The Portland daily press., 1868-05-01
The Portland and Ogden.burg Railroad.

VERMONT ALL RIGHT.
We learn that in the Lamoille Valley, Ver-
mont, and through northern New Hampshire
it is reported as coming from Portland au-
thority that the Portland and Ogdensburg
railroad project has been practically abandon
ed by its friends in this city-that the route
through the Notch is impracticable-tha Mr..
John B. Brown and others have said so, and
that another line would have to be found
This is for that meridian, and to prevent sub
scription to that part of the line. In Portland
it is said and published in the papers that the
Vermont section of the road will not be built
that the towns in the Lamoille Valley are too
poor to raise enough by stock subscription to
secure the road; and that they are unwilling
to do so if they could
To show the utter worthlessness of these in
furious reports we subioin extracts from two
letters received in this city within day or
two from gentlemen of high standing in north
ern Vermont. The first is dated at Morris
vile, April oath: .w Lla
Allow me to inquire how matters stand at
this time in Portland and New Hampshire in
regard to the Portland & Ogdensburg Rail-
road. 1 notice in the Boston Journal of yes
torudy COMMUNICATION from 1OrtianO slRn-
ed Sidney" which says it is conceded that
the Portland & Ogdensburg Railroad will not
be built for two years, though the company
will probably orga nize, sc. We feel great in
terest in the Lamoille valley as to the result,
and such articles have a bad effect upon some
of our citizens, yet as whole we stand firm
and shall raise our share of the funds. About
this there is no question. We shall organize
the Lamoille Valley Railroad Company i'm
mediately. OF course final success depends
tbeo nti.,r nf nd Il har
and St. Johnsbury and her citizens.
| The railroads centering in Boston together
| with people of Boston and southern and
central New Hampshire are at present circu-
lating various reports, all tending to show
that our project is abandoned and that Mr.
| Brown mas become Indifferent, &c. We take
no stock at all in these reports, kno,cing them
| to be utterly groundless. The Vermont Cen
| tral is now taking steps to reduce the rate on
freights at all stations where the people of this
valley do their business, but this move will not
| make the slightest impression upon our peo-
ple This valley is anxious to make Portland
its market, and will allow nothing to occur on
her part to prevent such an event. AT this
| time we are all united in favor of the Swanton
| route. Are your people to have meeting,
and if So when?
We shall have our share of the funds raised
as soon as they will be needed. We have
| raised already, between West Danville and
| Swanton, about $500 900, and within a few
L
| 900, and in the end the sum will reach $780,
600 to $500 000 and every dollar will be invest
| ed in stock. You see by this that we are alive
We shall not rest till the full amount is raised
necessary to insure the building Of the road.
The "Lamoille Valley" road will be from &C
to 70 miles long, and it will be seen that the
stock subscription will be some S12, 900 per mile
"a very strong stock subscription for the is
sue of bonds for the completion of the road
| The stock subscription to the remaining por
| ton of the road, to wit, from West Danyille to
the Connecticut river has been raised and the
| corporation is duly organized. They are now
waiting the action of the city of Portland
| The following letter is dated at st Johns
bury, April 25th: ..r..
You will learn through the papers that the
| town of Cambridge, first and alone of tn
| towns along the line, refuses her aid to tn,
| Lamoille Valley Railroad. This being the on
| ly town between the Connecticut river an(
| the Vermont & Canada road but what ha!
| contributed toward the enterprise, its actor
friends of the enterprise assure me the amount
| apportioned to the town of Cambridge will be
made up by private parties. The cause of the
| failure was division as to the Georgia and
Swanton routes. A majority of the voters
| were in favor of the Georgia route, while a
majority of the list favor the Swanton rorut,
| The "towns enabling act" requires majorit,
| and amount of grand list, to give their con
1 sent. This is another attempt to distract and
| divide the people in the valley, but il will no
have the slightest effect upon a single individ
| ual. The people along the whole line remain
united and will stand firm.