Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1870-04-29
Brandon.
IMPORTANT RAILROAD MEETING.

Il, IMPORTANT RAILROAD MEETING.
n The railroad meeting held in Brandon OF
s. Saturday last, called by few leading citizens
I'd "to see if the town would vote to aid in the con
strdction e. the Addison County X Z" was {
h, highly ,-5ting affair the opposition element
\ being very strong and determined to thwart thu
measures propysei. Among the speakers pre-
sent from sbroad, we're Gov. Page and Col. Mer-
rill of Rutland, who favored the scheme with
arguments peculiar to railroad men.
GOVERNOR PAGES SPEECH.
At The Governor referred to the length Of the
different routes surveyed-their feasibility aud
r. the great advantage that would necessarily
re- the people of Brandon, if they would only Sc
-, cure the - Junction as he WAS Of the opinion
q that they could by bonding the town for at
least 100000 This would insure them a
" round-house" and table" besides
= bringing in new families and giving greater
n outlet to those engaged in manufacturing enter
n prises. He alluded to the benefits the Rutland
| and Burlington R. R had conferred on the
place, and though he for one was not very proud
of the accommodations offered to the people,
= owing TO the long litigation that had been going
on between the different classes Of bondhOlders,
yet he was happy to state that new era
: awaited thea. lie had already during
the past week paid 100000 to bondhoders
Of the FIRST mortgage bonds, and provided
means for the payment Of the remaining bonds
as fast as they became due By the payment Of
bonds and the conversion of others into common
and preferred stock. the Rutland & Burlington R.
K as such. would cease to exist, and a new COM
pany-the Rutland K. r Co.,-would come into
existence with a capital Of So 100000 or ST.
100000 and entirely free from debt. By vote
Of the directors Of this company, they were to
lease the Addison County R. R., on perpetual
leaSe-guarsnteeiuC g per cent interest upon the
cost Of construction, ani he thought by
good fnanciering the town with this interest
could SO keep the interest on the bonds down that
no tax would be ever required for their payment.
for without doubt the stock could be sold for
enough to pay for their bonds.
lie also alluded 10 the great mine OF wealth
across the Lake that needed this outlet. One
hrm in Port Henry was ready to take 500, 900 .
worth Of stock, provided the road would be COM /
mencei ia two m0nths-S20 600 had been rails .
ed by subscription, by the several towns, and .
$4,000 had been taken up by Ticonderogs. .
These amouuts-with the town of Shorehams .
/ $4,000 and 900 more accounted for, left .
hut a small amount for Brandon to make up
aud he could no; believe her people would be so
b-lll u lltlf interest a NOT 10 noul their Town
/ for the remaining amount. He wildly portray
/ ell the advantages OF being a terminus-when the
connecting link to the Ausable River should be
built and finally closed by Offering to furnish
the citizens with all the coal they wanted-When
this road was completed-at Sc IS per ton.
Col. Merrill referred to some Of the more pro
uinert Advantages offered by railroads He
hoped Brandon would DO something in this csse,
aud be thought they would, as he was Of the
opinion that her people possessed intelligence
ea5ugh 30 need no argument from him to con-
vince her Of Lsr interests.
y. Z. Sprague, jr., was a manufacturer-
was Independent and asked no f4yors Of any rail
road corporation CD Yet he was deeply inter
es;ei in this matter, and hoped the town would q
vote the necessary aid, whatever it ght be He
believed The town would make money by it, and t
be always " went in to make money. He :
thought the people knew it II by extending
$ they could make SO or $50, he was for '
doing 1t, but if by e1penimg - AMI getting
ia return only - t9, be was not for doing it '
Hst vss aaf the way he did business. He had. '
however. drawn up resolution, which he read, u
20 the effect that a contract should be signed by e
the railroad Company on the one hand to build e
certain lullag~, and by the commissioners Of t
,he ,oen o. Brand on the other hand, to bond a
the town upar condition ths, those buildings v
should Dee built Il
Gov Page wanted to know, if IL took 10000 q
10 build tte,. expensive buildings, how much e.
money would hs le-t Gr the completion II the Dc
prop.-ai raal 10
oh. CASES SPEECH. ii
Dr. Case 5e.rc called for, said that in consiie- v
"a, on Of this suffice; three questions naturally p'
,rose lst How much benefit was 10 be derived CT
rom the proposed railroad md Can We afford vc
G, suI 3ri. ia, the con iuc, nj Management vi
the Rutland and Burlington Railroad. in TO
hose interest tls .lai Is Co. be- bulk been such be
Is 90 eutt.e i'z managers 90 our sympathy anl tie
lr .il IN
10 answer 60 tle d5s, question be said thst hi
be- towns of Orwell. Slorcaam and " hitting we're til
7s doing large amount Of business AZ Bran sal
lu. Many .i t4,ir people come here 20 take ca
be- cars. AMI railroad through these town. III
.u.i be- 4.i Is likely o. draw their business wo
'oa Brandon AS to tr.sg il here. \ large vii an
'se w.ai probably spring up On the lake so
bore st or uear tle point % crossing, and this th'
d i.-', hal ttsu strong argument used By lar
bern .a --luerE The people Of those towns 20 me
.li fr ;he benefit C., the road. Similar rail ab,
lal functions elsewhere, @ a majority Of cases pa
81 uHt materially increased the business Of the VII
aeas where such functions had been made. aud It i
iiucel as examples, Castleton, Bellows Falls, not
lu'a Ash-uruham, South Acton, Nooer's can
id Po,siam ilaction-au Of which were quite the
important railroad functions as this oue would TIM
Ter b. likely o. become 20
To the question Can We afford it 90 be lit
lfc! ,hat prudent maa stitch down and Incl
llrsst che cost ou the Of any great enter tsn
Use 90 Ne we're already heavily burienei with Of '
ration Tie thought the history Of nearly all q
i.roais waruel us thar We would most GER dur
u'y have these bonds to pay. II the security Of
is So good why Will not capitalists take this can
'cA it was simply because this stock would hav
ssl! in tne market that they wished to OK exts
an-e il i,r bonds that would sell. He WAS and
are thai they proposed to 10 great things for nigt
90 way % new lepots, engine houses &c. but then
iat assurauce had we that it would be spec
ne The road may be in other hands a Or
year, and suppose the managers As {
the roads bound themselves ever SO pow
ougly, We know that ;hey are accustomed 10 sire.
gate everything to the bitter end. They our
GIT the hrst mortgage bondholders for years idea
"a claim as fair As any note Of hand. r,
As most of the wealthy and influential citizens -
the village were dead heads on the roads he ~.
ught they ought to step forward and take r.;
safe and valuable investment There were -.
Of them in cur own village, whose unitei 90.
perty was worth a million Of dollars. Do ~,
= offer to take this stock No gentlemen, a.
the Scrbes and Pharisees Of old, Z" they - -
Ild bind you with burdens grievous to be -
ne which they themselves would not touch -
b one Of their little fingers - -
Mr. :. A. coNAN1's REMARKS. were
Ohm 4 Consnt, ESQ advised moderation. cious
thought the people too excited to give the Veru
Jet the attention It really demanded and ad- Polar
u adjournment for two, three. or four weeks minis
thought they could not but admit Of the real motto
substantial advantage the r. & B. R. R. al "a
been TO them as a people He had lost solem
icy in 1t, perhaps quite much as any
still he had made something here and he
lght he could in a measure attribute it to
cad facilities Possibly this new railroad
ID do as much for Brandon. lie could not
it would for a certainty, as the subject was bt
on which the wisest might differ mark'
fter much spsrring between several of the over
ems, all apropos dc riea, on the question of week
lrnment, Col Cspin said he hoped they EHtre
ID adjourn until the 10th Of May next. Hor
! they would take the 5ulI5y the horns and month
refer too if necessary. The meeting ad- heart
lei' however, until the 4th Of September by his
Another town meeting has, however, been worse
called to meet May 10th next, when this long 6
ct Of bonding the town will be finally set n.
se-'-''-'-' VIM .'iO,e 'Iis meeting sion b
"oHuiHe Is per IA