Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1867-04-04

| mile on its 80 miles 90 State Hoe "a
concession which II was found impraotic'
able to bring about. This Arrangement,
could it have been perfected, wonlf have
fully acsomndatei the local trafllc OF the
Western Vermont road, ani YOU'D have
concentrated the through business 90
one line, the only way IN which The low
priced through traffic can be made to
nav any prodt, and By II the Rensselaer,
& Saratoga road would have given up
the through trattlc on its Own proper
line, (from Troy to Rutland, via Sara
toga,( as well az the Western Vermont. !
This plan was further negotiated be- |
tween the Rensselaer, u Saratoga Co., |
and Mr.. Park on two or three occasions, |
ems resulted 10 their differing only one
or tN'o per cent, on the gross through |
trgfFio, and this Offer was left open tor
Mr.. Park To avail himself of up to the
time Of the attachment of the rolling
stock Of the Troy n Boston R. r. by
him. since which neither Mr. Park or
snv one interested in the Western Yer.
mont road has been heard from 90 the
subject,
Prior r that time, the Troy & Boston
r. R. Co., although the previous lease
had proved an Improbable arrangement
10 them offered to renew their lease of
the Western Vermont road, at a rent Of
$50 900 per annum, thus paying MIR,
Park over ten per cent. on the price paid
for his road, which was declined by him;
and this winter, on the day Of the at
tachment of the rolling stock Of the
Troy & Boston r. Il. Co., by Mr.. Park,
he offered to sell out his road, costing
him only $3.50 900, to the Rensselaer, &
| Saratoga Co, for the very moderate sum
of 100000 and this after he had claimed
aud sued for damage to his road bed
1.-THE road had no rolling stock) which II
his claim was just had reduced its value
S200000l But the Saratoga Co. had
made their very highest offer in $780,
900 of their stock. They never offered
more. They were doubtful and indifier-
ent as to the policy OF paying that, The
price was too eXorbitant All the offers
to purchase or lease it have been made
entirely on the solicitation OF Mr.. Park,
which have been repeated and urgent
|
him for our purchase Of it, at a large
figure, was that it would enable US to
control the business, and charge what
rates we pleased This Company might
have availed itself of the opportunity &c
advance its rates Of freight, on the clos
ing Of the southern outlet OF the Western
Vermont road by Mr.. Parks attachment
had it considered it polite or just to dc
so but no such advance has beer
made or contemplated. And it would
be as foreign to the interests as 1t would
be to the disposition of the officers o.
this Company to influence or control The
focal business of Western Vermont il
any way.
1t will be seen by these facts how
much force there is in the statement
that this company had endeavored t
compel sale or lease OF the Western
Vermont road to themselves, as als(
how much of self-denial and self sacri
fee there has been on the part Of TIT
management of the Western Vernon
road; lest the business interest Of West
ern Vermont should be prejudiced, or 1T
citizens put to Inconvenience.
1t should be borne in mind that tn,
history OF the railroads running nortl
from the tidewaters of the Hudson, al
illustrated by the Saratoga & Washing
ton, the Rutland & Washington and tn
Western Vermont roads has been one o
bankruptcy and disaster; land it has
been the object and purpose of the Rens
selaer & Saratoga R. R. Co., in all thei
negotiations with Mr.. Park, and in it
contracts with other roads, to 7concen
trate the through business on one line
as the only means Of doing it withou
loss, by saving very heavy expense il
the operation Of the other two routes
To accomplish this, they have been will
ing to ignore their own proper route vi
Saratoga, ami they believe and the,
know that able and disinterested rail
road men acquainted with the facts alst
believe, that their offer to Mr.. Park O
his proportion of third the net prof
Of the through business-caling hi
road etty-four miles, its full length-wa
fair and liberal, as we'll as judiciou
and just one"
GEo. II. CRAMER, Executive Com.
E. THOMPSON GALE, of the Rens. &
JOSEPH NJ. WARREN, J Sar, R. r. Co.
Troy, March 20, 1857.
RIAL EsrATE.-samuel Hayward ha
| I,v,n, III fOt 81 4 &;