1768                                     VETOES

The Boards of Trustees of the retirement systems have unani-
mously and strongly urged me to veto this measure. They point out
that its implementation would create "many complicated and insol-
vable problems"; that it entails an improper approach for the invest-
ment of retirement funds; and that present investments of the
systems provide a greater return than that allowable under the bill.

The objectives of the bill are meritorious and reflect a condition
for which some relief should be provided—the need for funds for
advance right of way acquisitions on the basis of long-range needs
planning in a period of rising land costs.

Nevertheless, this bill at best would amount to nothing more
than a temporary and inadequate answer to a vital problem deserving
of more attention and a more complete solution. I hope that a reason-
ably early proposal designed to provide a satisfactory and permanent
method of financing future right of way acquisitions for the State
roads system will be forthcoming.

For the present, however, I am compelled to veto this bill.

Sincerely yours,

(s) Spiro T. Agnew,

Governor.

House Bill No. 640. Prince George's County—Electricians

AN ACT to repeal and re-enact with amendments Section 29-1
of the Code of Public Local Laws of Prince George's County (1963
Edition), being Article 17 of the Code of Public Local Laws of Mary-
land, title "Prince George's County," subtitle "Electrical Apparatus
and Wiring," relating to the composition of the Board of Examiners
and Supervisors to eliminate therefrom the President of the Prince
George's County Volunteer Firemen's Association, Inc.

May 4, 1967.

Honorable Marvin Mandel
Speaker of the House of Delegates
State House
Annapolis, Maryland

Dear Mr. Speaker:

In accordance with Section 17 of Article II of the Maryland
Constitution, I have vetoed today House Bill 640 and am returning
it to you.

This bill would change the composition of the Board of Electrical
Examiners and Supervisors for Prince George's County. I am
informed by the Attorney General that the bill is lacking in form
and legal sufficiency. For the reasons given in the attached copy of
his opinion, which is to be considered a part of this message, I am
compelled to veto the measure.

Sincerely yours,

(s) Spiro T. Agnew,

Governor.