IRISH CURRENCY
(Press Assn.-
SUGGESTED ABANDONMENT OF STERLING NOT FAVOURED ADVANTAGES WOUD BE LOST Rec. Sept. 28, 7.5 p.m.
— By Telegraph — Copyright) .
LONDON, Monday. The Dublin correspondent of the 'Times" says that the President of ;he Dail, Mr. W. T. Cosgrave, speakng at Limerick, made the first audioritative statement of the Free State's views regarding sterling as ;he currency. Advocates of complete independ:nce have been urging the Free State o break away from sterling and to :onvert £6,000,000 which the Curency Commission holds in London nto dollar securities. Mr. Cosgrave disposed of this sug;estipn by declaring that the separaion of the currency from sterling rould rob the Free State of her resent advantageous position in cometing with foreigners, especially in he British markets.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 31, 29 September 1931, Page 3
Word Count
123IRISH CURRENCY Rotorua Morning Post, Volume 1, Issue 31, 29 September 1931, Page 3
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