Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1904-03-29

ers of land were represented at the
hearing. seems to leave the promotre' ;
without other evidence co far as this
branch Of the case is concerned. than
their own express desire TO divert The
traffic to another route.
1t is contended that Runford Fails
furnishes Il better market for pulp
wood because Of the large industries
there and because the distance to mar
llct would be less over the proposed
route than it nov is over the existing
route.
No evidence was introduced to show
the price of pulp-wOOd at any OF the
manufacturing points in Maine W.
have no reason to suppose that the
prices are different in the several 10
calities. Whatever difference there IS
must Re on account OF the difference
in freight rates. If the manufactures
at Rumford Falls are able TO trans
polt freight To their mills more cheap
ly than other companies can 40 thtE
will not add that difference to the
price to be paid for lumber. Ii tn
Emnfnid Falls manufactures can st;
their freight TO the mills at a less f;lt'
than can the manufactures operating
| in the vicinity of Portland and bruns-
wick certainly the latter can get u
less FIRE light rate to market tor III" in
ishcd product. Since this matetr il
left to orr judgement. without cNldcnrH
being introduced. we cannot see that
tho land owners would realize any aG
vantage in the Itumford Falls mark
over the markets in other sections OF
he State.
There are large pulp ard paper mills
ut I.ivermore Falls ana ut 1tileys. As
already shown it is $40 miles from
I.umford Falls to IL point one half way
on the Phillips and RanGeley Railroad.
1t is 1907 miles from Livermore FAILS
to i point one half way on the Phillips
ana RAnGeey Railroad. This makes
:. difference Of 10.3S miles in favor Of
Livermore Falls by the Pennington
route. To Eilcys by the Pennington
route il Is J4.4S miles. a difference of
49, miles in favor of Rileys over Rum
ford Falls. Resides. it is within our
knowledge that puip-wcod freight is
now being hauled from Onuossoc sta
ton. through I;umford Falls, to Liver
more Falls and Rileys.
RELYING upon our Judgement. in the
absence Of evidence as to freight rates
by way of OuuoSSoc. We are unable To
find ai!irmatively that rates would be
less By tho proposed now route than by
the existing route. Certainly the dis
lance as shown would be greater an
we can conceive of no reason why the
rates would be less.
| There is further objection to the pro-
posed charter raised by the holders cf
| the bonds Of the Phillips and Eangeley
! Railroad.
The Phillips and Ransely Railroad
COMPANY WAS organized i'll April lS$9
under i special act Of the Legislature
ana the road was constructed in that
ANA the following year. At that tim"
| tho Eur.ford Falls and Huckfeld Rail
road extended from Mechanics Falls to
| C;ilbcrtv,lle. In 1892 the Portland ana
, RuinfOrI Falls Railway Company was
organized and the line was extended To
| i.umfOrG Falls. At that time the most
optimistic dreamer had never suggest
| ell al, extension to oquoSSOc. TIL" pro-
| mote:S of the Phillips and RdngelT
Railroad and thos" who furnished tn"
money with which to build the road.
| We must assume, naturally looked upon
that vast timber section along the line
! Of the road ana that lying north of it
us the natural feeder of the ROAD.
Without the freight which this tH"b"
land would furnish no enc could have
invested in the bonds of the road with
any feeling or th1t they would II" i'll
tarest paving. Tho bonds Wcr" PR
chased. the road was constructed ami
| the bonds today are he'll largely by the
savings Banks Of The stat. tn" truss
tees VIII" purchased thcs" bonds for
| the Savings Banks say that they lid
| 50 ulpn IL, il judgement that this ter
| ritory wo;:lI furnish sufficient freight
! to make them Il SAT" invcstcmcnt.
They claim that should i new corpora
| ton br authorized Ia cniAc into this
! territory ana take III" business IWat-
| iron! the Phillips AMI Eangclcy Rail-
| road and divert it into another channel
| thrS" securities would b. cndanc,r e