THEODORE R. MCKELDIN, GOVERNOR 293

months experience since adoption of the program and a
better financial record for comparative purposes will be
available. If the various highway revenues at that time, as
compared with projected estimates, are producing such addi-
tional revenues as to accomplish the aims of the program
without increasing registration fees, there will be ample
time then to defer or even eliminate the increase.

At this early stage, to legislate so far in advance without
adequate basis for so doing, would appear to be merely an
effort at delusion of the taxpayers. If the instant Bill were
to become law and subsequent financial data presented to
the 1955 session of the Legislature confirmed the necessity
for putting the registration increase into effect in 1955,
few, if any, would have the temerity to refuse the increase
necessary for continuing the twelve-year road program.
Since it is unnecessary and unwise to reach a decision on
further deferment of the registration fees at this time, I
have vetoed the bill. This action will permit the Commission
and its personnel to continue planning for road construction
and maintenance with adequate financing. There should be
no alteration of the sources upon which the revenue esti-
mates of the program are based, unless and until it is defi-
nitely known in any given instance that such alteration will
not in any manner hamper the financial needs for its execu-
tion.

Yours very truly,

(s) THEODORE R. MCKELDIN,

Governor

SENATE BILL NO. 110

April 2, 1954

Honorable George W. Della
President of the Senate
State House
Annapolis, Maryland

Dear Mr. President:

I am returning herewith Senate Bill 110 dealing with a
state office building loan to be used in Baltimore City. I
have vetoed this bill as unnecessary, since it duplicates
House Bill 98, which has previously been signed.

Yours very truly,

(s) THEODORE R. MCKELDIN,

Governor
TRMcK/A