AN IRISH REPUBLIC.

Thames Star, Volume XI, Issue 3709, 13 November 1880, Page 1

AN IRISH REPUBLIC.

It is not generally known 'says the Budget) that a Republic of Ireland exist! on paper, and that it enjoys the privilege of a national debt. A movement is on foot in the United States towards giving greater stability to the Republic, and adding largely to its indebtedness. Patriotic Irish servant girls are principal investors in the bonds, which the founders of that State issue for the purpose of what they call •• skirmishing funds." One of these bonds is now before v*. It has a close resemblance to s United States greenback note for ten dollars. The chief difference is that, instead of the portraits of (wo distinguiNhed American statesmen being represented on the face of it. the portrait! are of Wolfe Tone, and Davis. A small cross on the top gives a religious sanction to the document. The inscription rans as follows:—" The national bond of the Republic of Ireland is indebted to——in the sum of ten dollars, redeemable with interest at the rate of 6 per cent, per annum six months

from the acknowledgement of the independence of the Irish nation, or at option of the ftepuM o convertible into 6 per cent interest-bearing Government bonds, ?ayable in six years from that date." 'his undertaking is signed by Michael Scnnlan as " Agent of the Eepublio," and CB. Sullivan,as "Registrar." An eagle grasping a sword, and triumphing apparently over a defeated foe, figures in the middle. A good many bonds must be in circulation, seeing that the registered number of this one ia 11,029.