FINANCIAL ASPECT
BANK OF IRELAND
GOVERNOR'S STATEMENT
LONDON, 28th January. Sir Lingard Goulding, Governor of the Bank of Ireland, told tho proprietors that the Free State, Government's bills now totalled £3,000,000, compared with £600^000 in 1931. Government and other securities had increased by £8,500,000. Unemployment destitution was now formidable. He earnestly hoped that public and private efforts for alleviation .would be adequate. Referring to the demand that the link between the Free State pound and sterling should be severed, Sir Lingard Goulding said that it would be: difficult to contemplate a step fraught with greater possibilities of disaster for the people of the Free State. Mr, Denis Cogan, president of the Dublin Chamber of Commerce, told the "Daily Telegraph" that the Free State's trade with Britain decreased by £11,000,000 in the four months ended 30th November. The Free State was also committed to, an iexpensive policy of export bounties.
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Bibliographic details
Evening Post, Volume CXV, Issue 24, 30 January 1933, Page 9
Word Count
149FINANCIAL ASPECT Evening Post, Volume CXV, Issue 24, 30 January 1933, Page 9
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