The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1883-12-21
RAILROAD mATTERs.
Tho Maine Central.

The Portland correspondent of the Boston
Journal says 'Some of the stockholders look
upon the change of directors as a menace to
their interests, as the road is now paying
six per cent interest, as we'll as affording suf-
ticient surplus to maintain it in it's present
good condition Under these circumstances it
is believed the road win ultimately pay better
than at present, SO that the contemplated
guarantee of six per cent. on account of con-
solidation of interests has not the attraction 1t
might otherwise have. When these men
were asked what would be done in case 1t
should pc attempted to consummate the pre-
posed lease, it was answered that the Phillips
suit could be kept in court till another meet
ing of the Maine Legislature, when legislation
opposed to consolidation could be obtained.
The number of bills favorable to the road that
have been enacted during the past few years.
and the changing sentiment of the people, af-
ford strong, though not positive, guarantee
of the success of such an attempt"
Mr.. Dtummond says that the statement tel
egraphed to the various newspapers that Abb
ner CobuIn, Darius Alden and f. w. Hill
voted the "new ticket" at the meeting,
Wednesday, Is erroneous. Governor Coburn
voted for the reelection of the old board Mr..
Hill voted part of both tickets. It is also said
Mr.. Alden voted the new ticket" remarking
as he did so, 81 am against the lease, but
shall vote the regular ticket"
The Boston Post we'll says: ga good part of
the success enjoyed by the Maine Central
Railroad for the past few years is due TO the
shrewdness, energy and business tact displayed
by Mr.. Payson Tucker, its popular general
manager. One of Mr.. fuckers peculiar quail
itcaiiens for the management of a railroad is
his faculty. OF selecting the right man for the
right place IN every instance, and when select
| ing giving him efficient latitude in the dis
| charge of his duties to make him feel that he
| is something more than mere automaton, and
that he is invested with a certain degree OF
responsibility. President jackson has also
been al important factor in the building up OF
this remarkably successful corporation. Con-
sentative in general. and yet progressive,
where push and energy are required, he now
sees the road successfully laid with steel rails
| through 10 New Brunswick, the last rail hav-
ing been laid at Vanceboro last week That
these services are thoroughly apprecia ted ID
| that both gentlemen should continue to fill the
| positions which they now occupy"
The Ogdensburg Connections.
| For the year ending September Both last, the
ogdensburg and Lake Champlain makes the
| following statement to the State of New York
in comparison with the previous year:
1882. 1888
Earnings. .................. Se43,3ss s,277
| Expenses and interest. :. 659,S54 628,64l
Deficit. ................ SIC, 4se .ss,es5
surplus.
For the month of October, 1888, the Conn
mercial Chronicle gives this statement of OPP
erations of the Ogdensburg and Lake Cham
plain:
Oct. Earnings. Expenses. Net.
1883. ss6.76o s4s.seo siy,sot
1Ss2-........... $4,000 447o0 29,sot