The Waterbury Democrat., 1944-03-18
Politics
 -M- 

ySAASAoOA Ohy Ok1lt1eE, SCtlSuuAGu " be held on April 18th. Democratic plans called for five such dinners, one each in the congressional dis tricts on the selfsame night. But 1t 30 happens that a testimonial din- ner had been previously planned for Mrs. Nora Mahaney Harris of New Haven in the Elm City on Mon- day, April 10. So, the Fifth and Third Districts leaders are contem- plating postponement of their din- nerS until, at least, the following week. State Chairman John M. Dove and Frank Madden, general chairman of the five dinners, were | due to confer on the date conflict Ah Hartford this week.
 There seems little doubt but
 what Waterbury will be the site
 of the Fifth District dinner, ale
 though there is some sentiment
 for holding it in TorringtOn. How
 ever, 1t is doubtful if as large .
 crowd could be accommodated in
 TOrr:ngtOn, as District Chairman
 Nell Maloney hopes to get into
 the Hotel Elton here. The subject
 of . speaker or speakers is also 8
 point giving local leaders some
 thought. Mayor John s. MOnagan
 has already indicated his interest
 in the local dinner and 1t may be
 predicted that there will be an all-
 out effort to make the affair out
 standing. Democratic officials
 throughout the Naugatuck Valley
 and L:tchfieId county will shortly
 be asked to participate, notably, Mayor William Patton of TOrring-
 ton, Warden Leo Brophy of Nau-
 gatuck, Mayor Andrew Nolan of
 Ansonia and Mayor Cornelius
 Caldwell of Derby.
 The report of City Treasurer Serge "A. Belanger this week showed that waterbury's bank balance right now is at its lowest point, dropping just below the million mark. It's bit higher, though, than 1t was a year ago which is encouraging to officials, as the tax anticipation note for 1914 was $10000o less than that of 8 year ago ($7o0,000 as compared to eS00,O00). This note falls due early In June, but by that time the city hopes to have built its deposits back to sizeable figures. March and ear- ly April are the two months when the city has to watch its eXpendi- lures closely. Fortunately no heavy bond payment fall due then. Once the first installment of 1914 taxes starts flowing in, the situation changes quickly.
 The much -heralded Republican primary burst like 8 soap bubble Thursday afternoon. ReOrganiza- ton COPers refused to pony up" the $15 fee that local party rules require to be filed with any tick ct Of delegates, so Chairman Ver- non L. Hall refused to accept their list of delegates. So long as par ty rules require that there be 8 deposit with a slate of delegates, mo matter what the primary may be for, it's hard to see how any, one can get around it. The Dem- Ocrats have a similar rule, save that they compel S25 to be depO- sited for each district in which there is a cOntesting slate of del- egates. That's necessary because when . primary contest is held there are expenses contracted and the Party feels that the person or group behind the delegate ticket should contribute towards this ex- pense. If it doesn't cost $25 per district or $15 In the COP case, the balance is refunded to the contestants. Expenses include fee for a Moderator, rental of voting places, electric lights, clerical sup plies, trucking, etc.
 If the figures published yesterday on the citys grand list are correct then Waterbury is well within the bonded debt limitation imposed by law. That limit is 5 per cent Of the grand list. Usually water bonds are exempt from inclusion in the limitation, but in Waterbury's in- stance the water bonds, Series Of l94l, totaling $1.485 900 were not granted exemption. AS a result these bonds are added in with the city's other general bond obligations, so that this total is $10,l75,50O whereas 5 per cent of $225, 877, ,002 amounts to $l1 ,293, $50. Consequent Sy this year Waterbury's bonded debt, subject to limitation, is $l,- 118,35O on the safety side. And a wear from now, presuming that the grand list does not show any se- rious decline, it will be even more on the good side.
 Most people regard WaterburyS bonded indebtedness as an insur" mountabIe mountain. There are interesting sides to it, though and unless city officials in the years to come embark on spend. ing orgies that renuire bond is- sues. there win come 0ay when the bonded debt will be small and :ts annual drain on the city treas ury a small percentage of one mill. instead of or 8 mills. Along about 1874 general bonded indebtedness, without any further increase, will come to an end. Water bOnds' however, are projected into the '9O's. The 194l series of water bonds will be quickly amortized from 1853 through 1857 with city fathers now preparing a cushion tO soften this extraordinary ex- pense by building up water fund reserves.
 State Education Commissioner AYonzo c. Grace was due to inspect sites in New Haven this past week on which the city hopes to build a trade school as a postwar project. The same idea is still being consid- cred here fin Waterbury. This city