The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1896-03-19

passengers and 453, 600 tons of freight car
ried on Maine railroads. In 1890 there
were Q, 147 3T passengers and 5, Oo3 1884
tons of freight transported. In 1860.
the gross receipts were 1864, 442 In 1895.
the gross receipts were $3.50. 5s3. There
are now 42l locomotives actually used
In Maine. enough to reach from Water
vile to Vassalboro if they were coupled
together. The freight cars owned by
Maine roads would make train 40 miles
long.
II could not help thinking as l came
up here to-" said Mr.. Chadbo urine. land
l say it without fear of contradiction,
that the Maine Central railroad in its
motive power, that is in the percentage of
effectiveness. is better than any other
road in the. United States.
| Turning to the other branch OF his
subject, Mr.. Chadbourne advised his
hearers to invest their money at home ii
they want to increase the states railway
| facilities He told the story OF the sue
cess of the Aroostook road, road which
had to 90 to New York to sell Its bonds
ways are developing new business. 1t
was due to them that the pulp and paper
| industry was established in the state for
the first question asked by the men in
terested in this business was: "Can you
take your product to market at rate
which will allow us to compete with
the producers of other states?" Mr..
Chadbourne eloquently defended the rail-
roads against the assertion that they are
heartless corporations caring for nothing
but their own interest, and paid high
tribune to the ability and integrity of
Maine railway managers. He would,
he said. to call attention to another
| thing. The railroad bridges in Maine
are stronger than those of other statos.
way bridge generally used, but when the
Maine Central built it's great bridges
few years ago, Mr.. Tucker said to Mr..
Cooper, Add 30 per cent to the strength
Of the bridges, for we don't want to
send for you in 30 or 80 years to come
down here and strengthen our bridges"
| Mr.. Chadbourne's remarks were re
ceived with applause.
The matter Of the appointment of a
| legislative committee was deferred to
the annual meeting in September.
Austen Cary, ESQ.,, during the after
noon session read paper upon the value
of the pulp and paper industry and the
necessity of taking steps for the preser-
| walton of the forests.
| Waterville is hospitable city and its
merchants are ideal hosts. That was
shown when over 100 business men
gathered about tho long tables in the
dining room of the Elmwood hotel. An
orchestra enlivened the proceedings
while the diners were busy with the
delicacies of the season. The gathering
included man prominent men
Mayor Webb of Waterville, in his re-
Spouse to the toast, "The City OF Water
ville," created great enthusiasm when
he referred to Speaker Reed as not only
presidential possibility, but presidential
probability.
Hon. VIM. T. Haines acted as toast
master, being introduced By M. @.
Foster, Esq. A letter Of regret was read
| lEulA Wv. SlodNo63 WuoS0 IOc0uu AliuoS6
prevented his attendance. President
Henry Lord OF the State board OF Trade
spoke of the change Of sentiment since
the formation of the board, six years ago.
Maine is now known as good state to
live in. Our money and our young men
stay here. IT was not so six years ago
and in bringing about this change the
State Board OF Trade has played an i'm
portant part.
President Butler Of Colby university,
was received with applause and laughter
when he said: II stand before you with
all the shrinking modesty that character
ICES man who has lived some time in
Chicago" President Butler then pro-
oeeded to show that the college bred man
is a success in business, and spoke of the
union of the college and the business en-
terprise in way that evoked long con-
tinued applause.
Col f. e. Boothby told good deal
about the growth of railroading in Maine
which his hearers heard perhaps for the
first time
President Harris of the State College,
made An eloquent plea for the technical
school. and Hon. A. R. Savage, Hon.
Edward Wiggin, Hon. Llewellyn Powers
spoke forcibly and we'll. It was one of the
most successful banquets in the history
of the board.