asked the President to state the nature of the differences on major matters of policy which caused Dr. T.A. McLaughlin, Managing. Director of the Electricity Supply Board, to tender his resignation and obliged the Government to accept it.
Ceisteanna—Questions. Oral Answers. - Electricity Supply Board.
The differences which led to the tendering and acceptance of the resignation in question involved the observance of the financial limitations imposed on the Board by the Oireachtas under the Electricity Supply Acts, and of an undertaking by the Board as to the manner in which those limitations would be applied. In 1929 certain discussions took place between the Government and the Electricity Supply Board as to the items to be included in the capital sum of £2,500,000 provided for the Board under the Electricity Supply Act, 1927, and an agreement was reached as to the interpretation to be placed upon Section 12 (3) of that Act. The Government became aware that adequate steps were not taken in time to secure the proper observance of this agreement.
The Minister for Industry and Commerce will shortly lay before the House certain proposals regarding the Shannon Scheme, and will take that opportunity of making a full statement on the subject.