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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Oct. 4, 1977)
Page 4 THE BATTALION TUESDAY, OCTOBER 4, 1977 Deposit insurance questioned roy makers hustle United Press International AUSTIN — Proponents of deposit life insurance said Monday agents who want it banned are considering their own commissions and not con sumers. The Texas Association of Life Underwriters and Pennsylvania's former insurance commissioner, however, urged the State Insurance Board to ban sales of modified pre mium whole life policies as decep tive. The agent group said buyers are misled about the extra first year premium or “deposit” required on such policies and are not adequately warned the money will be forfeited if they fail to keep their insurance in force for 10 years. Tricky sales pitches, the agents said, induce many consumers to drop old policies at a loss. “The marketing of deposit term life insurance is the number one problem confronting the insurance buying public in the state of Texas, said Stephen A. Casey of Dallas, spokesman for the Dallas Associa tion of Life Underwriters. “The insurance buyer puts up a substantial deposit which he forfeits if he discontinues the plan for any reason prior to the 10th year, Casey said. T strongly urge the State Board oflnsuranee to take the necessary action to protect the in surance'buying public by outlawing this product." Hector De Leon, former State In surance Board general counsel, de fended the policies for insurance companies that emphasize the modified premium or "deposit ap proach . “We’re not talking here about the bad guys versus the good guys, De Leon said. “The underlying issue is competition. What you have here is an attempt to ask this board to eng age in an act that would limit com petition and restrain trade.' in the in surance industry. Herbert S. Denenberg of Wyli ne w'ood, Pa., said he banned such policies in Pennsylvania when he w’as the state s insurance commis sioner and thinks deposit plans should be outlawed everywhere. sity insurance professor and author of “Life Insurance: A Consumer s Handbook,” said the sales pitches used with such policies are decep tive. “In the sale of this type of policy, emphasis is placed on the fact that the policyholder will get back twice the amount of his deposit if he keeps up the policy for 10 full years, Belth said. “This return is described as a*7.2 per cent rate of return on the deposit. In my opinion, the use of this method of presentation eon- stitues a deceptive sales practice. Frank McCormick of San Rafael, Calif., vice president of Firemen’s Fund American, said his company developed its modified premium plan to provide higher value prod ucts to consumers and combat infla tion. “The policy by its structure. re quires an extraordinary penalty for buyers who discontinue their policies, Denenberg said. Joseph M. Belth, Indiana Univer- MeCormiek said his firm has had no substantive complaints about such policies except that “an agent may not make as much commission as with our traditional life insurance policies. "We cannot sit idly by and allow' an interest group to decide how and what consumers may buy, ’ McCormick said. Moebius-Makers Needed Moebius literary magazine needs people to help put it together. This includes a prose editor, a poetry editor and staff for: prose, poetry, arts, busi ness and layout. Interested? Go by Room 216 of the MSC and apply at the secretaries’ desk. We need you. — Sponsored by the Arts Committee EC® SEARCH 111 ^ CCILILIEeilAYlE TAIL IE NT THE TAMU TALENT SHOW DO YOU HAVE YOUR TICKETS YET? Wed. Oct. 5 8:00 Rudder Theater $1 Another MSC Sponsored Event Now Better Than Ever. You Will Be Pleased With These Carefully Prepared and Taste Tempting Foods. Each Daily Special Only $1.59 Plus Tax. “Open Daily’’ Dining: 11 A.M. to 1:30 P.M. — 4:00 P.M. to 7:00 P.M. MONDAY EVENING SPECIAL Salisbury Steak with Mushroom Gravy Whipped Potatoes Your Choice of One Vegetable Roll or Corn Bread and Butter Coffee or Tea TUESDAY EVENING SPECIAL Mexican Fiesta Dinner Two Cheese and Onion Enchiladas w/chili Mexican Rice Patio Style Pinto Beans Tostadas Coffee or Tea One Corn Bread and Butter WEDNESDAY EVENING SPECIAL Chicken Fried Beef Steak w/cream Gravy Whipped Potatoes and Choice of one other Vegetable Roll or Corn Bread and Butter Coffee or Tea THURSDAY EVENING SPECIAL Italian Candle Light Spaghetti Dinner SERVED WITH SPICED MEAT BALLS AND SAUCE Parmesan Cheese - Tossed Green Salad Choice of Salad Dressing - Hot Garlic Bread Tea or Coffee FRIDAY EVENING SPECIAL BREADED FISH FILET w/TARTAR SAUCE Cole Slaw Hush Puppies Choice of one vegetable Roll or Corn Bread & Butter Tea or Coffee SATURDAY NOON and EVENING SPECIAL “Yankee Pot Roast Texas Style” Tossed Salad Choice of one vegetable Roll or Corn Bread & Butter Tea or Coffee “Quality First” SUNDAY SPECIAL NOON and EVENING ROAST TURKEY DINNER Served with Cranberry Sauce Cornbread Dressing Roll or Corn Bread - Butter - Coffee or Tea Giblet Gravy And your choice of any One vegetable Futuristic craze United Press International DALLAS — The craze for the futuristic, caused by the popularity of the movie “Star Wars,” caught toy makers off guard and the strug gle to produce related toys by Christmas may separate the winners from the losers in a very competitive business. “Star Wars” came too late for toy makers’ normal Christmas prepa rations. But, a large part of the new toys displayed at the fall Toy Show at Market Center are taken from the “Star Wars” theme. Toy makers are having to hustle production to capitalize on the movie’s popularity. It is the spring toy show, held in March, that provides toys for Christmas. The fall show usually displays toys for the coming spring and summer. Yet in booth after booth, “Star Wars’-style toys were on display. Many were being promised for de livery for the Christmas market de spite what most manufacturers said was at least a six- to eight-month period between a toy’s conception and its appearance on retail shelves. The acceleration of manufacturing schedules, however, did not arise from a leap into the future but a re turn to the past. Many of the “new’ space toys were simply revamped toys from earlier seasons. Woman says son taught hy television^ Kenner, which won the use of the “Star Wars name, will have puz zles, board games and a space-age toothbrush ready for Christmas de livery. But their action figures will not make it in time. Maxtron representatives said they were “hopelessly” oversold on their sonieally controlled “Starship that changes direction at the clap of a hand. Eseo Imports of Texas offered a series of wind-up robots, complete with ray gun sparklers, and Craft Master had produced a eolor-your- own “Star Wars’ poster. Earlier “Star Trek -based toys were expected to cash in on the space craze, several representatives said, as was Mattel s new “Shogun Warrior,” a futuristic plastic figure that hurls space-age swords. United Press International MIAMI — Ronny Zamora s mother says television taught her son how to speak English. Ronny s lawyer says it taught him how to kill. Yolanda Zamora took the stand in her 15-year-old son’s murder trial Monday and said the boy spoke only Spanish when he came to America 10 years ago. “He learned English watching TV,” said Mrs. Zamora, who con tinues her testimony today, from the time he got up in the morning until the time we went to sleep. Zamora is charged with killing a neighbor, Elinor Haggart, 82, dur ing a robbery June 4. His attorney, Ellis Rubin, contends the youth was a victim of “TV intoxication” and could not distinguish between the fantasy of television violence and the reality of his actions at the time of the shooting. The trial itself is being televised DiRri ro CT0RYF semeste 'after no infers. Dire under a year-long experiment the Florida Supreme Court. Mrs. Zamora said, before startii school, her son stayed home watched television while she ai her husband worked. His favoril program when he was younger Superman. "He was just crazy about Supeil lieacademil man,” she said. "He draped a towi around his neck and asked my hi band to open the window so could jump out. I tried to tell him was not true.” He graduated to “Kojak,” whicl Mrs. Zamora said he never missi and liked it so much he wanted stepfather to shave his head I actor Telly Savalas. Rubin sail Savalas, subpoenaed by the fense, is scheduled to appear W nesday. Mrs. Zamora also said her would mimic the way actors hel their pistols. AGC.IKLU ■book fees iemester in ter no ref ■ders. Yearl academic Texas A&M University Airline still uses Love) hopes 6-year fight ovei Opera & Performing Arts Society Tickets Available MSC Box Office 845-2916 Zone 1 Regular A&M Student Zone 2 Regular A&M Student Regular A&M Student Zone 3 Tuesday, October 18, 1977 8:15 p.m. Rudder Auditorium :T-i .P M i t iH A R M O Kl l A HUNGARlQA^i^ Conducted by ZOLTAN ROSNAY: : : : : : : : : : Texas A&M University Town Hall presents SPECIAL ATTRACTION #2 jobber Book and Lyrics by ALFRED UHRV room SPARKLING! UNUSUAL! STYLISH! FAMILY FUN!” — Clive Barnes, NY. Times a foot-stompin’ musical! Music by ROBERT WALDMAN Based upon the Novella by EUDORAWELTY Directed by BARRY BOSTWICK Tuesday, October 25, 1977 8:15 p.m. Rudder Auditorium * Tickets A&M Student/ Date General Public Zone 1 Zone 2 Zone 3 4.75 3.50 2.25 6.00 4.75 3.50 All seats are reserved Tickets and information: MSC Box Office 845-2916 United Press International DALLAS — The president of Southwest Airlines said Monday the Supreme Court’s decision not to hear a dispute between his company and other commercial airlines should end the six-year controversy over the airline’s use of Dallas Love Field. "The U.S Supreme Court action in upholding the decision of the 5th Circuit Court of Appeals in the sec ond go-round of the Love Field ease should dispose of that issue for all time,” said M. Lamar Muse, who heads the intrastate airline. “The Civil Aeronautics Board (CAB) carriers brought out their biggest guns for this appeal to the U.S. Supreme Court and the court ruled against them only 15 days alter final briefs were filed with that court,” he said. "This action represents the first day in the history of Southwest Air lines that we have been completely out of the courthouse.” The dispute began with a 1964 CAB order requiring Dallas and Fort Worth to designate a single airport for CAB-approved service in the region. The cities agreed to build the new Dallas-Forth Worth Regional Air port midway between them and adopted an ordinance in 1968 providing for a phaseout of commer cial passenger air service at Love Field. In 1970, eight air lines certified hy the CAB signed letter agree ments with the regional airport board agreeing to move all their services to the new airport. However, in 1971 Southwest began intrastate flights from Love Field under a certificate issued by the Texas Aeronautics Commission authorizing it to provide commercial service from any airport in the area. The cities and the airport board went to court, but a U.S. District Court judge decided they could not lawfully exclude Southwest from using the airfield so long as it remained open. The 5th Circuit af firmed the decision. Dallas then passed a criminal or dinance levying a $200 fine for each takeoff or landing at Love Field an airplane of a certified airline. Bi Southwest obtained an injunction federal court. Ilmaturegir In this latest suit on the issne|il of anim CAB-certified airlines which sigm letter agreements to move Dallas-Fort Worth sought to bit Southwest’s Continued service Love Field, which is more com nient for Dallas passengers. The District Court grant Southwest a preliminary injunctii against relitigation of issues alreat decided in earlier actions, and tl 5th Circuit Court affirmed that ■time po lation Sei 409 V Affi Equal Of Southwest charged that the lanlaranteed s suit by the other carriers amountdp-1791 or 8 to "harassment. It said administi tive and court decisions so farhav cost it more than $2.5 million i«| legal fees. Deadline neai for Rhodes applicants Ke Ste \cceptir Stai $2 Appl 1803 H ousew ents ni Texas A6cM University; senior and near-seniors have little more than a week to apply as a Rhodes |g|p Scholar, said Dr. Paul Van Riper Rhodes campus representative ano member of the political science fac ulty. Deadline for students to submit their names is next Wednesday The process is carried out by con tacting Van Riper in room 120 o Bolton Hall between 10 a.m. and p.m. or by making an appointment ryan through the political science de partment. Candidates must he unmarried American citizens aged 18-24. ^ grade point ratio of 3.7 or better and ■ord of outside achievement art iqbsonsh desirable, Van Riper said. The two-year scholarships to Ox ford University cover tuition, some travel aid and a living allowance equal to approximately $3,500 an nuall 101 Texas Equal 0pp< M NPerience Worldwide tr lend $3.00 ¥K-9,Bo Won 9836: ALL ABOARD! 'Went wa >9 landscc "entcompl «dependc PPointmer The Caribbean Cruise For Christmas with MSC Travel Committee $4Qc°o Per person Jan. 8-15 ■ $ 599 ^tractors Muate s! tong back eering, p, tysics or ( ri 'ewell. fv or has ,s -/wk. c< ibrary, 845 (4 to a room) per person (2 to a room) Price Includes Everything: 'Round trip air fare to & from Miami Round trip transfers to tss. Mardi Gras & baggage handling ^Spacious air-conditioned state room for 7 days *AII meals, afternoon snacks & tea •Sumptous Midnight Buffets nightly Welcome aboard rum swizzle party •Singles Cocktail Party *AII Gratuities aboard ship (quad only) Star-studded shows & full casino nightly 'Duty free shopping on board RESj 3.00 hr. ;() nvenie ''S whe 'to us. c ^tween inti SPEC INTERESTED? WE’RE HAVING A SPEL “NO OBLIGATIONS” BRIEFING WED. OC at 7:30 in Rooms N & O of the Student grams Office (MSC). Refreshments, slides ABOUT 5^ UiSe ' S ° COME & f IND OUT AUl F c Farm ^S. c SAI "He 24