Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1867-04-03

cal business II on Manchester ticket for ms
lance Of $3.50, the Western Vermont to draw
sliO nearly six cents per mile on its 25 miles,
and the Troy q Boston 5000. or three cents per
mile on its 30 miles to State line, "a concession
which it found impracticable TO bring about
This arrangement could it have been perfected,
would have fully accommodated the local traffic Of
the Western Vermont Road, and would have con-
oentrated the through business on one line, the
only way in which the low priced" through traffic
can be made to pay any profit, and by it the Rens-
selaer and Saratoga Road would have given up
the through traffic on its own proper line,
(from Troy TO Rutlaud, Did Of Saratoga a. well
as the Western Vermont. This plan further
/ negotiated between the Rensselaer, aud Sarataga
Company, and Mr. Park on two orthree occasions,
and resulted in their differing only one or two per
cent on the gross through traffic. and this offer
trqs let open for Mr.. Park 10 drdH himseifof up
10 the time 0f the attachment Of the rolling stock
Of the Troy and Boston Railroad by him since
which neither Mr.. Park or any one interested in
the Western Vermont Road has been heard from
on the subject
Prior TO that time, the Troy and Boston Rail
road Company, although the previous lease had
proved an Improbable arrangement to them
offered TO renew their lease of the Western Yer
mont Road, at rent Of S56,0O0 per annum, thus
4 paying Mr. Park orsr ten per cent. on the price
pad for his road which declined by him and
this winter on the day Of the attachment OF the
rolling stock Of the Troy and Boston Railroad
Company, by Mr.. Park. he offered to sell ou, his
road, costing him only $3.50, 900, to the Renssel-
aer and Saratoga Company, for the very moderate
sum Of S9O0,0)0, and this after he had claimed
and sued for damage to his road-bed (the road
had no rolling stocS,) which il his claim was Just,
had reduced It's value $500, ,000l But the Sarato-
"a Company had made their very highest offer in
SjOO,OOO Of their stock. They nsUer oGered more.
They were doubtful aud Indifferent as to the poll
cy of paving that The price was too exhorbtant
oil In orl bav haan
entirely on the solicitation Of Mr.. Park, which
have been repeated and urgent; and the great in
ducement held out by him for our purchase of it,
At large figure, that it would enable us to
control The business, and charge phat rates zoe
pte1sed This Company might have availed itself
Of the oppornty TO advance its rates of freight on
the closing of the southern outlet Of the Western
Vermont Road by Mr.. Parks attachment, had it
considered it polite Just TO do so but no such
ado sHce has been made or contemplated. And it
would be foreign to the interests as it would be
to the disposition of the officers Of this Company
to Influence or control the " local business Of
Western Vermont in any way.
IL will be seen by these facts how much force
there is in the statement that this Company had
endsavored to compel a sale or lease of the West
ern Vermont Road to themselves as also how much
OF sef-denial aud selfsacrifce there has been on
the part Of the management Of the Western Yer
mont Road lest the business interests of Western
Vermont should be prejudiced, or its citizens put
to Inconvenience.
1t should be borne in mind that the history Of
the railroads running North of the tide waters of
the Hudson illustrated bv the Saratoga 81
Washington, the Rutland a. Washington, and the
Western Vermont Roads, has been one OF bank
ruptcy and disaster; aud t has been the object
and purpose of the Rensselaer, IL SARATOGA r. X.
Co., in all their negotiations with Me- Park, and
in its contracts with other roads. to concentrate
the " through business on one line, as the only
means of doing it without loss, by saving a very
heavy expense in the operation of the other two
routes. To accomplish this, they have been wil-
ling to ignore their proper route via Saratoga,
aud they believe, and they know tina: able and dis
interested railroad acq tainted with the facts
also believe, that their offer to Mr.. Park of his
proportion ofone-hrd the net profit of the through
businesscalling his road hftySfoue miles, its full
length-was fair and liberal, well judici-
Gus and Just one.
GEO II CRAMER, r,.o .,,
l.. THOMPSON GALE, 6Neo"'t Vs CoH' n'e
JOSEPH NJ WARREN } "s''S' our a. H. oo'
Troy. March 20, 1867.