Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1867-04-30

These figures declare facts Can my man who
/ feels an interest in our welfare. who cares for
/ the ponny which constant handling makes bright
er refuse with these facts before him bis aid and
1 his influence 20 the Woodstock Railroad 1t is
not those without means. but those with means
who can show their good will by subscribing to
whom we now appeal II is never well to remain
long in opposition to the sentiment Of any commu-
nity but rather 1t Is more honorable and wise TO
act in conformity with IL. Itisnot alone the towns
through which these roads pass that show gains
Those which are contiguous of which we could
offer many show results gratifying as those
above We present a statement OF the valuation
of the taxable property in a few towns in our VIE
entity for comparison, to which we invite attcn-
ton
Of Railroad. 47s,ls9 l23.57s 5i.952
Pomfrot-
touched by the r r. lo6 i52 1856 so276
Ludlow
on the line ORR. 6ll62l 1876 POI $50
Hartford
on the line of r. r.. 91o,95s 655,s2l 255, 1884
Are not the results in these towns sufficient TO
demonstrate The value of railroads. Before the
construction of railroads in this county the vaua-
tion of Reading and Pomiret was nearly eqnal
Both are farming towns While Reading is dis
tant from a railroad Poniret is touched by one
upon It's north-eastcrly corner Note the differ
+ 3
and Pomiret-mauly as we are informed, in the
northerly part Of the town--gains $50, 276 Can
results be more Significant Compare Reading
and Pomfret with Ludlow, and we End that the
last named town has gained during the same peri
cd S22ls35, or : 1853 ,Ss3 more tim Reading, and
Sl44 800 more than Pomiret Compare Hartford
with lomtret-adjoiung towns-lla1ioTd gains
S25j,l34, or Sl74,s5S in excess Of Pomiret.
Hartford and Ludlow ale upon the line OF the
4 road. In these towns no new factories have been
erected, except whnt may have been built to re-
/ place thosr destroyed by fine aud flood their gain
| is due TO business created by railroads. During
the same period Hartford shows gain of no Oj6,
Bridgewatcr OF SlO5 $50. and SLclhume, of S37,-
9j2 or 40 per cent. upon her vaiu alton of 1850.
These results could Doe multiplied u necessary.
We wish. loeevcr, TO mention Sptit gteld. This
/ enables us 40 present town whose Nater-power
has been improved, bringing with t other in
| tercsts, because Of its proximity Go railroad
and is perhaps fair indication of what this valley
will become, with it, numerous privileges improy-
! ed, as The, doubtless will be- Wien tlo railroad
passes thought it. During these ycars her popu-
| lalion has increased considerably her valuation
| S1Ol3s on sG per cent? with a per capita Of
s523 and among the first IN these respects la the
State
The towns through which the dil.rcut roads
pass. and portion oi those ADJACENT thereto. ex-
hibit for this period the following results While
we do not clam entire accuracy Tor these amounts
to say that there are many towns not represented
here whose gain ia directly due to rath onds, which,
! if given, would add largely TO these amounts:--
| Vermont Central d Canada, SI7l6,97S
| Rutland Burlington 5.39O.O7O
Conn. a lassumpsc. 3.23O,U22
Western Vermont, l,422697
Vermont Valley, ,323 44l
Other Roads, 212O3O
Total gain, Sl7,2g2,24l
The towns which are represented Ny the above
figures are IN number about one-thitd OF tine State
but do not comprise, as before stated, oil those
whose gain arises from proximity 90 railroads /;
and they further show that of the gain Ia valuation
| to the State during this period, tvo-fhifdS Of it
! have been TO these towns. This should in con-
necton with the fact that in other States the per
centaFe Of gain is much larger, determine the
question of the importance of railroads To The pros
perty Of the towns bordering upon them.
During the same period the gain in valuation
to the State is 500 ,Sl2 269, exceeding 10y 81 COO
600 the cost of the railroads in the State. OF the
capital required 10 build these roads, probably
not less than S20OO0.000 was furnished by non
residents. If we rccollcct Alright the amount Of
stock subscribed to the Vermont Central Railroad
by citizens Of this State did not exceed nine per
cent Of its capital stock and in amount less than
| $500, goo Truly a small loss when compared
| with so large q gain, The ratable and non-rata-
BILE property, (lor the stock and bonds which rep
resent the cost value of these roads o. almost
wholly owned without the State and pay no tax, }
or real increase IN valuation to the State, since
1850 must be fully S20,000,0O or about half
what it is estimated TO be in a much shorter period
upon the line OF the New Y ork and Erie Railroad.
De