Errant drivers merit severe
Agony and curse of the aged The reference to the severe punishments 5) Drivers licence revoked for 90 days
meted out to the errant drivers in Alaska in concurrent with administrative revocation
the article on Land of the Midnight Sun in the and
Aged-persons retired from private sector Year/Month Rate of Monthly Monthly Reduction Sunday Island of August 17, 2003 should be 6) Undergo alcohol screening and coun-
employment who are unable to engage in any Interest Income Based on: an eye opener to us. According to the writer, selling on probation for one year.
form of gainful employment to earn an addi- Rs. 16% 14.10% 12.30% in a case cited by him, the punishments meted Unless we resort to something like this we
tional income to supplement their meagre Rs. Rs. Rs. out for driving while under the influence of will have to say prayers before we step out of
interest-income derived from fixed deposits Prior to 2000 16.00% 13,333 – – – liquor included the following. the homes!
and terminal benefits such as Provident Fund 2000 January 14.10% 11,750 1,583 – – 1) Fine of $ 1500, Over to all those concerned with the safe-
money received at retirement, are undergoing 2001 February 12.30% 10,250 3,083 1,500 – 2) 45 days in jail, with 42 days suspended, ty of people on the road.
immense difficulties because of the declining 2002 March 09.60% 8,000 5,333 3,750 2,250 3) Pay $ 270 incarceration,
rates of interest on fixed deposits. 2003 January 08.70% 7,250 6,083 4,500 3,000 4) Perform 24 hours community service
Axing of interest rates to very low levels 2003 February 10.20% 8,500 4,833 3,250 1,750
to facilitate borrowers from banks to con- 2003 March 09.70% 8,083 5,250 3,667 2,167
2003 August 09.30% 7,750 5,583 4,000 2,500
tribute towards deflation and reducing the
cost of living is an act of ‘robbing Peter to February 2001- 12.3%, March 2002 - 09.6%,
January 2003 - 08.7%.
to senior citizens.
It will be helpful if a reasonable minimum
Contributors to are advised to retain copies
pay Paul’as far as the aged-retired people are
concerned as was rightly pointed out by the However, the National Savings Bank rate of interest, say not less than 12%, on of their articles as well as photographs sent for publica-
Editor of 'The Island' on the 20th ultimo. granted a special rate of interest amounting to
10.2% on Fixed Deposits of Senior Citizens
Fixed Deposits for Senior Citizens is given
by the National Savings Bank.
tion. We regret our inability to return such articles/pho-
I received a monthly income of Rs. 12,000
to 14,000 approximately before 2001 by way over the age of 60 years with effect from The reduction in income due to the declin- tographs.
of interest on fixed deposits amounting to Rs. February 2003, which was relief to the aged. ing rates of interest, of a senior citizen who
1,000,000 derived from employment since Unfortunately, the enhanced rate too was has managed to save Rs. 1,000,000 during his
1954 to retirement in 2001; my fixed deposits reduced from 10.2% to 09.7% in March 2003 lifetime, could be gauged from the following
Lotteries Board renders a
were spread out in banks and Finance followed by a further decline from 09.7% to table above.
Companies. When the commercial banks 09.3% in August 2003. I earnestly request our dear Prime
reduced the interest rates, I channelled all my The senior citizens too are affected by the Minister and his ministers for their kind
savings to the National Savings Bank where increased cost of living, especially the cost of intervention and grant redress to the aged
the interest rate was 14.1% in January 2000. medical needs. population The purpose of this letter is to clear some life. The draw shown on TVwill be of inter-
From February 2001, the National Savings If the promised increase in pay is to be misconceptions with regard to lotteries con- est only if you have purchased a ticket.
Bank also reduced the rates as follows - given to public servants, it must also be given ducted by the National Lotteries Board. Many obnoxious features of gambling are
There is no denying the fact that lottery absent in the purchase of lottery tickets. Very
sales have increased in recent times. Lottery little time is spent in the purchase of tickets.
booths have mushroomed everywhere and Nobody gets angry with you because you
travelling ticket sellers on foot and on bicy- have won, though envy may arise in a mis-
Your banner headline “Docs pull out that the SLIC could take refuge under it. blow his own trumpet. I understand from cles have invaded every nook and corner of guided few. However, in this case a cardinal
insurance” of 8.09.03 of ‘The Island’is to This is not just done by honourable actuarial sources that the present manage- the island. rule must be observed viz, never spend any-
say the least, is a one sided view of former Insurance Companies though some operate ment has very generously declined to take This increase in popularity has many caus- thing that you are not prepared to or cannot
ex-co-member of the former GMOA’s on the fringes of the law by 'wriggling'. It its legitimate share of profits, running into es. The lotteries are better advertised now and afford to lose.
charge that an insurance claim had not is morally wrong, if such unscrupulous and millions, from the Life Fund, for the year more prizes of greater value are being offered A person, whether a layman or a member
been honoured. (resulting from an MoU short sighted commercial practice is resort- under review, for the new shareholders. for a sweep ticket that has not increased in of the clergy, may seek material gain. The
signed between the former GMOAand the ed to. The Chairman, has said 'let the profits go to price for very many years. With falling inter- mere fact that he does so does not cause him
The GMOA’s charge that “after the the policy holders, this initial year, as it est rates people may opt for sweep tickets. to decline. (A decline will however occur if
SLIC). It is alleged that one of its former
The rise in the cost of living also increases he places material gain above spiritual gain).
ex-co-member had been defrauded by an SLIC became totally a private body “it had been done in the past'. This I under-
sales. As people find it more and more diffi- He declines only if he gets intoxicated by the
agent of the Sri Lanka Insurance show a tendency, to make petty excuses stand is the first time the shareholders of
cult to lead a comfortable life on their gain once obtained or grieves when it is not
Corporation. The charge is that the SLIC is and different interpretations of the policy”. any Limited Liability Company has
income, they are tempted to purchase lottery obtained. Money by itself is neutral. It can be
quibbling over the word “Critical illness” As pointed earlier the SLIC was on firm declined to take its legitimate share and
tickets in the hope of bettering their lot. used for beneficial as well as ruinous purpos-
is not correct. ground for rejection of this claim. The given it to its work force, in this case to the
'Hope springs eternal in the human breast'. es. It is not money but the love of money that
A life insurance policy can include rid- SLIC in its 41 years of existence has an policyholders. This is a plus point for the
Yet another factor is that the profit accrues is the root of all evil.
ers such as accident benefit, hospitalization impeachable record of paying claims. It 'Private Body' which the GMOA is trying
to the government and is used for worthy From all this it can be inferred that lotter-
(Arogya), critical illness etc. Critical ill- remains the same today. It pays Rs. to malign.
causes. This gave rise to the slogan. 'Win or ies conducted by the National Lotteries
ness includes, Myocardial infarction ('heart 12,000,000 a day in claims, a boast which I also learn from ICSL sources that for
lose — you gain' by the Lotteries Board. We Board are beneficial to the country and to the
attack'). Coronary Artery By-Pass Surgery, is publicly voiced after News everyday in the year ending 2002 the company will
have also to keep in mind that a large number individuals that sell or purchase tickets.
Cancer, Stroke, Renal failure, major organ the SLBC. continue to declare the same bonus rate as of people earn their living through the sale of Greed should never be a factor in acquir-
transplant - 20 major illnesses in all. Another claim that the 'private body before privatization, ie between Rs. 65 per sweep tickets. ing lawful wealth whether obtained through a
However this excludes 'interventionists refuses any payment incurred when in a 1000 (6.5%) on new policies and 150 per The purchase of lottery tickets also gives a lottery, inheritance or by any other means. It
cardiology', such as Angio plasty - inser- Govt. Hospital' is not correct. According to 1000 (15%) on older policies, a record that new added interest to life. It gives something should be viewed and utilized with knowl-
tion of a stent, balloon angio - Plasty, Hole the package sold to the GMOA, if a none can match. to be looked forward to. It animates the hum- edge based on wisdom.
in the heart etc. This branch of cardiology claimant goes to a government hospital, he The Agents and Organizers hang their drum life of individuals. Where there is life
is of recent origin in Sri Lanka, so is is entitled to Rs. 500 a day for 30 days. If heads in shame for the indiscretions of one there’s hope. And where there is hope there’s
Coronary Artery By-Pass Sur g e r y. it is a private hospital he can claim up to of their colleagues. I do not say that any
History? Why not?
(C.A.B.G.). The latter cover was given up Rs. 90,000. The other charge that “the organization can work to 100% satisfaction
to Rs. 1,000,000 on this and other riders. insurance body nominated one agent to of everybody. There will always be some
Since this facility, and others such as handling its entire membership is also not disgruntled individuals. No amount of mud
About 30 years ago the study of History, What is sad is that foreigners know more
kidney, heart and lung transplant were not correct. I have checked this up with the rel- slinging can tarnish the image of the leader
Geography and Civics as separate subjects about our history than we ourselves!
available in Sri Lanka, clients who had evant official, who denies giving such by such individuals or organizations.
was done away with, and instead what was Historians like Fr. S. G. Perera, S. F. de Silva,
these operations abroad had to have authority. The boot is on the other foot. The charge against the SLIC is mala
euphemistically called ‘Social Studies’ was G. C. Mendis, and Dr. Colvin R. de Silva, to
Central Bank permission to remit foreign The former Executive Committee has fide. The undue rushing to print by a dis-
introduced. The result? The students learned mention a few historians, did a world of good
exchange. The SLIC is negotiating with its placed its confidence on a particular agent gruntled former ex-co. member who was
neither History, Geography nor Civics. through their painstaking work. The
re-insurers, Swiss Rc and German Rc to and given him a carte blanche to handle its the claimant has dealt an embarrassing
A study of History is a sine qua non in Mahavamsa should find a place in every
include interventionist cardiology as an business. blow to over 10,000 agents and organizers.
order to understand how the present has school library.
additional rider. In any organization there are cheats and Amaradasa Fernando
developed from the past. A study of The lack of patriotism in our country can
Presently not only the SLIC, but all embezzlers. This is so even in the highest Senior Organiser
Geography is necessary to understand how
41 years in SLIC since inception
be attributed largely to the short sighted deci-
insurance companies have this exclusion bodies. Today even Cabinet Ministers are man has made use of the environment in sion to do away with History.
for interventionist cardiology. Thus the not free of such allegations. Therefore it is order to live.
charge of 'quibbling' or trying to 'wriggle' not surprising that an insurance agent has It is hoped that these subjects will be re-
out by the SLIC is unfounded. If an agent followed in the footsteps of Cabinet introduced into the curriculum next year.
has by subterfuge inveigled the former Ministers, MPs, Directors of Companies
GMOA into signing an MoU with the etc., when he knows he is in such good
SLIC, it is unfortunate. That agent should company!
be punished for bringing the SLIC to disre- Though the former GMOAleadership is
Both the Editor of The Island and Tissa Let us therefore find reasonable, logical
pute. I do not wish to throw the well known trying to malign the present management
Devendra have stressed the need of teaching explanation for the following matters before
aphorism at the GMOA, which says caveat 'after it became a private body', I would
More often than not, the Sri Lanka Police history in the schools. T. D. has lamented the we start teaching Sri Lankan history.
emptor, meaning, let the buyer beware, so like to come to its defence as it cannot
is at the receiving end of brickbats. One lack of teachers to undertake this task. I am in 1. Are Sinhalese as much Dravidians as
complete agreement in that there are no the Tamil themselves?
hardly reads a letter commending the over-
Quick Deposit Box
teachers available because there are no docu- 2. What is the logical, rational origin of
worked police for their good work.
ments available which are rational and logi- the term ‘Sinhala’?
I wish to record my appreciation for the
cal as far as the early history of Ceylon is 3. Were the Dravidian Buddhist monks the
The Quick Deposit Box for instant deposit cheques have to undergo a cumber- Emergency Unit of the Police Department
concerned. The Mahavansa though it is pioneers in introducing Buddhism to Sri
depositing of cheques at local banks, I pre- some procedure before inserting the cheque for the often speedy response to our calls, claimed as a historical documentary, it is said Lanka?
sume, was initially introduced by M/s and the paying in slip enclosed in an enve- especially when I see three wheelers suspi- that the Mahavansa was written mainly for 4. Is Ven Mahinda, who is supposed to
BAH, foreign consultants when a leading lope into the ‘quick deposit box’. The lay- ciously parked in unauthorized places for the establishment of Theravada Buddhism in have introduced Buddhism to Sri Lanka, a
state bank was reorganised and refurbished man who is normally a third party who is hours and the drivers staring into homes. Sri Lanka. Dravidian Buddhist monk and not a relative
under the new reorganisation concept of not conversant in banking procedures is Recently I had to report such incidents of King Asoka, and
formation of Front and Back offices. This baffled. Very often security personnel come and the Emergency Unit acted promptly. 5. The Sinhala language is a modern Indo-
to their rescue and assistance to complete The police personnel examined the three Arian language developed by Dravidian
was initially introduced approximately 15
wheelers very thoroughly and methodically Buddhist monks who were scholars in Pali,
years ago. this exercise.
and interrogated the drivers and asked them Sanskrit and Tamil for the purpose of estab-
This new concept probably was in oper- I am emphasizing this procedure prac-
to leave the area immediately. As we all lishing Theravada Buddhism in Sri Lanka.
ation in banks in developed countries prior tices for the benefit of both the manage-
know, three wheelers are used for nefarious Linda van Schagen in The Island of Sept. Sri Lankan
to its introduction to Sri Lankan banks. The ment of the bank and its clients. If a cheque
activities. In fact, the WPC manning the 3, 2003 , in the process of writing on noise
main idea in introducing the quick deposit is not properly drawn, for instance ‘cash - Colombo
emergency telephone even called back to pollution, strayed into areas wittingly or
box is for the client to have a cheque order’, ‘cash A/C Payee’, ‘cheque without unwittingly to hurt the susceptibilities of
check whether the patrol car had come to
deposited instantly without staying in a a signature’, absence of a full signature of Buddhists. She says, “The funeral began at 3
the scene. This is service!
queue. drawer for an alteration and for various p.m. with a loudspeaker to chant pirith. The
I must also thank the OIC of the
I patronize a private bank in Mt. Lavinia other reasons, cheques deposited will be dogs gave a loud chorus and the pirith and
Cinnamon Gardens Police Station as the
where this concept has been introduced automatically returned or ‘refused collec- orations wound up very quickly.”
patrol car came from the police station. I
only recently. When a cheque was taken to tion’. Another important factor is that This is the first time in my life I heard of Those days state run lotteries had a pub-
find a marked improvement in service since
be deposited a particular teller who obvi- cheques cannot be deposited to saving A/cs pirith being chanted during a funeral proces- licity slogan 'Win a tax free prize. Has it been
the last one year and thank the Cinnamon
ously a new recruit was in the habit of tak- unless they are drawn in favour of the Gardens Police Station. This also shows that sion. Her reference to the chorus of dogs changed by law or has someone in the gov-
ing it to a senior officer for verification. payee and in favour of the manager of the smacks of insensibility to the sentiments of ernment arbitrarily decided to tax the win-
one need not know anyone in the police per-
The particular cheque I took for depositing bank concerned. the people of the country. Funeral is a solemn nings?
sonally to get service.
was to a ‘Collection A/C’ to the credit of a In this context I suggest that these fac- occasion to the Buddhists and we have a tra- When all these monies collected through
The government should provide more
mobile phone company. Hence naturally I tors have to be brought to the notice of the dition of respecting the dead, even of enemies these lotteries are going to the state coffers
vehicles to the Emergency Unit as they are
had to draw the cheque favouring The layman by displaying a visible notice in as was demonstrated by King Dutugamunu why is it taxed again?
the first response team in an emergency. I more than 2000 years ago.
Manager of the particular private bank to front of the ‘quick deposit box’and also for hope the Minister of the Interior will assist Why do not Lotteries Boards give promi-
the credit of that mobile phone company. I the tellers to collect the cheque deposits Schagen also seems to be oblivious to the nent exposure to this fact on the lottery ticket
the Inspector General of Police and his way of life of the people of the country other-
felt sorry for this teller probably, as she had when they are not busy. or in their huge advertisements?
department to enhance their efficiency by wise would any sensible person advice people
not been given the proper training with As in everything else, here also the gov-
providing basic needs, such as vehicles. not to break coconuts before 7.30 a.m?
Sunil Thenabadu ernment is shamelessly cheating the people.
regard to collection of cheques. Quintus de Silva,
At present all clients who come to Mt. Lavinia Colombo 5.