Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1873-05-28
The New Railroad Combinations
rur crxrKAL vKENOST, ASp ma roHfLAAD
AND oOpENsHURa.

The New Railroad ComDinaiiohs'
rur crxrKAL vEnNOST, ASD ma PORTLAND
AND o0BESsuUEs.
The orgsnirAliOn Of the Central Yer
mont Railroad Company At 81. Alean' the
other day as the successor aud executor
Of the Vermont Central, Is an event Of
considerable more Importance 70 both Dos
ton and New York Than at hrst sight aP-
pears. The controlling interest IN the new
company is held by the same parties Who
compose and eOuuol the New York, BOs-
ton and Montreal RsilrOad Company and
the management Of the two companies viii
doubtless be heBeeforth practically II not
actually identical. The latter corpora
ton is largely New York in its compost
ton and purposes, and the addition OF It
to the Vermont Central system Of roads
gives 10 great advantages and important
advancement toward the realization OF the
plans which have been so long and so ire
qucntly detailed of its important and eH'
tensive operations. The Gilbert Ele'a.
ted railway is one of these adjunets. and
for several months we have been looking
10 the New York, Boston and Montreal
railway TO give the metropolis, among In
ether blessings, the greatest OF all RAPID
transit The company has extensive water
front and navigation facilities on the north
side of the Harlem river. and with the
annexation of the lower portion of the West
chester will be in position TO dcvelOpc at
once its property under the city charter.
With the acquisition Of thc Vermont Gen.
trail system of roads by the New York IN
terest, the new Portland and Ogdensburg
road now building through Vermont and
New Hampshire becomes to Boston a
work of the first interest and Importance.
II is now going on prosperously and With
every prospect of early completion and
successful operation, and when it is finish
ed will more than supply the place OF the
Vermont Central. Its distances from
Montreal to tide.water are less, its grades
are easier, aud its local business promises
to be larger. Nearly all the grading OF
the Vermont Division Is completed. aud
tho expenditure of a quarter Of million
more viii: open the entire line from Cham.
plain to tie Connecticut, East of the
river, a few miles, at White6cld, direct
connection with Boston is made, while at
North Conway, on the ether side of the
White Hills, another connection will be
made to the same poiut, over the Boston
and Maine. From Swanton, the Lake
terminus, two routes viii be opened to
the West, SO that the facilities for bring
ing the produce of the prOiries over this
line will be ample. Since the New York
move ON the Vermont roads, the Green
Mountain towns have become solicitors
for the advantages which the new line
promises them, and Burlington offers tc
double its subscription provided the Port
land and OgdenSburg will build an indie
pendent line to its gates, instead of stop
ping, as has been intended, at Essex, Sin
miles distant. Should THIS ba done, B r
7 lincton would have new and direct con
0 nection with Boston by n route shorter
: than any now existing, aud all the towns
' of the upper lakes would share its advan
: tages. The business prospects of the
Vermont Division for the coming summer
d are excellent. Fairbanks & Co.. the st
+ Johnsbury scale manufacturers, who arr
r also largely interested in the road, vii
n supply it, at least, fcrtylthousand tons .
+ freight from their own shops this summer
d and the fertile towns of the Lamoiils val
: ley will do heavy frcighting in both direc
> tiops. Through some inscrutable process
G the road is being built for nearly on
thousand dollars per mile less than tn
o engineers estimate, the bonds are meet
e ing with rapid and favorable sale, an
there is every reason to expect that be
4 fore another winter Boston will be proyid
ed with new ard batter route to tn
u West and North, and one which Ne,
70 York will not be able to control or tax
away from he:.--N. Y. Cor. Boston IA
rert,Ser,