IRISH FINANCE
AN ALARMING VIEW
BIG EXPENDITURE ON ARMY. “LIVING IN FOOL’S PARADISE.” BY CABLE— PRESS ASSOCIATION—COPYRIGHT, Received Jan. 12, 12.35 p.m. LONDON, Jan. 11. An alarming view of Irish finances was given by Mr John Dillon in a speech at Dublin. He said that he had been warning business men and bankers for the past two years that they were Living in a fool’s paradise. He estimated that Ireland’s debt to England under the Treaty was five million pounds annually, yet apart from this debt Ireland was bankrupt. 'lho
greatest extravagance was the Free State standing army, the existence, of which in a sited I country was nothing but a crime ami an act of insanity. Ten millions had been spent <m the army in the last year, and four millions bad been provided in the Budget for this year, when people were starving. Mr Dillon said he did not believe any man was able to bring the Irish people within a reasonable distance of union. ‘
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Bibliographic details
Hawera Star, Volume XLVIII, 12 January 1925, Page 7
Word Count
167IRISH FINANCE Hawera Star, Volume XLVIII, 12 January 1925, Page 7
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