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about ten i n o h m i n diameter and would a ls o have bad to b u ild an intake r e s e r v o ir or b a sin s im ila r to the one b u ilt by the railw ay aomp&ny. I estim ate the oost o f p u ttin g in such a pipe and r e s e r v o ir would have been about #8900.00. •Hi® consumption of w ater a t present by the ra ilw a y oompany p ro bably i s about 80,000 g a llo n s a day and th e town uses p ro bably 20, 000 g a llo n s , fig u r in g on a b a s is o f 40 g a llo n s a head fo r 50.; p eople. Would i t not be f a i r , u n t il th e new im ia is put in , f o r the towns!t® oompany to b e a r h a l f the in te r e s t on the oost o f the present lin o and r e s e r v o ir (# 1 3 ,5 0 0 .), and a ls o h a l f the east of maintenance and taxes th ereon ; and When the new pipe is l a i d , h a l f the in te r e s t on the present pipe p lu s h a l f the in te re s t and taxes on the oost o f the new p ip e, o r, say on #23,500., and h a lf the maintenance charges. I t i s Im p o ssib le -to determine what th e maintenance charges w i l l be on the p resen t p ip e , but on the wooden pipe they would be very low as such p ip e should have a very lon g l i f e . Under t h is p la n , the annual -in t e r e s t and maintenance charge a ft e r the new pipe i s put in would be abqut #1200. a y e a r, or |600. chargeable to each company. I f depre­c ia t io n is charged only on the new pip© assuming fo r i t a l i f e o f 25 " y e a rs, o r 4$ on the c a p it a l, 2> a d d itio n a l, o r #200. s o re , should be charged to © ©oh company, making %800.00 each. This plan contemplates that the- r a ilr o a d oompany s h a ll b e a r the t o t a l lo s s , am ounting.to.aboitt #10,400., occasioned by the -fa ilu re o f the 18 inch sheet s t e e l p ipe a f t e r a to t a l s e rv ic e o3*. say .4 y e a rs.