Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1872-09-20
NUMBER IL.
The Vermont Central Railroad.

The only route between Boston and the grain
fields Of the West, managed in the interests Of
this city, is the Northern Line to 0gdensbury
Inis IL composed of the Lowell, Concord, North
ern, Vermont Central, Vermont and Canada, and
Ogdensburg roads. The Fitchburg, Cheshire
and Rutland may said to be in the line. The
Vermont Central has a lease Of the Rutland and
also OF the Ogdentburgh, but an CT the lower
roads are dependent upon the Ogdeusburg as
the connecting link in the line We're that to
pass cut Of the hands Of the Vermont Central,
the lover roads would have no redress, and the
power OF Boston to control Western business
would reach only to Albany and St. Albans
II has trsnspired Of late that the Delaware
and. Hudson Canal Company, a powerful corpora
ton running coal mines in the vicinity Of SGran-
ton, Pa, and operating railroads as well as
canals, running line Of railroad from Scranton
to BinghamtOn, thence to Albany and Rutland
and Whitehall, carrying coal to Lake Champlain
and Northern New York, ard iron ore from the
Adirondacks to Scranton, is anxious to obtain
control Of the Oglensburgh road and is ready
to execute more liberal lesse than that nov
held by the Vermont Central Ii ueeis no e.gu-
ment to show that transfer Of the rogi to thst
company, or to any other organization, would be
detrimental to the interests Of this city Il is
no secret that advantage hss been taken Of the
present embarrassment Of the Vermont Central
in the management of its floating debt, to force
1t, If possible, TO surrender ire lease Of the Og-
9eEsbrrg.
The embarrassment Of the Central, It Is under
stood, il due in part to tic sct that the receipts
over the Ogdensburg have not been sufficient to
pay the rental; but it is also app2rsnt that the
rapid development Ct the business under liz
present management will soon leave large sur
plus in favor Of the Central. Such IL the aspect
Of affsirs
1t is 3 matter raioh demands the careful cen
siieration not only Of the managers of the rail-
roads leading from Boston to the St lawrence,
but Of the buainess men Of this city. We under
stand that the bordholieru Of the Central are TO
be called together il a few days to take some ac-
tea in regard to the hlatin. debt. We 10 not
know what pls1s may he proposed but
We trut; that the oaners Of connect
ing roads and the business men OF this
city will give al needful aid 10 hel7 the
bondholdera Of the Central ont Of this smbsr-azg-
ment- Nc one Who viii study the present de-
velopment Of rSilroaie, the growth Of the eoua-
tIy, tie current Of the grain trade, the position
Of Boston snd its advantages, can doubt for &
momeut that if Bottom will but retain control Of
this lre to the ST. L.6reuee it must ultim.tely
become one OF the great freight lines OF the con
tiEent. The possession Of the Ogiensburg rad
is the key Of the position to surrender it
would be criminal. Twenty-Five years $50 We
let great opportunity slip through our fingers;
let ia not now throw away the only liak in the
chain By which We have Communication under
cur own control with the grain fields ol the West
on the one hand srl Europe on the Other
Boston Journal