No doubt the first reading was carried, Mr. Speaker, but the principle is the same. Now, may I say that in my opinion we have too many of these loan companies who have gone about the country fleecing people who know nothing about finance. We have had such companies in Winnipeg. There was one music company that fleeced everyone it came in contact with; it had no other object than that. If you vote for the second reading of this bill you vote for the principle of it, as far as I understand the rules. If you refer the bill to a committee you are virtually saying, by a majority vote of this house, that you approve of the principle laid down in the bill, and I am opposed to it.
Topic: SMALL LOAN COMPANY OF CANADA