New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-02-11
RAILROAD INTERESTS.
THE NEW ROAD FROM BOSTON.

Tn view of THE TRIBUNE's dispatch yester-
Sav in refer,ncc to the railroad TO be 0ult 'e
Boston and New.York which Will, OF course, oe "."
20 the New-York, New-Haven aud Hartford ho"'' II"
porter Of THE TRIBUNE c,lei Yesterday ON I''', -,
watrous. Of the New-Hork. New Haven anu
10 ascertain his opinion in regard To this nc" pun
"In tho first place." Mr.. Watr"us saiu' ",
ktatements in the newspapers ~
10 this new scheme rs nov ""'n'
rect, II sta,cd in these clcs that NeW-lorK ara
Connecticut have each granted chr cr to this corpora
lion, know Connecticut has not aui have 20 2 re-
hottest idea that New-York has An effort is no" he s
made IN ,he Connecticut Legislature 70 geI ac'9rer for
a road through that from Greenwich 20 Noun'own
Whether they'll get IL remains TO he seen
.'what will be the effect your road If snch On r'er
IS granted -
"i il obtained. in my Judgment II viii he someN ha'
injurious 10 our property. If char oud he oh 'd
and road built under it, that would obviously nc some
detrinent property though greater drirm'h Z"
tho public than 10 for the reason thh either me par
of the public that furnishes the money to build II VIII
have 60 without return on IFS Investments OF e~
the part Of the public il will have ia nay more
for railroad facilities than does THEY'LL have +"
pay enough to operate both roads and pay dividends on
two capital investments instead of one"
"Do you think the charter will be granted :"
al don't believe the Connecticut Legislature
will grant the charter. | fail 10 see
md think that body will fail 10 see, that there
is any public necessity for it, am very sure that the
Connecticut Legislature will not knowingly couhtcnihcc
the practice Of building railroads for purposes o ehDS
construction companies TO Eiake money IL $50 nc
boped that the Legislature OF Connecticut as wen as OF
all other states will adhere the practice or II some OF
The states have departed hercfro, 'a " return 10 me
practice, of allowing more railroads 10 ne DhIi
than the public convenience requires, ana
reInre Of those already built the best
accommodations to the pnhlc attainahle under
the present knowledge OF railroads proper regard Delhg
had Ia the expense az compared With their benefit.
What is the history of this new cF
The line in behalf of which "a charter Is now nclng
sought in the Connecticut Legislature Is the ola me De-
and New Haven fire lnenilv surNel e1
in the last and for the construction OF when
so many CORPORATIONS have been organized under the
railroad laws Connecticut, aud then allowed 10 cue out
The line wcen NCw-liaycn and Rhode Island or th'
eas,ern border OF the Sta IL, so iar az
know new line and quite destitute of thing 10
make the building of a railroad there desirable ctpt
Dosshly 10 the builder himself AS TO the Boston end OF
Inc line know nothing about IL except what I've seen ID
The newspa,,ers; hut | have not supposed thai me
proiect soneNg Familiarity known as the Hood project
lad any connection with this Connecticut project Known
ms the Jewell petition. Nor have any knoWledg' as 10
whether the state OF Massachusetts has dom anything
and IL So what reference To ts sOfhlltd Bood PROJECT
notice in TUE TRIBUNE Of to-day that IN" road IL sl"h
az rs the York and Roscn Inland Railroad ana ~
pose that to he the name of the Blood project when
a. have understood does not go to Ncw-liaEch al all
hut crosses the consolidated road nc or near all ngor
happen know that the name given a. The COnhcctct
proiect in aid OF which charter IL now beng sought Is
fhe NeW-York, Connecticut and Boston Railway Com