News and citizen. [volume] (Morrisville, Vt. ;) 1881-current, 1913-10-08

poston who naturally want to help the de-
velopment Of the country and OF tho roads.
The management Of the properties Will
be more than pleased IL New England
bankers, banks and investors will furnish
their full share of the money needed now
and In the future and viii assist in OBJ
tanning that money in the markets of the
world.
Arrangements must be made between
now and June /. 1911, TO pay off or renew
obligations on the New Haven road OF
SAG 023, 750 and on the Boston and Maine
and Maine Central of SO, 100000. and new
money should be obtained for use in the
next eighteen months to buy equipment
and make needed mprovements-at least
S25 900 for the New Haven and SIS, O00,
600 for the Boston and Maine. The total
of these requirements is $115,00O,000, and
the best financial ability is needed to han
die the matter, whether in New England,
Boston, New York, Philadelphia London,
Paris, Berlin or in all these places. AL
ready with the aid Of bankers in Boston
and New York arrangements have been
completed for obtaining So, 552, 400 for the,
New Haven road. The money is ready
and will be paid over to the company in
time to meet it's obligations if the public
service commission gives the necessary
authority to the company to. issue securi
ties for that amount.
New England can and will have the
Kind Of railroad management and service
to which she is entitled. Payment for this
can be made in three ways--first, by some
increase in rates; second by the stock
holders, who live in the country to be
served, advancing the money; third by
borrowing the money needed, wherever it
can be obtained
If and when the money needed is fur
nished, the management proposes to spend
it prudently in improving and perfecting
properties now owned. The management
proposes to confine it's activities to the
transportation business.
Development of New England.
The complete development of New Eng
lands varied resources has not been ac-
complished. New Englands farms must
be repeoped, and a change is going on
even now. Progressive farmers and i'm
migrants from Europe are teaching les
son which should be heeded-namely, that
agriculture and horticulture in New Eng
land can be revived and pursued with
profit.
New England has had a glorious past
and has had a wonderful influence in the
development of the whole United States.
She has great influence and power today.
Her loyal, public spirited sons have AL
ways taken their full share of the work
in solving the problems of the country.
Her own Industrial and transportation
problems will be solved, and all obstacles
will be overcome if all will work loyalty
together for a greater New England If
all will exercise some of the self denial
and patriotism that Robert Gould Shaw
displayed when he marched away to his
death at the head of his troops to serve
his country first and his family and him
self second
And so in New England there is no good
reason for doubt and encouragement, but
every reason to be steadfast. courageous
and to Sail on, and on, and on and
put New England in even a higher place
than she occupies today morally, physical
ly, agriculturally, Intellectually, CONNER
cially, industrially and financially.