Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for We the People of North Carolina Vol. 19 Issue 8, January 1962
Currently viewing results 1 - 6
In Capitol Square in Raleigh, North Carolina lie some of the most intriguing buildings in the region. The Old Capitol has been the home of the Legislature from 1833 to 1963, when sessions were moved to the new $6 million Statehouse. The Revenue Building holds all the money paid to the State, both in the General Fund and money collected for the Highway Fund. Additionally, as 70 cents out of every dollar of the General Fund is spent on education offices for the State Board of Education are housed at the Education Building. Further, highway fund monies are collected by the Highway Commission whose offices reside int he Highway Building.
By the end of 1962, at least two Project Telstar experimental satellites, part of the Bell Telephone system repearter satellite program, will have been spun into orbit as a result of recent development in space technology. for more than 20,000 Bell System employees in North Carolina under Western Electric, the experiments highlight a year of space exploration as the first orbit of the earth by an American is scheduled as well.
One of the bills before Congress this spring is HR 7640. Introduced in 1961, the bills seeks to make permanent the temporary tax rate of 0.4 percent. The temporary increase was estimated to cost North Carolina $19 million with the majority of benefits going to northern industrial states. The bill would also seek to make permanent a 50 percent increase in the number of weeks for which benefits are paid, and increase the benefits to a maximum of two-thirds the average weekly wage.
For the eighth time in 12 years, the social security tax has increased. The latest tax rate increased enacted by the last Congress will amount to one-eighth of one percent on employees and a like amount for employers. The new law also schedules three additional rate increases to occur by 1968.
According to the State College Department of Field Crops, the highest crop yields in the state for six principal cops range from twice to four times as much as the state average. Tobacco, corn, cotton, peanuts, soybeans, and wheat are averaging 129 to 238 percent of the state average yields on Experiment Station plots, while many farmers are doing just as well.
With the pine products factory, Mayleck Industries, and Wingate Junior College, the region's youth are staying put in Wingate, North Carolina. With additional opportunities for recreation and improved facilities and business development, many find little reason to leave.