Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1872-03-06

ment to the stockholder
The narrow gauge had these manifest adyan-
tages
First, its capacity Tor business was equal 20 all
the demands that would be made upon il by The
traffic of the country.
Second, the reduced cos; Of construction and
equipment put 10 Within the reach of those dis.
tricts Of the country which would NOT ailrd to
build the ordinary gauge, and conll not alIfi To-
sink their original Investment.
Third, the reduced cost Of operation. thc ca.
paciiy for business being equal to nl demands
furnished reasonable ground to expect handsome
remuneration for the Investment. The difference
between The cost Of the construction and the cost
OF operating the narrow and broad cauge- give
wide margin for profits to the stockholders, AN
the Vermont roads of the standard gauge would
now pay good dividends on the cost Of cln.truc-
ton, had they not been uuayollahly hardened
with large debts that had been incurred mr the
payment of interest The narrow rauec road
running through o. country like chat ftom Mont
pciicr 20 Newport through che Black River Vail
ley, could hardly fail under the management oi
prudent AMI honest men Co enrich Che clmmuui-
ties through which &c passed, ard also pay good
,.a,s.,t'i.'ii... - $500,
..t. ..a,.,,,t. ~,
townships Of finely timlefcl hind along tie proc
posed route. That land Is now worth iuaxi-
mum price of five dollars per acre. lr ssirtci by
railroad they would hc largely appreciated To-
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'''''='i' 1i'i1Ds" u Iv1'''' VI '.' Gown was ho"
y vac .''' !o"'' 'lat 10.
s'O''"' 'ee'''s "as '"o'ao'e % 'n,7 f'aa' ana
'"a. Iern"ps S-u'ooo ",'s"' ne i'I''u upon.
non H. r. cotton oi irus'urgh, relieved the
le'Pc % V'u' '"', Nc'V %, one NINA 10 ia'or OF
.De roau' ana "ou'u 40 '''e.f 'u'' snare ia puia.
'ns IT, 'o" " V"''i"' es,'nlN" ne was 'a'''leo
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'n"'ion 'ee' "a 'u"'cr ',r inspiration upon inc
e'n'e"p's',u 'o'u' 'nl 'ne same "e oe''e'ea 10
no uue VI ''o'"y u"u '''',ou'y' ne n'So ne
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10 ,o"' "ou'u pay S"'''oV '''''u'''S '' 'e'snF
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Ness's' lyi'i Aia brewster also responded
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