The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1875-10-30
TROY AND MONTREAL.
The Troy and Canada Railroad-A Stu
pendous Undertaking 100000 Invested.

A decade ago had any traveller on board
Lake Champlan steamer been told that
before the centennial of our republic rail
road would be built along the New York
shore to Canada, thus N liking q direct line
between Montreal and New York, via
Troy, he would have scoffed at the state
ment not only as improbable, but ridicu-
lousy impossible. The rocks towering
above the waters, extending along the
shore for miles with IN almost pernendicu-
lar ascent, would haye been considered
sufficient obstacle against the completion
of 80 stupendous an undertaking anf yet
American enterprise and the skill Of AMER
lean engineers, AN enterprise and skillful-
ness never known to fail in any of their
efforts to benefit mankind and further the
interests of progress, have triumphantly
achieved the marvellous, feat just mention
ed, and to-day u grand trunk line exists,
opening direct communication between the
metropolis of the United States and the
principal city of the British provinces, max
ing the difference in time between the two
places but about 10 hours. The New York
aud Canada road is substantially completed
although preparations for formally open
ing the road will not be concluded until
about Nov. 16.s asn... "a ,sa
TIE PROJECT OF BUILDING THE ROAD
was first discussed by the managers of the
Delaware and Hudson canal company dur
ing the winter of 197l-72.. They contem.
plated the work for a two-fold purpose
first to open up more extensive markets
for their coal, and, secondly, to prevent
any other company from doing the
same work and thus coming in direct com.
petition with their boats plying between
Whitehall and Canada, on Lake CHAM
plain Both objects have been attained.
I he articles of agreement in relation to the
building of the road were signed March
10, 1872. From that time the work has
progressed steadily, but surely. Many diff
| ficulties, unseen al first, were encountered,
but every one connected with the enter
prise seemed to be endowed with indomit-
able energy, and, az rapidly as possible,
| the road was pushed to completion,
THE ENTIRE COST OF THE ROAD
as nearly as can be estimated at present,
will not vary much from $1,000 600, about
| 1000, 900 more than the frat estimate.
OF the gross amount, "a, 900, 900, or $780,
| 900 sterling, was borrowed in England,
Bonds were issued amounting TO 1924, 00O
| by towns along the line of the road, they
| agreeing to take stock for the same. The
balance was furnished by the Delaware
and Hudson canal company, which also
took stock. All the scrip has not yet been
| issued. 1a ..'
| THE MANAGERS.
| Although the New York and Canada
railroad company is separate corporation
by ITSELF having its own officers and man.
ayers, the road will be leased in perpetuity
| to the Delaware and Hudson canal com
pany for 80 per cent of its gross earnings.
| TIE LENGTH OF THE ROAD.
The total length of the road thus leased
is 1874 miles-114 miles direct road from
Whitehall to Canada, and 30 miles of O
branch road from Plattsburgh TO Ausabe
Forks. This branch road will IN time be
one of very great Importance, inasmuch
as IL connects with the immense iron o.
Establishments of J. & ]. Rogers, and will
doubtless be extended into the great iron
producing wilderness many miles beyond
| Ausable. t'f
| BENEFIT TO BE DERIVED.
Although built at an immense expense,
| the benefits to be derived from the road
are lnestimable. Besides forming a direct
communication between New York and
Montreal, it enables merchants, south OF
Whitehall to make shipments during the
winter to all the northern counties, with,
out sending their goods out OF the state.
1t will also assist In developing the i'm
mense mineral region OF northern New
| York, and will certainly increase the al
ready great commercial standing of the
Empire state. 1t will, of course, be a ben
nicatlon with 1t. In fact, from the time OF