Page FOURTEEN
THE PILOT—Southern Pines, North Carolina
THURSDAY, NOVEMBER 2, 1961
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WHY
BOND ISSUE?
A growing North Carolina with an expanding population,
improved agricultural production, industrial development, and
a demand for more services hy a progressive people, requires
that our state government expand its services to keep pace with
the demands of her citizens.
We are being held back by lack of space—lack of facilities—■
lack of sufficient development.
Rather than the state imposing new taxes for needed capital
improvements, the traditional approach^^^in North Carolina has
been a bond issue which will be repaid in an orderly manner
over a number of years—in much the same way that the family
buys a new car and pays for it as it is being used.
WHAT
NEEDED?
1. Capitol Area Buildings—The state is forced to pay sizable
rents every year as there is just not enough room for ef
ficient government services. $2,858,000.00
2. State Training Schools—Our correctional schools are al
ready overcrowded, and each year the number of students
increases an average of 13 per cent. $1,110,000.00
3. State Educational Institutions—More of our children want
to attend college but some are even now being turned away
for lack of space. In addition the schools for the blind and
deaf will be able to accommodate more students. $31,008,-
000.00
4. Community Colleges—The growing demand for a collage
education requires expansion of these community colleges.
$1,483,000.00
5. Archives and History & State Library Building—The educ
ation of North Carolina’s children, as well as her adults, in
the rich history of the past and the thought and learning of
the present, requires adequate preservation of our historic
documents and our books for continued service to every
community. $2,560,000.00
6. State Ports Authority—Industrial growth and increasing
NO CHANGE
overseas agricultural shipments require expansion at our
ports. These bonds will be repaid in a large part from in
creased port revenues. $13,500,000.00
7. State Mental Institutions—This bond issue will provide
additional urgently needed renovations in the state’s men
tal hospitals to keep abreast of modern treatment programs.
It will extend and improve facilities for training children
who are trainable, educating those who are educable, and
giving adequate custodial care to those who are neither
trainable nor educable. $7,396,000.00
8. Local Hospital Construction—This bond issue will assist
communities with limited resources—^those unable to
match federal funds—in constructing urgently needed hos
pitals, health centers, and nursing homes. $500,000.00
9. Natural Resources Conservation and Development—^This
issue will provide better conservation of our forest, one of
our most valuable natural resources, and will make our
State parks available to more of our families seeking whole
some recreation. $961,000.00
10. State Agricultural Research Stations—Increased demands
for modern farm techniques require improvement to our
research stations across the State. $289,000.00
TAXES
The State of North Carolina is in excellent financial
condition. The bonds of our State are rated AAA—the
highest rate obtainable for securities of this kind.
The anticipated debt service requirements of the
proposed bond issue, constituting only approximately
1% of our annual General Fund appropriation, was
provided for the General Assembly of 1961. THE
FUTURE REQUIREMENTS, IN MY OPINION, CAN
BE EASILY MET OUT OF FUNDS DERIVED FROM
OUR PRESENT TAX STRUCTURE.
Because of North Carolina’s long record of fiscal
integrity, I anticipate that we will be able to market
successfully and to good advantage the $61,665,000
of bonds, if voted on favorably by our people.
EDWIN GILL
Treasurer of North Carolina
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Vote FOR All Ten of the State Bond Issues
Tuesday, November 7, 1961
This Message Sponsored by the Moore County Citizens Committee
E. H. Mills, Pinebluff, Chairman
Forrest Lockey, Aberdeen
John S. Ruggles, Southern Pines
J. Frank McCaskill, Pinehurst
T. Clyde Auman, West End
Walter Davenport, Pinebluff
Henry Williams, Robbins
Lynn Martin, Eagle Springs
Jack Morgan, Vass
Albert Cole, Cameron
Mrs. Mildred Friesen, Highfalls
STEERING COMMITTEE
Citizens' Committee for a Better North Carolina
Mrs. Ed Anderson
West Jefferson
Mr. Bert Bennett
Winston-Salem
Mr. Hugh Cannon, Raleigh, Secretary
Mr. John Umstead, Chapel Hill, Chairman
Mr. C. A. Dillon,
Senator Lunsford Crew
Roanoke Rapids
Senator Archie K. Davis
Winston-Salem
Mr. C. M. Vanstory, Greensboro, Vice Chairman
Mr. Hugh Cannon, Raleigh, Secretary
Raleigh, Treasurer
Representative Irwin Belk
Charlotte
Representative Clifton Blue
Aberdeen
Mr. Cooper Cass
Winston-Salem
Judge Ed Clark
Elizabethtown
Mr. William Cobb
Morganton
Senator J. B. Eagles, Jr.
Wilson
Mr. Robert S. Ewing
Southern Pines
Mr. William'Friday
Chapel Hill
Mr. Harry Gatton
Raleigh
Mr. Dallas Herring
Rose Hill
Mr. Addison Hewlett
Wilmington
Mr. Leo Jenkins
Greenville
Mr. Thomas G. Joyner
Garysburg
Mr. H. W. Kendall
Greensboro
Mr. John R. Larkins
Raleigh
Mr. William McFarland
Saluda
Mr. C. A. McKnight, Jr.
Charlotte
Major L. P. McLendon
Greensboro
Representative William I.
Greensboro
Mr. W. H. Plemmons
Boone
Senator Clarence T. Stone
Stoneville
Mr. Herman West
Marble
Mr. J. H. Wheeler
Durham
Mrs. George Wilson
Fayetteville
Osteen