said that either the stockholders or th
directors are under the least obligation
= lay out money for which they can receiv
l. no return simply for the benefit of II
u landholders on the route beyond, or
10 most for the benefit Of the few towns re
-eI resented. In this way too many roat
.e have been built already, and for So,
reason the stock has been sunk down evi
below zero. The landholders have be-
benefited at the expense and often t
ruin Of the stockholders. But this poll
has gone By. IF the people want ! IA
road, then let those build II who are to
benefited, and let the large landholde
come forward as they should in eve
case where real estate IS TO be inereas
IN value. This Is rational, and this
. right. If the people of the seve
towns have acted correctly in showi
their wishes, and if they have express
!, the true sentiments of the people in +
valley, then let them 90 forward and f
nish the funds. They are 20 receive
b benefit; let them pay for it. Let Us :
:, 1t will cost say 100000 in round NJ
:. bers to build the road to the Landing
=. 1t will cost 100000 to complete to Ne
! port, and 100000 to carry 1t to
line. 1t is estimated at a less sum,
will probably cost more when the f
figures shall be shown. Where is thi:
come from? If raised OF the pres
credit of the road it viii diminish
average value of the stock that full T
portion. If built on the credit Of the
rectors it viii ruin .hem every one
Then let the additional stock be raj
before the road stirs from its present r
: Divide it up between the towns accC
an ing TO interest or ability. Barton La
= ing has subscribed quite literally alres
a. but let il do more, and although the
i, sisquoi valley has voted to raise Il
:: sand dollars the cry must be still
more. Let those towns interested b
n. 4 " Union Meeting" appoint COM
gt6 tee TO aPportion out It's quota and go n
Iitb fully 10 work and raise it. There is
Landing, Irasburgh, Coventry, Nsur