Before the bonds are offered for the development of any section of Roadtown the matter of municipal franchise, and options from suburban land owners and farmers for the right of way and for garden sites will progress as much as is practicable and a statement will be issued showing the appraisal value of this land, the status of the franchise matter, together with architects’ drawings and engineers’ plans, and specifications setting forth the estimated cost of a certain finished structure with equipments in a certain locality. This will give the prospective bond buyer an exact knowledge of the property upon which he may secure the mortgage in exchange for his money which will be held by trustees until the required amount is raised and then disbursed by them according to the specifications. That this will be an excellent security will be assured by the fact that the options will be secured at a very low rate because of the competition raised between rival land owners all of whom desire transportation and the other Roadtown facilities. This principle has been made use of thousands of times in railroad and trolley promotion and has poured millions of dollars worth of watered stock into the hands of crafty promoters. As there is no promoter’s graft in Roadtown the bidding of land owners for this line of city through their neighborhood or property will turn to the benefit of the bond holder in enhancing the solidity of his security and to the land owner in bringing a strip of city to his farm. _Builders of Roadtown Take Minimum Risk._ The wonderful economies of the Roadtown construction, such as cheap building material, principally rock and sand from the farm, steam shovel excavation instead of hand shovel, work train instead of cart hauling and poured cement construction instead of hand labor, the economies of open piping and wiring, and the valuable patents that are being donated because of the humanitarian bases of promotion, will give a better building for the money than can possibly be made under present conditions anywhere and make the first mortgage on Roadtown, including as it does transportation, telephone, water, gas, electric, sewage and other franchises, real estate mortgage and a mortgage on a permanent fireproof house, will make it the best possible form of security known, and no inflated land values. Don’t forget that feature. Such a bond will be virtually a municipal bond as the people living in Roadtown can be taxed in the form of rent to meet the interest. No one who has fully grasped the principle of Roadtown will doubt for a minute that it can be built, for it is not a complicated mechanism which must fail if one part proves faulty, but simply the grouping together of inventions already in use. And even if some of these should prove to be unfeasible they would hardly be missed in the total.