| May 1913, No. 183 | Canadian Railway and Marine World (Toronto) | Page 227, col. 3 |
Grand Trunk Railway betterments, construction, etc.
Southern New England Ry.—In a letter to the Governor of Rhode Island, E. J. Chamberlain, President, G.T.R., states that $2,500,000 has already been expended upon this project, and that to complete it will require some millions more than was originally estimated. The company offers to hand over to the state the line as it at present stands, on condition that the state will complete it and operate it on one of two plans. If the state will operate it as a Government line, running powers will be given over the New London Northern Ry., owned by the Central Vermont Ry., from Palmer to Brattleboro, Vt., so as to constitute a complete division, and a traffic agreement will be given by the C.V.R. for a division of through rates on a mileage basis with an addition for terminal charges. Under the second plan the C.V.R. will lease the completed line on a rental of 5% on the actual cost of completing it. If the state will not take any action, Mr. Chamberlain says the work will be definitely abandoned. (April, pg. 181.)