IRISH FREE STATE
FINANCIAL ASPECT. (United Press Association —By Electric Telegraph—Copyright.) Received April 6, 12.35 p.m. LONDON, April 5. In the House of Commons, Major W. E. Elliott, in answer to a question, said that no direct payments had been made to the Exchequer by the Irish Free State Government, but under existing agreements the Exchequer met tho service of the greater portion of the Irish land and stock attributable to the Free State, involving a charge of £1,000,000 a year. No revenue was received direct from the Irish Free State apart from the agreed annuity of £250,000 in respect of compensation paid by Britain for pretruce damage to property. Irish pensions and other Irish services paid by Britain, reimbursed by the Free State, amounted to £1.500,000 in the last financial year. These figures did not include payment to the National Debt Commissioners in respect of the Irish land annuities. These wero in nowise Exchequer revenue and represented amounts duo from individual borrowers to meet service loans they had received.
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Bibliographic details
Manawatu Standard, Volume LII, Issue 107, 6 April 1932, Page 8
Word Count
170IRISH FREE STATE Manawatu Standard, Volume LII, Issue 107, 6 April 1932, Page 8
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