Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-11-21
Social Security Set-Up
Holds Raleigh Spotlight
Continued from Page One.)

to effect.
2. Find way to ,a:se the revenue
to make the program effective.
Most Of those who have been max
ing a preliminary study of the old
age assistance or pensions angle of
the social security program, agree
that minimum Of 100000 a year
in new revenue will probably be need
ed and that it may run as high as So
600, 900 a year. Many are now inclin-
ed to believe, especially since the cleo
ton, that there will be a very strong
demand for the State to participate
with the Federal government on a
| maximum instead of a minimum basis
since they interpret the big majority
in the recent election as a mandate
for 100 per cent State cooperation in
the Federal social security program.
Thus the State would be required to
match the SIS a month the govern
ment will provide for every eligible
person over IS years of age to pro-
! vide each a total pension of $50 a
month, 1t is estimated that in order
to pay the full $50 a month pension,
the State will have to provide at least
! 100000 a year to match the Fed
; eral funds.
Must Meet Federal Agreement.
| Another immediate task before the
| General Assembly will be the enact
ment of a State law which will meet
| the approval of the Social Security
| Board, providing for the participation
| of North Carolina in the unemploy
| ment insurance program, The employ
| ers of the State are already paying a
| payroll tax of one per cent year,
| which will be due January 1, 1887, and
which will total about 100000 this
year, to be used for unemployment in
| surance. But until the General Assem-
| bly, enacts the necessary cooperative
| legislation, none of this money will
stay in the State or be used in the
| State unless Congress amends the
I Federal law. It is being hoped Con-
| gress will make sufficient changes in
| the present law so that this 100000
will not te lost to the State this year
But even if it does this, the State
must still enact additional laws to
| permit further participation in the
| program Additional legislation will
have to be enacted to permit the
workers in the State to share in the
/ old age insurance plan, for which the
| Federal government will start collect
| ing payroll taxes from both employ
| ers and employees on January 1, but
which will not start paying benefits
| to those who will participate under
! the act until 1912
Budget May Omit 1t.
One of the big questions going the
| rounds here is whether the Advisory
i Budget Commission, which has been
in session here for several weeks, will
! take into consideration the additional
revenue needed for the various social
security activities, and make recon-
mendations to the General Assembly
as to how the additional revenue can
| be raised, or whether it will ignore
! this need and pass the buck to the
| General Assembly. In the past, the
| budget commission has ne, er anti
cipated any new needs or requests
icut has held its recommendations al
| most entirely to the same objects as
participated in the last budget. So it
would not surprise a good many OBJ
servers if the budget body decided to
ignore the social security needs and
pass the job Of finding the amount
needed and the ways and means of
raising the money to the legislature.
On the other hand, some think the
budgeteers may foresake their former
policy and make definite recommen-
dations both as to the amount of
| money needed for the social security
program and how to raise