St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1875-11-12
The Vermont Central RaIr.,
cOuntInu

This accounting has lust L.,
pleted, and the public now .,,,.,: '"''-
report of the masters. WL.t 81 'ds
port will be can be very >,tI, ''' 'e-
tured from the testimony that Ia. 'lI''.
given and the arguments thai L.,'.-,"'.
made. 1t is quite nh,i"i;> tI' "'.
enemies of the trustees hay.t.H .A'
subStantiatc amy charge of fl.,uJ '''" TO
ruption against the old mauan,,, ~,
have appeared before the ma>;,,. '''.
able counsel. and had full and :, ''a
of the books of the Trust. and 49, "
has been developed impiicariur ..'',
the integrity and honor of The, rI,..
On the other hand. the lcrort, ~,
case show that the trustees has,. .'
with prudence and Sagacir, pb.,'''.
have largely Increased the plnp,,,. ."'
business of the trust that il H.
better condition III every lc>p,l
when they undcrtn"k it. and rI..,
have never entered upon an. ,,r...
OF leases OF other roads rNrcp. D., ...
with the consent of all the puri,.
trrc Stcd in the trust fund.
One singular fact has been d,t,J
in the course of this accouutlu. .r.I ..
litigation attending it, Ii In,
earnestly charged against the tlu...
almost as IL criminal breach nt ,,.
that they should have lcn>, Il rb, b..
land railroad under false im,,,,..
of its earnings and EXPENSE. and
thus involved the trust III u heavy
nual deficiency in order Ia n,c,r %.
rent. But we have before Us N. .a
davit of The President of the. Eprr..,
road showing that She least. MS Vow.
made under false lnprr>>ion Of iI,t,r..
to the trust, and also showing tha, H..
lease must have been Il >urlc,. of 49,.
great financial benefit I" il. Tins H.
statements of one party hostile roiL.
trust diSprovc the statements OF .,..n,L..
party ~ hich is hostile I" it, Cn.,Y...
Smith must he "rhtiticd tn Irt,ri.,r
direct testimony If GoN,lHrr Para, p,
the wisdom OF his action in the mate.
of the lease OF the Rutland l.ld
We truss that the litigation u .i..,
railroad matters is nearly at AN end. p
is time il WAS ended. We do r,.r 49,.
how there can he amy renewal # .i...
b'i i''tiIl'N III W NV u NV >'llll' .It'Ill'
gone over and over again. the .....
charges of fraud are made rnd r,..,...
and the same nIala%cInCHi IcItat> ..,..-
liuHally lis conclusive VIudic.li.. p
is time that the trustees. the ,...,.
lnr'. the judge, and courts of Tire ,,r..,
should no longer hc subject to r.....
which have. hr.u fcrrIr.,.
hurled at them. We can cnnrru, o.
no interest to be Sub>crNcd bl Il ,,r...
ton of the charges which have Ur,.. =.
many times di>provtd. The \ Iliu..
aud Canada directions were elected ..
tn" late annual meeting IN the ilIr....
Of the proposed consolidation vuh.I
Central Vermont. Mi. Brooks. uhot.
stirred mp 50 much strife aud llligarln.
WIS left ont. and will bc unable nr.u.
pn his guerilla WaIt;nr an, Iun.r
There is no reason why the riupu>,..
Iniut ,hould not hr effected nov, 10
is most aIdrnlll to hc desired. also rl,
he Rutland and Central Interests ~hou.a
be- separated. toI the sake of iuy mu..'
advantage that mII>i result. Ihctr..
nal i now doing Il fair iu>iuc>~. aud {,
annual financial Statements snow H..
he receipts of the road exceed it, ,A.
bcn~c> lol the year. 1t will lee % .r,'
blessing t" the State to have tho Iu.
'oad Wal ended forever. before the clos,
If the l";n. ETchdHpc.