CEISTEANNA—QUESTIONS. - DAIL LOAN OF 1919.

LIAM DE ROISTE

To ask the Minister for Finance if, and when, it is proposed to redeem the Dáil Loan of 1919, so that persons holding bonds of that loan may be enabled to convert them into cash.

This matter has been under consideration, and it is intended to carry out the terms of the undertaking as mentioned in the prospectus of the Loan. In this connection I would draw attention to the reply given by the late General Collins to a similar question asked by the late Mr. Boland, as follows:—"Mr. Boland asked, in the event of that body being set up, would they assume the obligations contracted in the name of the Republic, and the pledges given in the Republic's name, when they started to raise money. Mr. Collins: I will do my best to see—and if it is not done I will regard the Treaty as being broken—that every person who subscribed £1 to the Loan is repaid. Mr. Boland said he was happy to hear that."

LIAM DE ROISTE

When?

The reply to that question is that we will carry out the terms of the undertaking in the prospectus, six months after the last of the British forces have left Ireland.