Norwich bulletin., 1915-03-25
WILMA k4A4kaFJTIC

tEastern Connecticut Development
 committee and one of the very enjoy
 able features of that meeting was the
 most interesting discourse given by
 E. C. Morse of Putnam, who spoke
 on the question of revaluation of tax able property. He referred to the fact that Windham had been fortunate in
 having 8 revaluation. but the work, while it had been done exceedingly
 well, was not perfect. He said that
 in Putnam 1t was voted to have 8 re- valuation of the taxable property. In his opinion it was an excellent thing to have 8 large grand list with small rate of taxation rather than @ small list and a high rate of taxation. When one told & stranger seeking a place to engage in business that the rate of taxation was say five or six mills it made good impression. But when one said twenty-one or twenty-tWo mills, that frightened him away MT. Morse gave the men present a fine idea of the so-called Somers sys- tenn of revalaation. He told about a talk given by a man engaged in that system of work to Putnam men. The system is one of computation rather than placing of values. A unit is taken. That Is on the land. A value is placed on that by the citizens them selves. From that unit IS computed ! the value of all the balance Of the land in a community. Then afterwards | men go out and look over the build ings, taking notes as to the material size, condition and other facts. This data is then submitted to the experts and they figure the value of the build ] ings on the basis that architects fig ure on buildings. In that way very desirable valuation is received.
 That the men present greatly appre- ciated MT. Morse's talk was evidenced l by the hearty applause given to him | at the close
 The association, acting upon the l suggestion of President Joseph T. Crittenden, voted to have speaker supplied by the Americans Bankers association give lecture during April tions represented by the committee. The lecture will be on Thrift, a sub | ject of interest to all.
 The calendar for the lecture as l agreed upon is as follows: April 12, New London; April 13. Norwich: April April 15, Putnam. President Critten- den suggested that it would be a good I idea to have 8 lunch at noon with the ] lecture at night on the occasion of the lecturers visit to each respective place. He hoped that this would have a tendency toward bringing the bank | ing interests of this section of the state | in closer relation with the mercantile 1 interests.
 Charles W. Pearson of Norwich, sec- 1 T0ldTy Ol LIlO TepOTI0O Gldt the matter of Building and Loan as- | sociation had been taken up there and athoughl no definite action had been | decided upon, there was much interest and the people seemed to want such an association. He told of an address which had been delivered there before the business men by a. very able au- 1 thority on this subject and the people were quite enthused. There is to be another meeting soon for further &C., tion on the proposition
 Special City Meeting.
 Will the city of willimantic spend 1 5000 this summer for permanent paw l ing or not? This question will be I decided tonight at a. special city meet 1 ing in the town hall. Those who want ] to rescind the appropriation made at the annual meeting in December pro- viding for permanent paving have not 1 let any grass grow under their feet l for several days, but have conducted ! an active campaign seeking to get men | to promise to attend the meeting and oppose the paving. Those in favor of the paving have not sat still and l looked on while the other camp was out recruiting. They were busy also. The meeting tonight promises to be interesting because some of those in- terested on both sides have been get