Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for We the People of North Carolina Vol. 16 Issue 5, October 1958
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On Maritime Day, 1958, the United States steps across a new threshold as it lays the keel for the ship SAVANNAH--the world's first nuclear-powered merchant ship. Named for the unprecedented voyage of the steamship SAVANNAH in 1819, the nuclear-powered vessel is a pioneering feat in the fields of atomic energy and engineering.
In 1957, North Carolina real and personal property assessments were valued at over $6.9 billion. Just five counties within the state--Guilford, Mecklenburg, Forsyth, Durham, and Wake--made up over 35% of this total. There has also been a general trend to lift assessed values to near actual values based on county and city needs.
The annual report of the North Carolina State Highway Commission emphasizes the issues faced during the 1958 fiscal year. Revenues were down and costs were up, with heavy maintenance charges of the $200 million secondary road building program.
To keep North Carolina's economy on an even keel, the state building and road construction program will be accelerated. Along with Federal funds, appropriations were made available by the 1957 General Fund for 144 million dollars for public construction, including highways.
A total of $3.4 billion was provided by the Federal government to the states for primary, secondary, and urban highways and roads, and the interstate system. However, North Carolina is only receiving 3.7% of the funds, the largest portion of this going to primary roads and the interstate system.