The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1896-10-21
SUM MARY OF NEWS.
Vermont.

SON OF John Wiley, while hunting with
other boys in Rutland on Sunday, was &C.
cidentally shot, dying at the hospital.
THE three-story block at West Rutland
belonging to william Thrall was burned
on Sunday morning. Loss, $4,000; insured
for S7700.
HORACE RuBLEE, editor Of the Milwaukee
Sentinel, died on Sunday from humorous
disease which developed into tuberculosis
He was a native of Berkshire, Vt, and
went to Wisconsin in his eleventh year
For eight years, unGer Grants administra-
ton, he was United States minister to Swift.
zerland.
THE members of the late Ex-Governor
Fuller's staff-by f. K. Alfred, e. l.. Bates
II. E. Parker and ID. p. Webster, commit
tee, have adopted the following resolu.
lions of respect: Whereas it has been de-
creed by an all-wise Providence to remove
by death from the active sphere of useful
ness Levi X. Fuller, an honored citizen Of
our commonwealth, one with whom we
were intimately associated by virtue of hav-
ing been selected az members of his official
staff while he occupied the exalted position
OF governor and COMMANDMENT chief Of the
state OF Vermont, therefore be it resolved
that we express our feeling of deep per-
sonal affection caused by this sad event,
and to the wife who has sustaded this ire
parable loss we tender our heartfelt and
affectionate sympathy, believing that the
many humlrdDl6 JTdlJS Oh character pos
sessed, the innumerable good and noble
deeds performed, by Governor Fuller, and
the testimony ON every hand of his good
works, cannot fail of being a source of great
consolation to those who survive who were
bound to him by the most sacred ties; that
a copy OF these resolutions be transmitted
to Mrs. Fuller, and that they be furnished
the state press for publication"
STEPHEN L. LITTLE, the expert appointed
| nv the pXumina the a Of
the Central Vermont railroad, has made his
report after an examination covering the
past three years. He makes the road show
an average annual loss of about S250,000
and places the operating expenses at about
| seventy per cent of gross earnings, with
every thing charged to expenses. He adj
mits that 1t is customary for many roads to
charge improvements, etc, to accounts
other than operating expenses, but claims
it is not proper railroad bookkeeping. The
road would have showed fixed charges
earned except for this change in the &C
counts. He finds the floating debt and
fixed charges just as represented by the
company, floating debt amounting to about
S2,5Oo,00O, which is largely held by the
Grand Trunk railway. He shows that the
msfortunes Of the road were largely due to
the leases of the Rutland and the Ogdens-
burgh roads, which the receivers have now
given up The figures Of the Rutland earn
ings are misleading, but he says the earn
!
year by the Central road sending through
freight over the Rutland road, the Central
and Rutland roads running nearly parallel,
so that, deduct this 100000 year, and it is
clearly evident that the Rutland lease,
whereby the Central Vermont pays that
road 1866, 600 year, has been an unproft-
able one. In the case of the Ogdensburgh
road the report shows that it has failed by a
largo amount to pay for itself. The New
! London & Northern lease has been a profit
able one, the road showing surplus earn
ings last year of $4,000. No discrepancies
have been found in the accounts, but Mr.
Little shows the roads misfortunes to have
originated in unfortunate leases and an I'M
wieldy floating debt, handed down as a
legacy TO the present management. There
is no prospt ct of speedy reorganization OF
| the Central Vermont but it is thought
that when a reorganization is effected il
will include both the Ogdensburgh and
Rutland railroads, but on rental based
upon Mr.. Titles report that will allow a
margin of profit. 1t is not outside the range
of possibilities that the Grand Trunk rail-
way will be found to be in control of the
property when reorganization is effected.