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IRISH FREE STATE

Budget Introduced SURPLUS OF £16,000 FORESHADOWED Press Association.— Copyright. Dublin, May 10. Mr. Sean McEntee, Minister of Finance, introducing th- Budget to-night foreshadowed a surplus of £16,000. He claimed Ireland was unique among the nations in extinguishing its floating debt and reducing unemployment. The reduction of external trade owing to the British duties had been more than cffset by the extraordinary expansion of domestic commerce, Mr. McEntee said. The Free State had rid itself of a burden of £92,000,000 unjustifiably imposed by a secret agreement with Britain in 1923. There had been no drying up of revenue, which exceeded the estimates in almost very significant item. Numerous tariff increases proposed include two-fifths of a penny duty on imported daily newspapers. The ex-President, Mr. W. T. Cosgrave, said trade had contracte i °5 per cent. and the economic war wmid >pparently continue for all time. *

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19330512.2.60

Bibliographic details

Stratford Evening Post, Volume II, Issue 241, 12 May 1933, Page 5

Word Count
147

IRISH FREE STATE Stratford Evening Post, Volume II, Issue 241, 12 May 1933, Page 5

IRISH FREE STATE Stratford Evening Post, Volume II, Issue 241, 12 May 1933, Page 5

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