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Noveaber IS, 1946 Donald Gordon Wartime Prices and trade Board Ottawa, Canada Appreciate your l e t t e r . For your information Board i s announcing in morning newspapers of tomorrow (Saturday, Hovesfcer 16} revision, ojf Regulation 1 relative to consumer credit* Revision narrows regulation to instalment credit, reducing listed articles from t h i r t y six to twelve categories of major durables, retaining one-third down payment on automobiles, refrigerators, washing machines, radios, et cetera, and twenty per cent on furniture but extending maturity to fifteen months across the board for purpose of simplification, Bevision dropB regulation of charge accounts and single-payment loans and exeispta articles under fifty dollars. A forwarding copy of release and revised m text of regulation. M. S. Bodes, Chairman* ET:ac