Raat Net ‘| after all — but then it’s an issue on which Mr. 6 - Sunday, September 8, 1985 - North Shore News Editorial Page. Too generous n real life, insurance coverage can’t be | changed without a new contract. If your under-insured house burns - down, you can’t claim an extra $30,000 by arguing that its value rose after you took out . the policy. And if your $7,000 car is totalled, ICBC certainly won’t pay you $9,000 because : it thinks you’ll need the extra to buy a new one. Yet. that is. precisely what the federal government is proposing in the case of the Canadian Commercial Bank, which collapsed a week ago, and the troubled Northland Bank. As with other Canadian banks, trust companies and credit unions, CCB and Northland depositors zre automatically covered -” by the Canada Deposit Insurance Corp. up to ’ the standard maximum of $60,000. But now, .. Ottawa says it will also make good deposits in excess of that figure. It’s a bad decision on three counts. Firstly, it encourages depositors to throw caution to the winds in seeking top interest ’ yates, regardless of risk. So far, the $60,000 limit to CDIC cover has ’ been a warning to depositors not to exceed that - sum without taking responsibility themseives - .for the safety of their investment. The new precedent means that henceforth, however, greedy or careless they may be, they can’t lose. '. Secondly, no similar concern is being shown ’ for the borrowers who took out their loans in , good faith. With their lines of credit abruptly '. cut, ‘many such businesses could be in dire : straits. ‘; “Last but not least, the half billion cost of M cleaning up the CCB and Northland Bank mess “falls on taxpayers. Why should they also pay for open-ended generosity to heedJess . depositors? Nothing lost! ood to learn that Expo boss Jimmy Pattison has had a change of heart -about “‘brown-buggers” and that we'll - be allowed to take our own lunches to the fair “od ;- Pattison himself can hardly lose. If brown- Daggers ‘spell’ less ‘.business for his Expo . concession stands, they'll spell MORE business , for the wiener and roll departments of Jimmy's “ Overwaitea and. Save-On-Food | chains! .. Display Advertising . 980-0511 Classified Advertising 986-6222 Newsroom 985-2131 Circutation _ 986-1337 : Subscriptions 986-1337 : 4139 Lénedalé Ave., North Vancouver, B.C. V7M 2H4 * Publisher Peter Speck " General Manager Roger McAtee Operations Manager Berni Hilliard Marketing Director Advertising Director - Sales Bob Graham : Linda Stewart Circulation Director Advertising Director - Admin. Bill McGown "Mike Goodsell Production Director Editor-in-Chief Chris Johnson . Noel Wright Photography Manager . Classitied Manager Terry Peters . Val Stephenson North Shore News, founded in 1969 as an independent suburban “ Mewspaper and quatitied under Schedule Mil, Part |W, Paragraph ill of the Excise Tax Act, is published each Wednesday, Friday and Sunday by -¢. North Shore Free Press Ltd, and distributed to every door on the North Shore. Second Class Mai! Registration Number 3885. Entire contents © 1985 North Shore Free Press Ltd. All rights raservad. H Subscriptions, North and West Vancouver, $25. per year. Mailing rates available on request. No responsibility accepted for unsolicited maternal including manuscripts and pictures which should be accompanied by a stamped, addressed envelope. Member of the B.C. Press Council 56,245 (average, Wednesday Friday & Sunday} SN" ‘THIS PAPER IS RECYCLABLE SDA DIVISION photo submitted PUTTING NORTH VAN on the world's equestrian map ... Fiona Brown and teammates take life at a gailop. HORSE RIDERS, for some reason, don’t get much of a press. Which is rather odd. For skills, thrills and occa- sional dramatic spills, the equestrian sport is right up there with downhill skiing, hockey and Grand Prix car racing. But whereas partici- pants in the latter can rest up between events and training sessions, top-flight riders like North Van’s Fiona. Brown, Leslie Laing, Kate Plant and Liz Hopps have a pile of work to do every single day for their steeds as well — including feeding, grooming, exercising and mucking out the stables. The rider-horse relationship is an intensely personal one that continues 365 days a year. Members of the Vancouver Pony Club — part of an inter- national organization ‘that counts Princess Anne and her husband Capt. Mark Phillips among its members — the four girls, all under 21, have been doing North Van proud © this summer on the Canadian and world riding circuit. In Jate June, Fiona and Kate competed in the Kelowna Rally, after which Fiona cap- tained a team, including Kate and Liz, in the New York Pony Club Rally. Meanwhile, Leslie was training in Toron- to with the Canadian team, with which she rode at the August Inter-Pacific Rally in Goodwood, England. Kate went on to the Cana- dian Pony Club Champion- ships in Manitoba, whi! Fiona flew to Ireland to join Leslie and the Canadian team TO RUSSIA WITH LOVE ... «Sharp right turn competing there, after Good- wood, in the Student Nations Cup. Allin all, quite a season — puting North Van, in- cidentally, on the equestrian map of four countries and two continents. Demanding and expensive, horses seem to be good for the character, too. In addition to the never-ending: work the girls, for the most -part, pay their own way. UBC students Fiona and Leslie have to com- bine their courses with jobs in order to feed and stable their mounts. _ Dedication, I guess, is the word. And the special kind of dedication horses impose is pretty good training for taking many of life’s other challenges at a gallop. kkk WITNESS NEEDED: Cycl- ing eastward last Monday afternoon down West Van’s narrow, winding Marine Drive hill leading to Fisherman’s Cove, 25-year-old Scott Ree crashed into a sinall red Chevette ahead of him which unexpectedly (for Scott) did a into ‘the marina. He’s presently in LGH with nasty facial injuries and several lost teeth. It happened about 2:25 p.m. Another car, whose driver must have witnesed the whole incident, was im- mediately behind. He’d be grateful if that driver would be prepared to say exactly what he or she saw — and call 986-6010 (workdays) or 921-9939 (evenings). photo submitted North Van Rotarians Jim Finlay (1) and Ken O’Kennedy (5) with British Airways western Canada manager Alan Duff and North Van school painting. ICBC likes to get the facts siraight — and the driver of that following car might one day need a witness, too. kw * RUSSIA WITH LOVE was the address on 200 paintings by North Van schooi children recently flown to Moscow by British Airways, which brought back an equal number of paintings by Russian kids, The exchange was the brain- child of North Van Retary Club and the Russian schoo! artwork will be on display at Park Royal the week of:Sept. 16, with the Soviet am- bassador to Canada, no less, presenting prizes for the best paintings on Saturday, Sept. 21. Further details from Rotarian Ken O’Kennedy (273-5171) * kak HITHER ‘AND. YON: Golden wishes to Hielena and Chris (Charles) Christie who celebrated their 50th yester- GOLF AT DAWN ... day. Both natives of London, England, they came to Canada and West Van in 1968 and fitness is their middle name. Former soccer player Chris met Helena on a running track. Most summer mornings ’ they’ve been on Gleneagles Golf Course by 6:30 a.m. They’re active West Van lawn bowlers and former members of the Capilano Tennis Club. Helena, a certified grapho- analyst, also taught until last year in North Shore Night School . . . Horse lovers (here we go again!) should mark Sunday, Sept. 22, in red. That, reports Judy Elwood of the North Shore’ Horseman’s Association (988-8393), is the date of their big horse show at Korral Riding Academy, 1301 Lillooet, Road, North Van, with the fun beginning at 9 a.m. ... None too early to Start preparing for next January’s Burns Night parties and Bob Forbes of West Van (921-7804) can help. His Gleneagles Scottish Country Dance Club launches its week- ly classes (season fee $38) this Tuesday, Sept. 10, at 8 p.m. in Hollyburn School, 1329 Duchess, West Van... Pay- © ing their own way, ait cadets of 103 Thunderbird Squadron © deserve a little extra for. ex- cellence, thinks admin. officer. Lieut. D. Parr-Pearson (987-8818). He'd be grateful to any local merchants willing to donate the odd hamburger, pop, record or the like to reward the shinest shoes, best pressed uniforms and best per- formances . ... Quote of the week for Grandparents Day from former Canadian Oxy exec Ernie Sarsfield when ask- ed how he was enjoying retire- ment. ‘‘i’m-so busy,’’ replied Ernie, ‘‘I-don’t know how [ ever found time for work.” ' x kk ‘WRIGHT OR WRONG: Some folk build highly suc- cessful careers simply by leav- ing four or five things a day unsaid. and a Golden Saturday takes West Van's Helena and Chris Christie back to 1935.