Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1868-05-13

WI NhS iSu'NpNah oH~
North American railway receive much
less than 5000, and this line with the
exception of the mountain section ,isa
cheaper and easier line than theirs In
return for this outlay, what have We to
expect +? Here we are half day nearer
Liverpool and Glasgow than Boston,
day at least nearer than New York, with
an ample harbor and unrivalled facilities
for handling goods. with a line of steam
ships as good as the best which will be-
come weekly line throughout the year
whenever we furnish business for it, TO
miles nesrer to Ogdensburg than Boston,
at the terminus Of the shortest possible
line of railway tranoit from the lakes to
the sea- The West, doubling its pro-
ducts every ten years, demands and will
have the Niagara Ship Canal, whereby
its crops for third of the cost of railway
transit will be poured into Lake Ontario,
brought to Ogdeusburg where the. eleva-
tors are ready for them, oply $50 miles
from Portland, and thence transferred to-
our Commercial street, where the wharf
railways give us an advantage which
alone is worth hundred miles in com.
petition with Boston. The returning
trains will be laden with imports for
Chicago, St. Louis and Milwaukee. 1t
takes six days to get goods through the
custom house in New York. When the
new line now building from Oswego to
Niagara is completed, we shall have di-.
rect. Independent communication with
the West by rail, summer and winter,
and Western merchants will not be slow
to avail themsevs of its advantages to
secure their goods 10 hand before they
could complete the custom house business
in New York. A road through Minnesota
to Lake Superior will soou bring the crops
of that fertile State to the great chain of
lakes. The LEGAL business alone oe a
third Of Vermont and New Hampshire
would justify US in building the road.
We penetrate an undevelcped lumber
region in New Hampshire. If one helf
is tue that is said of the iron mine at
jackson, only two miles from our line,
the development of that mine alone would
demaud the road. The pleasure travel
on road running through the White
Mountains will be simply immense. We
must build the road rot simply to &C.
quire this business but to save what we
have in our own State, already threaten
ed by the Great Falls and Conway line.
This road which promises such extraor.
dinary returns is cheaper than any other
line. Vermont will build ITO miles of
/ it. From Portland to Dalton on the
Connecticut there are only 100 miles left
! for u.s. From Portland to White River
Junction on the Rutland road that is
talked about the distance is 1l3 miles.
Governor Page advises US to try that
route but Governor Page is trustee of
the Burlington and Rutland railroad,
and the Burlington and Rutland railroad
is owned in Boston The President of the
Concord and Montreal road. also came
! here to advise US to give up this scheme
of cutting across their roadsat points 80
miles nearer Portland than Boston. Are
\ these men. all oflthem doing business for
and with Boston, managing roads owned
in Boston. are they safe and disinterested
advisers for Portland ? they at least, it
is safe to say do not desire or expect to
witness the completion Of any such line.
and if it is ever built twill be because
We build 35 miles of it. To build our
portion Of the line we are compelled to
ask subscription by the city oftwo and
ope-half per cent Of her valuation to the
stock of the company. The road cannot
be built without it. Private means are not
adequate to ouch a work The cities and
towns Of Vermont are subscribing four
times as much as we ask or need here
Bangor, Bath Rockland and Belfast
have all subscribed liberally to the en-
,terprise 10 which they are interested.
Bangor, with a population ofl7i0o0 and
a valuation Of seven million aud d halt,
has liabilities for railroads amounting to
two millions aud half Portland with
twice her population and four times her
valuation, will have. if she takes this
stock. an aggregate liability for railroad
Sl5O,O0O lessl Unless our friends in
Bangor are stark mad, we osght not to
hesitate a momentvhen such an oppor-
tunity il presented. When we consider
that most Maine roads have cost from
$4,000 to $50 900 mile, and yet pay
the interest on their mortgages without
a title Of the business which this line
will command, it will appear Furthermore
to be an Investment every way as safe as
a loeu Of credit, and il will give Port.