asked the Minister for Industry and Commerce whether, in view of the world scarcity of raw materials, any arrangements have been made for the stockpiling and maintenance of reserves of essential raw materials which are at present imported and would likely be unobtainable or scarce in the event of a future emergency or further deterioration in the supply position.
Ceisteanna—Questions. Oral Answers. - Stockpiling Arrangements.
Major de Valera
The Government have been fully aware for some time of the dangers to the Irish economy inherent in the growing scarcity of certain essential raw materials.
In September, 1950, the Industrial Development Authority, at my request, took steps to encourage and facilitate the accumulation of reserve stocks. They advised manufacturers, in their own interests and in the national interest, to lay in stocks representing at least six months' supplies. Manufacturers in general signified their willingness to co-operate and they took such steps as were possible to lay in reserve stocks. To a substantial extent, the materials ordered at that time have come forward and have enabled manufacturers to withstand the impact of shortages which have since developed on an international plane. In the case of some of the materials which seem likely to be in chronically short supply (e.g., sulphur), substantial orders were placed and accepted, but delivery could not be effected because of the restrictions imposed by exporting countries.
The Government are taking all possible steps to secure international allocations of commodities in short supply, with a view to maintaining such stocks as will meet the needs of essential Irish industries.
I might add that I have accepted recommendations made by the Industrial Development Authority for a relaxation of quota and tariff restrictions on certain commodities in order to assist stockpiling of goods manufactured from scarce raw materials.