PAGE 4, WEDNESDAY NOVEMBER 30. 1983, WHITBY FR EE PRESS mm whitby w oiÈ Voice of the County Town Michael lan Burgess, I The only Whitby newspaper independently owned and operated by Whitby rr gPu Pubisher - Managing EditorL residents for Whitby residents. blished every Wednesday by M.B.M. Publishing and Photography Inc. Phone 668-6111 The Free Press Building, 131 Brock Street North, P.O. Box 206, Whitby, Ont. SANDRA LUCCI Community Editor ANDY THOMSON Advertising Manager Second Class Mail Registration No. 5351 Canada Savings Bonds a Convenience by BRIAN COSTELLO The trouble with most Investments or savings vehicles Is that your money is locked away. You can't necessarily get at it If an emergency arises. If you put money into the stock market, you have no guarantee that you will get your money back If you are forced to sell. And you have to wait at least flve business days to get the money when you do seil - after you pay a commission. If you buy real estate, you have to list the property first, then sell It and then wait a month or two or more before the deal closes. Then you have a commission to pay. Term deposits and guaranteed investment cer- tificates generally require that you lock your money away for a set period of time. It might be one month at a time or It might be as long a term as fIve years. Once you choose that term, you are . . . . . . . . .per. ... ... ANQO PJAWIFOU 0LOBLNW There are times when you can tell by what bubbles to the surface in movie theatres, in newspapers, and on television what people at large are thinking. It has been a long time coming, but'I think the media is join- ing the peace movernent. The balance of terror, which was believed to be the best deterrent, is weakening; and in military circles, nuclear war, or at least a limited nuclear war, is being discussed as a serious possibility. It is not a possibility that most sane people would consider. And I dare to hope, for the first time in years, that sanity stands a chance of victory. I get this feeling despite the Korean airliner tragedy, the missile crisis in Europe, the Grenada invasion and the fact that the fuse is once again burning close to the powder keg in the Middle East. Perhaps I sense vic- tory because of those things. They have brought us closer to the abyss and human instinct is to draw back from the edge, to a position of safety. The people who preach that the arms race is the only security, that moving closer to the edge represents salvation, may well have had their day. Public opinion is being mobilised on this issue in a way which has had no parallel since the Vietnam War. I don't think this implies any general softening on Communism. i think it's simply a growing conviction that combatting Communism with military force, when the ultimate force is nuclear, is a kind of Russian roulette with no saving grace. Few people in this coun- try can comfortably contemplate the idea of totalitarian Marxist regimes in this hemisphere. But surely, it is apparent to everyone that Marxism can only be exported to countries where there is widespread poverty, disease and ignorance. The breeding ground for Marxism is the gap that exists bet- ween the Third World's elite and ordinary people. It is the rightwing dictatorships which preserve the gap, and help it grow wider, who are sending engraved invita- tions to the radicallIeft which President Reagan so right- iy deplores. t is the Somoza's of the world who invite Com- munists in. If the UJnited States had put pressure on Somoza to liberalize his regime, to share the wealth; if on social justice and a democratic process, there would have been no Sandinistas. Nicaragua wouldn't have needed them. The way to stop Communism is with democracy, not the most hideous weapon that man has ever invented. A nuclear war could not be selective. It would stop everything. And I think that view is in the process of prevailing. stuck with it generally unless you die or pay a penalty to get your money out early. In the mean- time, you may have an emergency or Interest rates may rise, putting your investment at a disadvan- tage. It's a different story with Canada Savings Bon- ds. These bonds can be cashed in on a minute's notice. Ali you have to do is take them into a financial institution on a normal business day and you will get all of your principal right on the spot. In addition, you will be able to collect all the in- terest that you have coming up to the end of the last completed month. That's the way Canada Savings Bonds work. You don't have to wait the entire year to get money. if you need some now, all you have to do is cash in your bonds - or part of them - and you will get your money plus interest. Changing interest rates can always affect your investments. If your money is locked in and rates fall, you feel gréat as you are earning a higher- than-normal rate of return. However, when the opposite Is the case, it's a horse of a different color. Again, CSBs can help you win. If Interest rates fail, you don't have to worry about the rate on your bonds falling as you have a locked-in rate for at least one year and stated minimums for the entire life of your bonds. If Interest rates rise, you can always cash in your bonds and reinvest your money elsewhere - or, as happened in the past when rates rose, Ot- tawa willlikely increase the rate paid on CSBs so that you won't cash them in. Either way, you come out a winner. LETTERS TO THE EDITOR Dear Editor Isn't is high time that we helped the elderly in this town. On many oc- casions I have seen elderly ladies carrying heavy loads of groceries up Dundas Street West, from downtown. With no place to stop or rest on route, they continue to struggle on their route. Apparently these pen- sioners cannot afford taxi service, and yet they are the ones that need it the most. Since the town is already subsidising a domplete bus service, which operates at a fraction of its capacity, why can't we allow pen- sioners to ride for free! I notice that a new home for seniors is about to be constructed about ten blocks from the nearest super- market. Think about that one in the middle of February. Here is an opportunity for the town council to improve the lot of the seniors, without even spending a dime. Surely this is what the real 'Spirit of Christmas' is all about! AI Kirby included in the Free Press certainly help to publicize the clinics and therefore contribute a great deal to ensuring a good attendance at them. Since blood donor clinics are so vitally im- portant, I thank you for your continued support. Margaret Horton Blood Donor Chairman movie "The Day After" in my opinion was made by the woman who said, "We've known about this since Hiroshima. Why didn't we do something to stop it?" Why indeed! The movie "The Day After" plus the series "Kennedy" in which the Cuban Missile Crisis was so vividly por- trayed, in cojjunction with the breakdown of Submarine Machine Ltd Dear Editor: the disarmament tali The unprecedented at Geneva, amounted t Dear Editor onslaught of media a week ot increasir After having four suc- coverage last week concern and despair-fo cessful blood donor related to the issue of many. clics during 1983, I nuclear disarmament is The oniy ray of ol would like to thank-you encouraging but leads timism comes from th for the coverage you many of us to ask - why peace demonstrations î have given the clics in did it take so long? Europe and the effort your paper. The most important Then articles that are statement in the to g or e n ts