Minority Report of the Committee on Railways in Relation to the Hoosac Tunnel and the Railroads Leading Thereto: With a bill to incorporate the State Board of Trustees of the Hoosac Tunnel Railroad; also the speech delivered by Hon. E. P. Carpenter in the Senate of Massachusetts, June 3, 1873, in support of the same — John Shaqi
Minority Report of the Committee on Railways in Relation to the Hoosac Tunnel and the Railroads Leading Thereto: With a bill to incorporate the State Board of Trustees of the Hoosac Tunnel Railroad; also the speech delivered by Hon. E. P. Carpenter in the Senate of Massachusetts, June 3, 1873, in support of the sameMassachusetts. General Court. Committee on Railways and Canals
History
Minority Report of the Committee on Railways in Relation to the Hoosac Tunnel and the Railroads Leading Thereto: With a bill to incorporate the State Board of Trustees of the Hoosac Tunnel Railroad; also the speech delivered by Hon. E. P. Carpenter in the Senate of Massachusetts, June 3, 1873, in support of the same
Massachusetts. General Court. Committee on Railways and Canals
It creates a corporation which cannot combine with other corporations,
nor can its stock be purchased or in any way controlled by outside
parties, and is strong enough to compete successfully with the
powerful corporations of neighboring States.
Such a management we believe would be efficient and reliable beyond
that of ordinary railroad corporations. It would combine to a great
degree the advantages of state and corporate management. The governor
and council could be depended upon to appoint suitable persons as
trustees. The railroad corporations would naturally appoint their most
efficient agents as trustees. Such a board could find no difficulty in
securing the services of the ablest railroad officers to direct and
aid in the management.
It remains to refer briefly to the other propositions before the
Committee.
First, to that of the Boston and Lowell Railroad Company to unite with
the Fitchburg. This is a proposal to unite two lines in some degree
rival and competing. They are rival lines to some extent for local
business. They form parts of rival lines for distant business with the
North and West. It is a new proposition in this Commonwealth to unite
rival and competing lines. This competition will be increased with the
opening of the tunnel line. The Lowell is the natural terminus of the
Northern line, and the Fitchburg is the natural terminus of the tunnel
line. Whatever advantages may accrue to the corporations themselves
from such a consolidation, the public results will be unmitigated
evil. Not one witness unconnected with the interested corporations
appeared before the Committee to testify in favor of such a
consolidation. The evidence against it was strong and conclusive. The
Northern line by way of the Lowell and Vermont Central was shown to be
of great value to Boston and to Massachusetts. It is now in a measure
consolidated under contracts having twenty years to run, and it is
surely bad policy for the Commonwealth, having expended $12,000,000 to
create a new line, to commence its operations with the destruction of
one in full and vigorous existence. Moreover, such a consolidation
threatens more than anything else state control of the tunnel itself.
A powerful corporation, owning the whole line except the tunnel, would
soon compel the transfer of that, and until such transfer, would throw
upon the State as the owner of the tunnel the responsibility for all
the sins and omissions of the line.
The important question of an interchange of depots and tracks by the
railroads entering Boston on the north has been somewhat involved in
this hearing.
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