St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1868-12-25
Grand Line to the Pacific

VIII be open for business in the summer of 1850.
The regular Government Commissioners have pro-
nounced the Mon Pacific Railroad to be- FRS CLASS
in every resp co., and the Special Commission appoint
ed by the President ave-
"rak-n whole, THE JNIoN Pacific RAILROAD
HAS ELfS WELL coSrTRUcTEn A~p THE GENERAL
go, rr L:NE EECE' uIN"LY " IL s2L-srED. The en-
~ aud perseverance with which the work has been
urged frwud and the rspidity with which it has been
sHecuttd without parallel in history, and in grand
5ur and nagHi ude Of undertaking it hiss been
equalled" The report that any deficiencies that
ex; only those incident ali roads and that
could hav, been avoid d without materially resr!
ing the progress Of the great work. such Deficiencies
supplied by all Railroad companies after the compile
lion OF the line, whom and wherever experience shows
them t. The rcpor; concludes by saying
that thc country has congratuate itself that
tis gr Of national importance is rspdy APP
preaching completion under ouch fay orable auspices
The Company have in IL locomotive and
nearly 2uoo Of all description large additional
equipment is ordered to he ready in the epring The
grading is nearly completed, and tbs stribucd for lf0
miles in advance of the end of the track. Fully
I2u mile Of iron for track NOV dcliv. red
Of th- Miss uri river, and ~ miles ,'s.
TIE total expenditure for construction purpose. ad
vance IF tie coHpl ted portion OF the road il leg
han eight million dollar
leidcs donation rom the Govt. of 19.s0O Of
lani per mile. III tompany is eut L. to subsidy in
|. :. EouIs it, line compile ell and accepted,
The crgs Of about :I9 100 per mile according T.
the disultics RID for which tac Government
AXE second Ii, -'curity. Tn, Company have al
ready recciv 2i3s.ou of hi suli ". of hich 81
p 900 Ms paid leg 9th. an i64r,noo Dec. ll.h.
Government Aid--Security of the Bonds.
BY is charte, tie Company i pc mitt,d to i-=ue
OWN FIRST MORTGAGE BONDS to tlc same amour.
a. the Government Bond mi n, n.r. Glese Bcnd-
are First Mortgage upon the whole road aud all is
equipment. such mortgage upon what for long
tt viii b the only railroad connecting the Atlantic
AID Ia fife tax :he h. hest aux -afe secr-
rty The earring. from the way or local business
tho y.>r ending june au, I~ts, averige If IL!
mile we're over FORE MILLION DOLLARS, which,
1tte peyiag sll expense much than zufci-
rnt to all intres; liability upon that di-anc and
-. They would have been greater, if thu had
not icca lax 10 l. utmost capacity trinpult it. own
msrr al for structiou The income from he great
pas cng"r navel, h China fIeights and the supplies
FOR Tie new Rocky Mountain Stats AMI Territories
must be ample fog al Icre-t and her Liabilities. No
liteil action cin dee the rate Of iutrret 1t
T,u.I or thirty ye4.---.5r .,.r 5,.f pr u.D..t 10,
Ead how equal to bet"rcr eight and per cent. i'll
currency. III i'r"'c pei rh.H pa It's az ,i. II
bond with such ruuantcc- issued by the t1,vern-
mcnt. it, ket price wo@!d be- less from
:! pc cont. premium. A. these bon IL issued uI
des government authority AMI supervision, upon what
l. largely Government work, they ultimate
ly approach GOveruu ent prce-. No other rl,orlse
ooud- made 80 secure.
he price 10. the lrc-e; l. FAR, and accrued
Il At per CO. t. f.oa Jul. !. l>6N, currency.
>ut-cript ou- ill I've received hy ;h-
First National Bank of ST. Johnsbury, VT,
AID in New York At the C"ur.>Y'- OFfI,g. ". ~
VA s'u -. and ~ J"u~ !. CI-'" ( sos Riukcr..
\o. - VA! - and By TIL colnpsuys adv-.ri-c
t-eut- tnr" Ehout rhr nited St,trz.
Il nd sent ice. bu; Qsrtirs subscribing through local
ia;'t-, i'll look t. them ioI ,Acir safe delivery.
\ \EN PAMPHLET AND MAP WAS ISS' III
"tI 1T, containing a report OF the progress of TIL
'urN - ;is, stc, ami NOR corupe etc ia I'm
-''"' 'o ~-ns OF t bon is hc given
sdycrt-ern, Vi ch will tee free OF apli alton
~ he Comp nyr o;i.c's. 20 AM OF the rdvrtis,d
4E,U.-.
- Ike 'ouPns OF til, Fir-t Mortgage Roud- Of the
Mon Pacific Railroad Company, duo --lury 1t, -6l
vii be paid Oh ami after that "a Com Co.'s free
I Government tax II the Gompauys Office No ~
\s--iu stte.t \,w York.
JOHN J. CISCO. Treasurer,
NV YogK.
December l5'h. i~G~. tAlrl>i.