The Press., 1890-07-24
TnE poNAGAssErr RAILROAD.
fDanielsonvil!e Transcript.)

r
 The people of Danie IsOnyille, and other places in this latitude, who know of the progress that has been already reached in preliminary work necessary to build the new railroad from Providence to this viii laRe, and on to Springfield, feel greatly encouraged. At the meeting held here last Monday, at which were present prom inent gentlemen from Boston, Providence and New York.-who are the leading splr- it's in the enterprise that is pregnant with great prosperity for our town, necessary changes were made in the new corporation, and fhe following officers were elected :--
 President Charles M. Stead of New York.
 Treasurer-S. w. Hilbert Of Providence. Directors Charles M. Stead, New York 1; O.. H. Peckham, c. W. Prentice, F. H, Smith, s. w. Hilbert, Providence; Geo. E. Parker. Boston; B. A. Bailey, T. E. Hopkins, M. A. Shumway, Danielsonville.
 The gentlemen from abroad informed our citizens who met them that if their plans are successful, work in this town on the new road will be commenced within a few weeks.
 Providence Teiegram.l
 IT WILL SUCCEED. <, There does not appear to be the least doubt of the immediate success of the completed road. The demand for direct route between this point and Springfield is longstanding and founded on grounds that appeal to the good judgment of every man of business.
 Beyond the big item of the Springfield shipping trade, which will by this route find a much more accessible and cheaper port in Providence than in Boston, there l is the consideration that not only the towns directly along the line, but the country around. will immediately become tributary to this city. The building of the road must necessarily develop the country thro which it passes, and the great impetus to Providence trade which will be given can not well be ignored.
 The company also claims, and this claim is worth careful thought, that the opening of the road will ultimately result in mak. ing Providence shipping point for Flu. rope. This claim is based on the further claim that Providence is some hundred and quarter miles nearer Liverpool than Boston. In these days, where an hour ol two saved in the transit between two points is sufficient to change the whole course of trade, the transportion lines, both by rail and water, are constantly looking for the shortest route, and if the ~Ponagan. sett road can offer the difference between this city and Boston which they propose the success of Providence as centre oi foreign shipping is assured, and the prob lem of utilizing our great harbor facilities is solved.
 The company promises road first-class in every respect, both as 10 buildings and equipment. The cost will be fully $3, 900, GOO, but the company claims that aftel work on the road is started it will be com pleted in an astonishingly short space soi time. Plans have been made for utilizing g big force to the best possible advantage and the completion of the road will be but 8 matter of few months after the firs tstone is turned. The men at the head o the company are. experts in rapid roai building, and their experience gives al undeniable weight to their promises.