WATER, HOT WATER, WASTE WATER 75 



The moment we had these figures my friend ex- 

 claimed: "There you are it is costing you over twice 

 as much as it costs me in Suffern." 



I went to the telephone and called up a mutual 

 acquaintance who we both agreed was the best 

 judge of realty values in Suffern, and asked him this 

 question: "Suppose there were two lots for sale in 

 Suffern, both of them equally desirable in every re- 

 spect except one. Suppose one of them was located on 

 the Suffern water system, and suppose the other was 

 located where no water could be supplied to the 

 owner by the city. What would the difference in the 

 price of the two lots be?" 



After considering the matter a moment, he replied, 

 "About $500 perhaps a little more or a little less." 

 Then I started out to figure what it cost my friend 

 Hench for water in Suffern. And these were the 

 figures at which we finally agreed: 



Interest on capital investment of $500 at 



6 per cent $30.00 



Taxes on added land value 3% per 



cent of the $250 assessment 8.00 



Water tax 20.00 



$58.00 



This showed a clear saving of $12.81 per year in 

 favor of the individual pumping system. "But I am 

 not through yet," I said. "This figure of $58," I went 

 on, "represents what it costs for water in Suffern 

 on a single lot. But many homes in Suffern are built 

 upon two or more lots, thus doubling the initial in- 



