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Dáil Éireann debate -
Thursday, 26 Mar 1953

Vol. 137 No. 8

Ceisteanna—Questions. Oral Answers. - State Liabilities to Banks.

asked the Minister for Finance if he will state the amount due by (a) the Government, and (b) Government boards and companies (segregating the figures for each) to thebanks on the 31st December, 1949, 1950, 1951 and 1952 respectively.

(a) Excluding the debt represented by bank holdings of Government stock, the amount due by the Government to the banks on the dates mentioned was as follows:

31st December, 1949

nil

31st December, 1950

nil

31st December, 1951

nil

31st December, 1952

£1,000,000

(b) I have no information as to the amounts due to the banks by any Government boards and companies other than bodies whose borrowings are guaranteed by the State pursuant to statutory authority. The desired information in relation to these bodies is given in a tabular statement which, with the permission of the Ceann Comhairle, will be included in the Official Report.

Following is the statement:—

Amount due on

31/12/49

31/12/50

31/12/51

31/12/52

£

£

£

£

Butter Marketing Committee

1,815,731

1,031,457

924,664

1,030,224

Fuel Importers (Éire), Limited

4,389,014

4,086,879

1,899,792

2,598,291

Grain Importers (Éire), Limited

2,584,229

2,646,972

3,529,117

3,929,702

Irish Steel Holdings, Limited

224,132

233,678

199,665

232,549

Oils and Fats (Éire), Limited

6,460

Nil

Nil

Nil

Pigs and Bacon Commission

Nil

Nil

1,206

Nil

Tea Importers, Limited

2,795,460

3,508,248

5,406,344

3,849,201

Will the Minister give us the figure in respect of last year?

To the 31st December, 1952, it is £1,000,000.

On State guarantees? Surely not?

The amount due by the Government to the banks.

I am seeking the figure for last year which will be included in the statement to be circulated.

It is a long statement.

It is not totted?

I will have to do the addition myself.

I know the Deputy is quite competent to do that.

We hope so, anyway.

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