Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1869-03-02
The Rail Road,


Our readers missed the usual X. Il. ar
ticle last week, and if it had not been SO we
should have been provoked. Our COM
positors drove us up SO fast for copy, that
we had to defend ourself with "reprint, "
they being in hurry to get the paper OIL
to make room for the press of job-work.
Again. we wanted to see how our little
sheet would be received once without "tte
train" We felt, too, that it could be
dispensed with, without injury to the
cause. We introduce the subject this
week, with the following from the Gale
DOMAIN" which may be regarded as eek
cathedra:"
our RAILROAD.
"a Joint meeting of the Directors OF
the several Rail Read Corporations, en-
the line Of the Portland and Ogdensbur G
r. r., is to be held next week in Port
land, for general consultation on matters
connected with this great enterprise, and
the adoption OF means for the carl y COM
mcncement of work on the whole line
"Engineering parties on the Portland
end of the line have been actively at work
for several weeks and it is expected the
final locating survey will soon be COM
pleted between Portland and the New
Hampshire state line. An assessment of
$3.50 per share on the stock of the Port
land & Ogdensburg Railroad Maine cor
poration) has been ordered, payable Mar.
1st.
awe are informed that the aggregate sub
criptons for stock already secured on this
trunk line between Portland and Swan
ton, the western terminus, amount to about
two and one-half millions of dollars. The
friends of the enterprise in the Lamoille
valley, under the leadership of Messrs.
Hendec and Brigham, have been indefati-
gable in their efforts to secure the requis-
lite stock subscription per mile on that end
of the line, and our latest information
from the valley is most cheering. Their
subscription without doubt will be filled
before the lst Of March.
ave heartily congratulate the true
friends of the Portland and Ogdensburg
railroad, upon the Aattering PROJECTS Of
The enterprise. Aside from the road be-
ing remuBerative to the stockholders, built
as it will be for cash, at the lowest pos.
sible cost, with HEAVIER through traffic
and large local business already crea ted
and pressing for an outlet-aside from its
being a paytalg road, it will contribute
largely toward the development of the
natural resources of the northern part of
Vermont; especially the rich and fertile
valley of the Lamoille. Spunky Lamoille,
keen.sighted and ever-watchful, has fully
determined to improve their golden OPP
portunity, and thus make sure Of the road,
and We are glad in the prospect of hav-
ing them as near neighbors."- -CaIedonidn-
Most of our readers are aware that the
action of the Portland city authorities On
the 23d ult., gave the death blow to the
Portland & Rutland r. r., so far as it
was regarded as competing project with
the Lamoille V. II. r., at least. 1t will
also be seen from report in another col
umn, that the Missisquoi V. II. L. so far
as it aeon}d be IN competition oith as, is
dead for the present; and, now, begging
pardon Of our good natured friend Of the
Frontier Sentinel for not saying so before,
we swish peace to its ashes" "Fata
DISTANT" brother Of the Sentinel, and you
should yield with coed grace. 1t is not
yet too late for you to come aboard of our
great through train, but it soon will be.
Tomorrow, our Directors, and perhaps
several other gentlemen, will start for
Portland, to make their report, and COZ.
fer upon matters generally relating to our
interests, = the above article from the
"Caledonian" has informed you.
We are happy to know that they will be
able to make most cheering report. Few
of our readers thought, when this cam.
paign commenced for private subscript ions,
that We should be able to raise the requir.
ed sum. We believe however, that were
the books all together tonight so that an
accurate footing could lie made, the az.
gregatc sum Of private subscriptions would
not foot less than 100000. We have,
therefore, completed our labors, SO far as
begging for subscriptions is concerned. Al
some sections, however, have done more
than their share, while others have done
less, we make no doubt that the loca
pride Of those sections which are now de-
ficient will impel them 70 make for them
selves as good record as their neighbors
Many individuals, too, now that they Sc,
the train in motion will desire to ride
and will subscribe for more or less stock
and in This way we anticipate considerable
sums.
1t will be seen, that St. Johnsbury ha,
taken important town action. Wocott ant
ERore have promptly followed suit. TIT