Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-01-30
The New Trunk Line.
WHAT THE TROY TIMES THINKS.

This is the day and generation of BIG
things. The latest big thing is the new
railroad combination in which Troy and
nearly every locality between this city
and Canada has great interest. The
combination proposes, by consolidating
existing railroads and building new rail-
| roads wherever necessary, to provide a
| direct line from New York and Boston
to Canada. Several steps in the plan,
which has been quietly on foot for three
years past, have been taken.
On Monday the stockholders Of the
New York, Boston and Northern rail
road voted unanimously to consolidate
their road and franchises with the Har-
/ lem Extension for the formation of a
! company to be known as the New York,
| Boston and Montreal railway. A meet
ing was also held at the Harlem Exten-
sion Company's Office in New York at
which it was unanimously voted by the
| stockholders to unite with the New
York, Boston and Northern railroad
company. Legal measures have been
taken TO bring the Northern part of the
Harlem Extension railroad, extending
from North Bennington, the junction of
the Glastonbury branch, to Rutland, in
to the combination. The section ex-
tending from North Bennington to the
junction of the North Adams road at
Stephentown is the only portion of the
line from New York to Rutland with
which arrangements have not been per-
fected. The mortgages which are now
upon it will be taken up on or before
Saturday next, and the New York, Bos
ton and Montreal railway will then have
complete control of the line and its num-
erous branches.
The new consolidated trunk line, un-
der the name of the New York, Boston
and Montreal railway, is two hundred
and fifty miles i'll length, extending from
New York to Rutland, Vt. 1t was
necessary for the company to build only
one hundred and fifteen and a-half miles
of new road-fifty-two miles from
New York to Carmel, thirty three
and half miles from Carmel
to Hopewell, and thirty miles from
Pine Plains to Chatham. The roads en-
tering into this consolidation are the
New York and Boston, the Putnam and
Dutchess, the Dutchess and Columbia,
the Pine Plains and Albany, and the Har-
lem Extension. The combination was
made under the laws of New York, and
the line to Rutland is now controlled by
a corporate organization At Rutland
connection is made with the Rutland
and Burlington railroad to st. Albans,
and at the latter point with the Ogdens-
burgh and Lake Champlain railroad, and
also with Montreal, where it will meet
the proposed Northern Pacific and Mon
treal railroad to Duluth.
The combination is directly opposed to
Commodore Vanderbilts system, and
proposes to make an aggressive war up
on the railroads managed in the interest
of the Commodore. branches to vari-
Gus important points on his roads south
of this city are projected. 1t is also in
tended TO build branch to Troy, an
other from Stephentown to North Adams,
another from North Bennington to Glas-
tenbury These branches will place the
new road in opposition to the Rensselaer,
and Saratoga railroad, the New York
and Canada railroad and the Troy and
Boston railroad The men who are en-
gagged in the new enterprise are not very
well known here, but it is said that they
have.millions of money. They will need
it all if they begin war against the
combined money bags of Commodore
Vanderbilt and the Delaware and Hud-
son Canal company.
THE TRIBUNEs OPINION.
The New York Tribune editorially
says:
The details of the great railroad con-
solidation which we publish to-day are
of commanding interest to the CONNER
Cial and travelling community. The sys-
TEN now nearly completed has been long
in course of silent preparation; and,
though the project seems to have sprung
full-gIOwn from the brain of some fer
tile inventor, ii is the work of years. A
glance at the map printed on another
page will show how comprehensive is
the scheme, so far as it relates to the in
terests of New England, Canada, and
New York, considered together The
New York, Boston and Montreal railroad,
with its New England branches, will
embrace a great manufacturing region.
But its connections with the Erie rail
way, and with the New Jersey and Penn
sylvania system of railroads, will bring
if into vast coal and iron producing fields,
clasping together the great sources of
product and the workshops of the ma
ton. Besides, there will be made easy
connections with the trade centres of the
seaboard and the interior.
1t is too early to calculate any of the
results likely to flow from such com
bination of railroad interests and it will
take some time for the problem connect
ed with the speedy change in business
and trade currents to be wrought out.
But enough has already been known in
the discussions of this new project in the
columns of the Tribune, to point the
significance which it has in the business
of the country. Old means of commu-
nication may temporarily suffer, but the
eventual result of the now arrangement
of lines will be beneficial not only to
New York but to the whole country.
A Lctter from Kansas.