THE REPUBLICAN LOAN.
LITIGATION IN AMERICA. FREE STATE Australian aucf*N.Z. Cable Association. (Reed. 8.5 p.m.) NEW YORK. Aug. 21. Mr. Timothy Smiddy, representing Mr. Michael Collins, obtained a Supreme Court injunction restraining the De Valera faction from obtaining 2,300,000 dollars, represent^,-moneys obtained from Irish sympathisera in the United States on bonds issued in the name of an Irish republic. Mr. Smiddy contended that the Irish Free State is a Ireland, for which Irishmen have been fighting, and is entitled to the' funds, although they were raised in bonds issued in the name of an Irish republic. He asserted that if De Valera obtained the funds he would prosecute further rebellion against the present Irish Government, and as a result needless bloodshed would continue.,- The majority of the people of Ireland, said Mr." Smiddy, favoured the treaty with. Britain.
Legal possession of the funds is invested in three trustees, De Valera, Fogarty, and O'Mara, Lord Mayor of Limerick. Fogarty alone is an adherent of the Irish Free State. A settlement of the dispute will be fought out in the local Courts.
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18176, 23 August 1922, Page 9
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180THE REPUBLICAN LOAN. New Zealand Herald, Volume LIX, Issue 18176, 23 August 1922, Page 9
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