At the present rate of supply of“
eral funds, which is the controlling
factor under the plans in force with
the state highway department, al
most the only agency now engaged in
constructing roads in the state, I
will require ten years to have a well
connected system of good roads. The
next question naturally asked is
what can be done to speed up the
work. This cap be answered with
one word, ‘funds.’ How can addi
tional funds be secured? To answer
thiS intelligently it is necessary to
repeat some of the bond campaign
^•The plan as proposed and sub
mitted for the approval of the peop e
was to secure annually, by the sale
of bonds, sufficient funds to match
funds" allotted to Alabama by *6
federal government, which was esti
mated would be approximately two
mflHon dollars a year. A table was
prepared showing that by selling the
bonds in annual lots of approximate
ly two millions dollars it would be
possible to use solely the revenue
derived from the sale of motor ve
hicle licenses for creation of "• s1"*
ina fund for retirement of bonds, for
payment of interest on bonds for
maintenance of roads constructed and
the maintenance of the department.
o o o
Source. Of Revenue.
•■At present, the revenue derived
by the state from the tax or motor
vehicles is, in round figures, $1.000.
