The Portland daily press., 1868-09-18

| fOrtiand and kutiand n. R. Company.
An adjourned meeting of the special bust
ness committee of this company was held yes
| terday at the rooms of the Board of Trade.
| The records of the previous meeting having
| been read, the chairman submitted draft of
prospectus, setting forth the claims of the pro-
| posed road.
This prospectus states at great length the
advantages claimed for the Rutland route, in
dlrectness, in the valuable character of the
country through which it leads, and the ease
with which it connects with various important
points 1t says: From Halifax, the present
Eastern outpost of the continent, to Portland,
a distance of 500 miles, the lines are completed
or in progress. From Rutland, line extends
West to Whitehall; from thence to Science
tady and all the West, so that by completing
the link from Portland to Rutland trans-con-
tnental line of railway is secured across the
continent at its widest part from the Atlantic
to the Pacific.
The report calls attention to the character
of The rich and popuous region through which
this road would run, the valuable farming
country to which it proposes to give an outlet
and the advantages which would accrue to
Portland from a connection with that region.
1t also adverts to the point OF a shorter line of
communication being thereby established to
the capital of New Hampshire.
AT Wells River Junction it is expected to
connect with proposed route to Montpelier
by which connected line of 155 miles between
Portland and Montpelier is to be secured This
route, the report says, is to be undertaken as
soon as an enabling act is passed authorizing
L.
Connections also indicated with Montreal
via Ronse's Point; with New York by the
route down the Connecticut valley to Spring
field; to Albany; and, by the Cheshire railroad
from Bellows Falls to Boston.
Mention is made of the fact that Rutland is
the headquarters OF the marble trade of Yer
mont, which trade it is thought is especially
interested in line to Portland. The prospec-
tus says it is proposed to build a ship canal
from Whitehall to Rutland, thereby making
Rutland the nearest port to tide water, and
the company think it is not anticipating too
much to expect that a ship canal will in few
years connect Lake Champlain with the St.
Lawrence, making Lake Champan the inland
basin for the accumulation and distribution OF
Western produce. The Importance of Rutland
various lines of railway and steamboat COM
munication, by which it is proposed to connect
that point with the St. Lawrence, with Lake
Ontario and with the Hudson are mentioned.
1t is also claimed for this road that it offers
few heavy grades, the reports'of the engineers
are quoted as showing that the line from Rut-
land to Danbury can be built at less cost
than the average of New England roads,
Reference is made to the fact that the recent
International Commercial Convention in this
city recommended the construction of this
road as ga necessary link in the great chain of
communication around the globe, destined to
connect Australia, China and Japan with Lon
dom"
The prospectus was approved and adopted
and ordered to be published. A vote was also
passed requesting the committee and other
friends of the Portland and Rutland road to
attend the meeting of the corporators of the
New Hampshire Central Railroad, to be held
at West Ossippee on the 22d inst. The follow
ing resolutions were also adopted. after which
the meeting adjourned to Monday, October
1858:
Voted, That the policy of Portland, hereto
fore unanimously adopted, of aiding the con-
structlon of railroads by loan of The credit of
the city on adequate security, can safely be re-
lied upon by the friends OF the Portland and
Rutland railroad as affording a large portion
OF the means required to build the line from
the city Of Portland to point of connection
with the Northern railroad at Danbury.
Voted, That individual and municipal sub
scriptions sufficient to lay the foundation for
the city credit should be raised to secure the
line from Portland to the Northern railroad at
Danbury.
JUDGE SHEPLEY gave very interesting lee
ture last evening before the Young Mem,