Warning the British public against producing "on tick" (credit), selling "on tick" and buying "on tick," the Parliamentary Secretary of the Overseas Trade Department, one Arthur M. Samuel, "ticked off" (reprimanded) a London Chamber of Commerce meeting for countenancing within the United Kingdom "the habit of installment buying," which he called "a trade built upon sand."
According to Mr. Samuel, it was all right for U. S. people, with "wealth to burn," to indulge in the "habit," but he "earnestly" hoped that "the honorable gentlemen whom I am now addressing" would see to it...
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