John Thomas Hackett
Progressive Conservative
Mr. HACKETT:
I know the answer is that there is a similar enactment in the Bank Act, but why there should be such stringency of administration in relation to a savings bank which does no commercial business at all, and which is almost a domestic concern, is a little baffling to one who has no more information than I have. I wish the minister or his parliamentary assistant would give some other reason than that a similar provision is in the Bank Act.
Subtopic: AMENDMENT AS TO LOANS WITHOUT COLLATERAL SECURITY, ETC.