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Dáil Éireann debate -
Wednesday, 24 Mar 1943

Vol. 89 No. 11

Ceisteanna—Questions. Oral Answers. - Reorganisation of Great Southern Railways.

asked the Minister for Industry and Commerce (a) whether he is aware that Mr. A.P. Reynolds, Chairman of the Great Southern Railways, stated at the annual meeting of shareholders on March 3rd, that he proposed embarking upon a reorganisation of the company, including a reorganisation of its capital; (b) if he will say whether he has been consulted by Mr. Reynolds as to the nature of the reorganisation contemplated; if so, (c) whether he can state if the proposed reorganisation is along the lines recommended in either the Majority or the Minority Report of the Transport Tribunal, and, if so, which, (d) whether he will take steps to ensure that the proposed reorganisation, as a matter of public interest and of vital concern in the community, will be undertaken only by the authority of the Oireachtas.

The answer to the first part of the Deputy's question is in the affirmative. As regards the other parts I have discussed from time to time with the chairman of the company its position generally and from the discussions, certain proposals have emerged as a basis for consideration. Considerable examination and development will be necessary before a practicable scheme will be available. The recommendations of the Transport Tribunal will be borne in mind in such examination and any reorganisation to be effected will be the subject of legislation.

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