The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1919-05-03
GOVERNOR ROBERTSON
FLAYS DAILY OkLAAHOMAN
AND ANSWERS OPPONENTS
Continued from page y.

Continued from page y.
the men who are to make up this com
mission VIII be genuine guaranty TO
the people and to all the interests of
the state OF the success OF the move
ment. II is no place for a politician.
This commission must be composed of
men who are well enough known and of
sufficient business experiences and suf.
ficient experience in IN affairs of this
state to say and do all the things neces.
sary to be done.
What / am more Interested in than
anything Is to see these roads built and
In accordance with the provisions of
this amendment so that when they have
had two or three years of road building
under this plan and | go out of office
the people will say that that was the
greatest step in constructive legish-
tion that has ever been enacted and that
II will prove to be n monument to the
administration and all to the satisfac.
ton of the people of the state generally.
There has been some criticism Of
fered against this good roads plan and
much Of IL has been of a contradictory
nature. First, fifty million dollars was
entirely too much money, and now, they
say, it is not nearly enough. 1t is
more than a ftymillon-dollar propose.
tlon. Fifty millions of dollars perhaps
will not completethis system and it
may be that you do not need to be re-
minded that the state will receive
several millions of dollars from the
federal government in the next few
years with which to build good roads. /
This federal aid. it is even estimated .
by the opponents of the bond issue, |
will reach such an amount as to make |
the total Of money available for build |
ing good roads seventy or perhaps .
seventy-five millions of dollars.
win BE Money Left
THE same revenues that are now
being used for the dragging and i'm.
provement of dirt roads in this state
will pay the entire cost of retiring the
bonds and meeting the interest. and con
servative estimates ON this revenue in
dicate that there will be money left to
turn into the state treasury of the state
Two-thirds Of the license tax on auto
mobiles and other motor-driven vehicles
will be first used to meet this expense
and oil. gas and minerals, as well as
all Of the income tax. Conservative
estimates of the amount of money neces-
sary to meet the cost of retirement of
the bonds and payment of the interest
been made and also made on the pro-
bable revenues for the next four or
five years from these sources have been
set out u prove these things
The total amount necessary to re-
tire the bonds ana pay the interest
when the greatest amount of bonds viii
be outstanding is about So $50 600 and in ;
that year it is estimated that the
revenues from these sources will be
about $4,jO0.0O0 Only $4,000. 600 in
bonds can be issued the first year and !
on this amount the interest at that s
time will be $4,000. Under the esti-
mate referred to about 100000 900 will {
be outstanding at the end of the fifth ]
year and the interest at that time will
amount to $1,S90000, but at this time I
will begin to decrease at the rate of I
$9O, 900 a year, as $1,000, 600 of the bond 5
issue must be retired every year. {
1T is estimated that Oklahoma will /
be so greatly benefited by the success 3
of this measure that the value of real y
estate will be increased to an amount q
far in excess of the total bond issue. d
The basis of estimate is at the rate of y
S. an acre in the first half mile on the
proposed routes and it graduates down n
to fifty cents an acre in the area in Y
the last half mile zone, two and one t
half to three miles from the roads. g
This surely is a conservative estimate. p
The area of the state in square miles
is 70,057 and in acres it is Al .S36, ,4S0. t,
The construction of the statewide sys- o
TEN of hard surfaced highways will in. Il
crease the valuation of 3S.j per cent of h
the area of the state to the amount OF G.
s44, $40 900. In addition it is reasonable
to suppose that the remainder of the
total area of the state will be Increased Il
in value to the extent of fifty cents an e.