Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1874-11-23

cashiers, buyers, statesmen, and the
enormous item of rent, which Is never
less than $4,000, and more frequently
$4,000, absorbs profits terribly; and
remember that cash goods are now job.
bed at profit of one per cent. on 'lead-
ing" articles ; and almost every article
the sharp buyer manages to make lead
ing. The merchant hbors for the land
lord, as rule.
The fact is, the men who have made
money in New York, have done it in
real estate, the same everywhere else.
Business is liable to many fluctuations.
Of the business men of the city, not over
three per cent. retire with a fortune;
and of that three per cent. close exam
ination will show that the fortunes they
retired on were made by lucky chance
purchasers at some point long way
back, For instance, one merchant of
my acquaintance bought a plat of ground
in 1850 for $4,000 He made in his
business, about $4,000 more; but
that ground sold last week for SIS, 900,
which made him comfortable for life.
There is nothing so certain in life as the
ground we stand on. 1t cannot burn,
nor run away-only mortgage can eat
it up. Land is a good thing to have,
and in long run, will make more mon
ey than any thing else.
BUSINESS
Business is improving every day.
Buyers are increasing their purchases
every day, and there does seem to be
more healthy feeling in the marts of
trade. Let us hope that it may contin-
ne.
There is no reason that | can see why
business should not be good The peo-
Bile who have wheat and corn and oats
in their bins need not suppose that their
produce is not to be consumed. 1t will
be wanted, and good prices are going to
be paid for it all A little confidence is
all that is necessary. Please tell your
readers so. and get them to start the
wheel. Once they move, and the trou-
BILE will be over. There is no reason
for trouble at all. The country is as
prosperous as ever, if people only think
so.-Pietro an Old Colony Memorial.
THE VERMONT RAILROAD WAR.
The contest going on in the Vermont
Legislature over the railroad question is
Of more Importance and significance than
many people perhaps imagine. The in
terests of Boston as well as those of
Vermont will be seriously affected by
the result. 1t is fight in some meas
ure between Boston and New York be-
tween those whose interests are abroad
and those whose interests are at home.
The aim of the advocates of the bill
to incorporate the first mortgage bond
holders of the Vermont Central is to
GUST the second mortgage bondholders
and those who paid their money in tc
relieve the road and form the new cor.
porat1en. in accordance with the action
of that famous horticultural Hall meet
ing in this city, two years or so ago, tc
break up the leases, and in fact to upset
all the efforts made since that time to
harmonic the conflicting interests. and
to build up the road, 1t is a warfare
against Governor Smith and those ,asso-
ciated with him; a warfare conducted
if VIC are not greatly mistaken, by those
| who brought the affairs of the unforu-
nate concern to a crisis in the summer Of
70.
Now, of Governor Smiths private
quarrels we know nothing, and care less
What we do know is this, that he anC
those with him are working to bring W
the road, and with it the State of Yer.
mont. and to make Boston the terminus
cf great through route to the West
and against them are leagued those wht
desire to shift the property into the
control of outsiders, and to make New
York the terminus. OF course, Govern
or Smith is actuated more or less by /
selfish motive. as most of US are in ou
business undertakings; but that the de
sire to advance the interests of his Stat.
influences him as the desire to advanc,
his own interests there is no question.
Our advice to the Legislature of Yer
mont is to have a care how it legislate,
on this question If its members hav,
the welfare of their State at heart, W,
cannot see how they can Willingly impe
another railroad revolution in Vermont
more controversy, more confusion LIE
the road alone. this session, and let the
problem be further worked out on tn,
present basis. Only mischief will b
done by a change.-Bastoaa Daily Gla6e
BOSTON CATTLE MARKET.
For the week ending Wednesday, November ls