The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-03
Talked OF At CITY HALL.
Annual Tax Levy Has Been Completed
by the Assessors.
NEED NOT BORROW MONEY YET.
City May Have To Go Into the Markss
Later On But By That Time the FL
nanciai Crisis WIN BE Over and Rates
Reasonsble-yo yorty-three Miles Curbing

At 3o'olock Saturday afternoon the tax
assessment for the year WAS completed
and the assessors are now getting the
result of their labors into collated form.
This work will ,c;upy ne ,rly two
months and until it is completed 1t will
not be known just what the city's in
C me will be.
Not even the assessors themselves
know what the total will figure up.
Each piece sf real estate has been gone
over repeatedly and its value for the
purpose of taxation estimated In this
there have been many changes and
s,me may he said of personal pr perty.
creased and OF Others decreased.
New uames have been addel
while others have disappeared al
together 80 that until the thousands
Of individual sstssments have been
brought together aud their sun asc r
tained DO one will know how much
money will be paid into the city treasury
this year.
. In speaking about the matter this
morning Ge ,eral X odes said: 1--WE have
~ eat deaI OF work before us. 1he
asss, ssment is finished and 30 far
as ve are concerned nothing eau
be I'D led 10 or taken from it.
We pretty much in the position OF
the soldier who has taken his musk~t 10
pieces, he has got To assemble IL agaii
We have made ali the assessments, anu
must assemble tnr.,l bsfoie we know the
result oil onr work."
The City Not Anected.
From July Until the new assessment
b, comes available later In the year The
city il generally compelled to borrow
money to pay for public improvements
then being made. This will be the case
th IS year.
Ciiy Treasurer Gr"iuaer was not at his
office this ~ orni ". as he is at home i'll
hut the deputy treasurer said he
did not anticipate that the city
would be affected by the present
sii .ec cy In the money marke
IL would ne some time before 1t woul
I g necessal y TO 20 out side TO borro as
there was money enorgn IN the sinking
iund. which could be loaned on the city's
notes.
Later, on account Of the large amount
OF sewer and highway work being done.
the city might lie Obliged Co 40 into the
market for loau, but by that time the
uncertainty a I'd feverishness will have
disappeared and money can without
doubt be borrowed at reason.
able rates. The deputy further
calling congress together would uudou bt-
edly have favorable effect and tend to
restore confidence la business aud fnan-
cial circles.
Over Forty-three Miles.
The Rrotwh of city Is pretty we'll
indicated by the number Of its new
streets and this in turn is indicated In de-
gree at least by the quanty Of curbing set.
II, re In Provide ce inllS9l there sere set
SO, III feet OF crrbina, la 1892 72, 1856 Zee +,
an this year $1,000 feet have been pur-
caased and will be required. and OF tnis
80, ,0C0 has already heen set.
Here is a grand total OF over 230, 900
fest, or more than 43l< miles, a pretty
good sho ing for three wears.
commissioner OF Publ C Works S nth,
when asked about the growth of the
city. declared it was expanding
at remarkable rate. The prin-
ciral z owth was to The west and
south, but the north ard north
east sections also showed indica-
tion OF life and progress. The
building had been largely of d Yelling
houses owned by working people who
have been able by steady work and fair
pay to save enough TO pnrcbase their own
b ,mes.
The extension Of many large manufac-
turing plants receutly has created
demand for skilled Dbelp which
b ou ht many peope here and
Trey have become permanent residents.
Wh, n the next census is taken It will
how an increase in population AS lrafi
perity aud prog 'ess observab on every
n M