Ontario Community Newspapers

Whitby Free Press, 16 Mar 1972, p. 2

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Page 2, Thursday, March 16, 1972 WHITBY FREE PRESS j ..Battle of Influence D e s p i t e strong Tom Edwards per- s u a s ion, Mayor Des Newman edged in one vote, influencing his council in no Whitby support for the vital issue of the autopact. But th i s battle of influence wasn't m e r ely Liberals-versus-N. D. P. , in- deed it involved on a much more human s c aI e , the welfare of Canadians from every avenue of life across the Domin- ion. Locally, mayor and reeve have been t w o top contenders on the issue of the autopact, havingwith conflicting views, battleditoutat a not too long ago, open session of council. Newman at that time publ icly denoun- ced the save-the-safeguards committee f or various reasons, including a sus- icion the committee wasmisrepresenting s. L .0. A Sir; Whilst talking to a young married couple recently, the couple saidi they were expect- i n g a v 1' i t from an in s urance ag- ent from one of t h ose companies. Lat e r 1Iwas told they had bought a I>0, 000whole life pol icy. The fact i s they d î d n It buy an in- surance policy, they were 'sold a smalIl amount of in- suranceand a Io us y investment at a very high price. In 1862, Mr. El- i z u r Wright, the Father of Ameri- can L ife insurance said, that he ha d become persuaded that life insurance w a s the most av- alab le and per- m am e nt breeding place for rogues. I am quite sure that some insur- ance man will say, "ah, but things have ch anged.I" M r . W r ight said PERMAMENT. L i f e i nsurance companies own two-thirds of the wealth on the North American continent, yet they produce nopro- ducts. Dy the use of impressive ad- vertising they have persuaded the public "'you are in safe hands be- cause w e are as safe a s Gibralter rock. Not only the p u bl ic, but pol i t- icians are per- suaded this way. The first Prime M i n ister John A. Macdonald was president of a company. One of the retired in- spectors of insur- ance inOntario retired to a direc- tor.'s position on a company's board. One of Canada's biggest life insur- ance companies w i t h head offices in London has the life insurance and h e a I th insurance for al1 government employees in Ont- ar i o. Lest you should think it stops there, i n the last da y s of 1971, the Legislature of Ontario passed a law th a t made it illegal for anyone in Ontario who ad- v i s es someone to % 0 Mail Phone Publisher Editor Editorial Advertisi Display Classifie< Circulath the facts to the public. ln round t w o , Edwards d i d all the talking in asking council to follow suit on a resolution from Ontario County by e n d o r sing the actions of the save-the- safeguards committee. N e w m a n s i n f luence perceivably th i n ned th is time. Only one vote de- feated the reeve's motion for support. Bu t that one vote means no support of the commi ttee will be forthcoming from the Town of Whitby. If Newman truly believes in what he has advocatedon the committee, then he i s t o be admired for his sheer guts in br av ing the unpopular stand on an is- suewhichhasaroused such strong pub- lic sentiment. If, on the other hand, with so much at s t ak e for his fellow Canadians, he is promoting his own political stripe, his ruthlessness is frightening. çdrop the expens- ive, wasteful whole life insur- ance, in favour of ch e aper term in- su rance. In fact, th is 1 e tter is an infringement of the law. Eut far wor se than that, the in- surance lobby has ha d passed, a law that is an infringe- ment to my rights as a citizen to free speech. But my b i g beef wi th thé insurance industry is that it misleads the buy- er, and by comm- i ssion sel ling, for ces its agents to sell high price insurance. The comm i ssion on a w,h o 1le life policy of $10, 000!isin the r e g i on of 80% of $200, or $160, but if he sold term In- surance, he would receive 20% of $80, or $16. If you were sel- ling insurance for a iving, which ivele. er th C.ssaty in)n Hometown paper of Whitby, Brooklin, Myrtle and Ashburn. Published every Thursday in and for the people of Whitby. ffices - 301Byron St. S. Whitby - Box 206. Whitby - 668-6111 r - W. Bill'Durkee - Judy Durkee Staff J. Quail ng d >11 - Ron Winstanley - Phyllis Millar - Barry Schroeder would you sell? If a*35-year-old man buys a $10, 000 whole life policy, he pays about $20 per $1, 000 of protection, or $200. The in- vestment or cash surrender value goes up each year , and as the cash surrender value goes up, the am- ount for which the company i s H1i able goesdown, so that when the 'savings' reach $5,000.00, the company has only to pay $500, 000 if you die. I n other words, if you di e, the company keeps y ou r savings - if y ou don't die you still pay the same prem ium for half the protection. I f however, you re a ch retirement age and want to get your 'savings' youhave to cancel the insurance to get i t. It's called Cash SURREN- DER Value. They surrender the cash, you surren- der theinsurance. Then you also find out t h a t your in- vestment has been col lecting interest at the rate of 2½ % per annum. I w i s h someone would lend me money ona regular basi s at that rate, even Canada Sav- i n gs Bonds would make me a fat pro- fit. It's time the gov- ernment investiga- ted this industry, and gave the com- mon people insur- ance at term rates, we pay unemploy- men t insurance, why not death in- surance, because that is what it is. Of course you couldn't knock on someone 's door and say, "Hi, 11m Joe Slow from "Deceptional- Death. " E. McCaughtrie, Stillwater Farms, Brook Iin. Sir; On Sunday, Mar- ch 12, I wentto the Whitby Arena to watch two minor hockey play-off games. Both games ended in losses for the loc- al teams involved. The same two of- fici ais did both games. Are referees that hardtoget that the fans should see the same mis- takes i n two con- secutive games ? The'se officials have done a num- ber of gamesin Whitby this seas- on, and I am won- dering if they are afraid that the vis- itorswill call them "homers" if they called the same number of penal- ties for both teams. In the bantam game, a Whitby player took a shot i n the mouth from the oppos ition. When he retailia- tedwith an elbow, hereceived a min- or penalty. This kind of of- f iciating is dis- gusting. The more the local fans yel1, t h e more the ref- eree misses. In the second game, the same officials allowed a goal tocount, even though the goal- tender was unable to get at the puck because of an ob- struction. This o b s t ruct ion hap- pened to be one of the opposition. Wh i le lying flat on his back in the go a l crease, the goal tender tried to situpsoas to grab the 1 oose puck that w as b eing batted ar oun d his feet. Continued on page 9 AIRPORT For years the rumour's gone around; The new airport would be near the town. The truth is out, the rumour's o'er, The airport is indeed next door. Our neighbours on the north-west side, Will soon be blessed with runways wide. In peaceful fields where cattle roam, Soon D. C. 8's wiIl make their home, The pleasant countryside will be, A beehive of activity. Instead of songbirds in the skies, There will be jets of every size. In place of streams and flowers and trees, will be jumbo jets and S. S. TIs. The quiet country life must end, Progress is the word my friend. And when you've found another home, Just pray it's not an airport zone! by Bruce Duggan 353 Rosedale Dr. m v 1% %-e %.le %MW %MF a %.e w v m v W»

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