Before the supper recess tonight I had made some strictures on instalment buying. I think I should say that I realize there are some things that have to be charged, and that it is advantageous to the country to have the payments spread over a period of time. I am thinking particularly of the manner in which many householders in the city of Ottawa and elsewhere buy coal. It is advantageous to the country if they get their coal early in the autumn or even during the summer months, and spread payment over the winter months. I was glad to hear the minister say just before I rose that it would be done on a selective basis, and I should like to suggest that that particular feature be kept in mind. I do not think there is a coal merchant in this city charging the kind of interest rates to which I alluded before dinner tonight. I think that it is advantageous to the economy of the country, and the spreading of the mining period over a longer period of time, to have citizens enabled to buy their coal during the summer or early autumn and pay for it as they use it without a high rate of interest. I know that the coal merchants do not charge such high rates.
Consumer Credit Act