IRISH STATE FINANCES.
FACING BANKRUPTCY. NO HOPE OF UNION. (Press Association.) London, January 11. An alarming view of Irish finances was given by Mr John Dillon in a speech at Dublin. He said 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 £5,000,000 annually, yet apart from this debt Ireland was bankrupt. The greatest extravagance was the Free State standing army, the existence of which in a small country was nothing but crime and an vet of insanity.
A sum of £10,000,000 was spent on the army last year and £4,000,000 had been provided for in the Budget for this year, when the people were starving.
Mr Dillon said be did not believe any man was able to bring the Irish people within reasonable distance of union.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/KCC19250113.2.27
Bibliographic details
King Country Chronicle, Volume XX, Issue 2066, 13 January 1925, Page 5
Word Count
150IRISH STATE FINANCES. King Country Chronicle, Volume XX, Issue 2066, 13 January 1925, Page 5
Using This Item
Waitomo Investments is the copyright owner for the King Country Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Waitomo Investments. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in