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Dáil Éireann debate -
Thursday, 2 Mar 1978

Vol. 304 No. 5

Financial Statement, 1978: Motion (Resumed).

Debate resumed on the following motion:
That Dáil Éireann takes note of the Financial Statement made by the Minister for Finance on 1 February 1978.
—(The Taoiseach).

As I was saying before Question Time, this budget more than anything else has placed the emphasis on the need for employment, the need to take people off the unemployment register, to take them out of the social welfare arena, to give then new dignity in their lives and new confidence in a resurgent Ireland. We are emerging after four years of Coalition Government, four years of depression and despondency, not all, I might add, due entirely to the Coalition. There were certain outside factors that contributed to some of the depressing things that happened. Nonetheless, the complete incompetence of that administration brought about the situation where people had not got sufficient confidence in themselves, in their nation, economically, socially or culturally.

The previous speaker spoke about the attack on the freedom of the Press by the former Minister for Posts and Telegraphs and, in particular, on The Irish Press. As a former journalist, I recognised what was happening. It was a very dangerous situation. The freedom to publish letters and views from people was being impugned and the right of newspaper editors to decide what they would publish was being called into question. For the first time, I believe, in the history of this State, the freedom of expression was under direct attack from Government. Thankfully, that does not arise anymore, in the sense that with the appointment of a new Director-General in RTE we have the absolute minimum of interference in such an appointment for the first time ever and it is a very important point. For the first time ever, there has been no political consideration in such a very important appointment. I welcome that appointment and I want to have it on record here that I welcome that appointment and I welcome the Government's approach to this kind of appointment.

I mentioned earlier that I would come back to the Guaranteed Irish campaign and I intend to refer to it briefly once again. Our shops are full of imported goods, Italian silks, Italian shoes. Yet we have adequate industrial facilities to produce the cloth required for suits and to produce shoes that are adequate, comfortable and well-designed. We should not underestimate the quality of Irish goods and the quality of the Irish workers who produce them. Even if an Irish-made product costs 10p, 15p, 20p or 30p more than an imported product, is it not well worth while to buy the Irish product in the sense that this will provide work for people in the industries concerned? It is OK to be a trendy dresser, to wear a silk tie, a silk suit and Italian shoes but the purchasing of these goods means, in effect, keeping yet another Irish worker on the dole queue.

The social welfare increases of 10 per cent would appear at first sight to be inadequate. We all agree that, if we could give more, we would give more. Unfortunately, we are not as yet getting oil from the Irish Sea. In due course, maybe, it will come. Certainly, if inflation continues to make the dramatic decline that now appears to be on the horizon, the 10 per cent has more significance and more meaning for the old age pensioner and social welfare recipient.

There is one very important factor in maintaining the real value of that 10 per cent, and that is the national wage agreement. As a life-long trade unionist and as a member of the Irish Transport and General Workers' Union for the past 15 years and a former shop steward, I would appeal to the members of that union to support the national wage agreement, to vote for it, to cast their vote for it in the same way as most of them cast their vote for the Fianna Fáil Party that is now the Government. It will be the less well-off sector that will suffer unless this national wage agreement is put through. A free-for-all will leave the weaker section of the community in a position where they cannot negotiate, where they cannot get their 8 per cent or 10 per cent. There will be no benefit to them. Indeed, I believe there will be no benefit to the vast majority of people. Jobs will be lost, fewer jobs will be created, unless the national wage agreement is put through.

I have absolute faith in my colleagues in the transport union that they will vote for. But, there is one thing about voting for and I would like to put this to the transport union. I should like to see an independent assessor at the counting of the votes on the national wage agreement. There is no means of telling—and this is not to cast any doubts on my colleagues in the administration of the transport union—whether or not the votes have been legitimately counted for or against. I appeal to the transport union to accede to my request that an independent accountant be permitted to count the votes cast for or against the national wage agreement. None of my colleagues in the transport union has any doubt of my sincerity when it comes to my conviction about the trade union movement. It has been under severe attack over the years; it has had some major internal difficulties which it has resolved with some satisfaction all round, but it is in their own best interest and in the interest of the nation to give the grand plan put forward by the Minister for Finance an opportunity of making a meaningful impact in the coming year. I think they will reap the benefit.

This budget is significant in that for the first time ever it provides relief for the top income group, the people in the £3,000 to £7,000 or £8,000 income bracket. With the elimination of rates on dwellings, tax cuts, no tax on smaller cars and increased tax allowances, it is the first time in almost 20 years that the top income wage earner has had an opportunity of at least improving his standard of living. This is to be welcomed in that they themselves are very happy about it. This morning I called six telephone numbers in the Dublin 14 district at random. I asked how they felt things were going in the country generally and for themselves. Not one expressed any dissatisfaction about the manner in which Fianna Fáil have delivered on their manifesto undertakings.

Which directory did the Deputy pick from?

The telephone directory, Dublin 14 district.

I thought it was his own.

No. I am sure I got in touch with a few of the Deputy's friends. Private enterprise has been given an opportunity to prove its worth to the nation, an opportunity of making greater profits some of which, hopefully, will be ploughed back into jobs. The building industry has been allowed to run down in the past four years; jobs have been lost by the score. The redundant workers have to be paid on the dole which is costing the Exchequer money. Now that industry has been given the opportunity to expand and develop and thousands of jobs have already been created. There is a new air of confidence about and that is a good thing. The Minister for Finance, who has been much maligned in the past week, has made an enormous contribution to reinvigorating the spirit of the country and developing confidence again among the people.

I come from an urban constituency and I frequently hear people complain about farmers' wealth and taxation. I am not inclined to go along with that. I am not a townee farmer-basher; the country owes a great deal to the sacrifices made in years gone by, by the farming community, and the emergence of some prosperous members in this community can only be welcomed by any fair-minded citizen. The farmer is getting very good prices for his produce and he has brought renewed prosperity and new vigour to the rural community. The misunderstanding between the urban dweller and the rural dweller arises, in my view, from the export of cattle and other animals on the hoof, while leather and other by-products could provide thousands of jobs if only those in private enterprise and the meat factories got down seriously to developing that aspect of the industry. Cattle and sheep and whatever else goes out on the hoof could provide limitless wealth and I hope that sooner or later this Government will intervene in some way to bring about the development of the animal by-products processing industry. It is no less a crime to export live cattle whose by-products could provide jobs at home than it is to send out raw material such as ore from the Tara mines and so on.

I hope that shortly we shall have a smelter in this country. I believe the Minister for Industry, Commerce and Energy is busily engaged in negotiations on this matter. One job in Tara Mines can provide 10, 15 or even 20 jobs in downstream industries. It is a shame that instead of the Irish people having these jobs the ore is being used to provide jobs in Germany, one of the most prosperous nations in the world. I would have no scruples about where this smelter came because I think jobs are terribly important. A man without a job, as we know in the past four years when we saw so many in the dole queue, is a man who could well be so demoralised as never to be able to work again. The longer he is without a job the less likely he is to become again a useful member of the community. This Government have the mandate and the will in due course to provide the necessary support and leadership for people in the private meat industry and in the mining industry that will give them the impetus to supply the kind of jobs I am talking about.

Recently we heard a lot about working wives and taxation. In the budget the Minister announced that the single person's tax allowance would increase by £200, from £665 to £865 and the married allowance would be increased by £630 from £1,100 to £1,730, and the existing allowance of £230 for working wives was maintained. In line with the increase in the single allowance, the personal allowance for widows and widowers will be increased from £735 to £935. I am not trying to defend the Minister's remarks because he has a legitimate right to address himself to the question of working wives and taxation. Working wives are not slow about addressing themselves to the Minister about the things he might do or say and they have not been slow in castigating him, unjustly in my view, because implicit in the allowances and the increases in the tax allowances for married couples, is a recognition of the rights of the working wife.

If people come into the public arena on a campaign, such as that for working wives' taxation, they must take the rough and trumble of public debate. Unfortunately the press were inclined to take the Minister's statement out of context and tried to make it stick. That was unfair and unreasonable but they are entitled to do that and we in our turn are entitled to try to explain what was meant.

I do not believe there is anybody on either side of this House who would not, if he could, change the whole system of married person's taxation. I was at a recent meeting in my constituency—300 or 400 people attended —and they were talking about the southern cross route which would cost in the region of £465 million. That motorway scheme would be wonderful and everybody would love it because it would be good for the country but it would not be realistic because we do not have that kind of money.

But Fianna Fáil promised it.

We did not. We said we supported the concept of the southern cross route but we promised nothing.

What does that mean?

I do not have the letter with me but I will be glad to show it to the Deputy anytime.

I have a copy of it.

Deputy Andrews is well able to make his own speech and should be let do it.

It is not true that we promised to build the southern cross route.

We are not going to debate the southern cross route wherever it is.

That is not what the Minister said in the Dáil.

Deputy Andrews on the budget.

The cost of the southern cross route and the Dublin motorway scheme would be in the region of £465 million. Let us cut out the political clap trap. That kind of money is not available. We must and we will do it bit by bit as money becomes available. The same applies to working wives' taxation. In due course, in the same way as equal pay came about, working wives' taxation will no longer be an issue.

The kind of campaign launched by the verbose and lovely women campaigners on this issue is unbecoming. The other day I was talking to a builder who said that whenever he had to deal with a complaint about a fault in a house he always liked to deal with the man because the woman latches on to him and will not let him go——

They are more honest.

I agree. I have nothing against them. I am very pro-women.

The Deputy could have fooled me.

It might be no harm if we got away from the women for a little while.

I want to clarify my view. All these things would happen anyway and it is a pity that the debate in this House is based on small point-scoring. This is very unfortunate.

The people are fully satisfied with what the Government provided in this budget—renewed vigour for industry, jobs in the public sector; they removed capital gains tax which caused so much wealth which could very usefully be invested here to leave the country; they provided money for the building and construction industry, youth, social welfare increases and for the guaranteed Irish campaign. It was up to the people to accept the challenge. It has been said that this is a gambler's budget. Perhaps it is but what budget is not? Every thing you do each day is a gamble and with every expenditure you make you take a chance.

The people voted for the Fianna Fáil Administration which brought forward a programme, a policy and the necessary moneys to develop the economy in the right direction. In my view Fianna Fáil in Government have done the right thing. They have accepted the reins of leadership and will lead this country forward. They are going to develop this country into a significant industrial nation alongside the farming community and they will do this very well.

Deputy Flynn spoke of the court in Mayo. It was held in every constituency in Ireland and there was not a constituency in which the jury came back with a not-guilty verdict on the Coalition. It therefore ill becomes them to accuse us now of being irresponsible.

A most important relief for the top income group was the elimination of rates on private dwellings. This has put money into the pockets of people who had been paying out without any hope of relief. I do not believe the Minister for Finance could have done any better and I congratulate him for his courage and foresight. I have every confidence that the budget will be a success. It has given renewed hope to the people.

I hope those engaged in the private enterprise sector will deliver the jobs that have been provided for in the budget. I cannot stress strongly or often enough how important this is. Those in private enterprise have been complaining about the restrictions they operated under in the past four years. Those restrictions have been lifted and if the jobs are not delivered by private enterprise they cannot complain any longer. It will be on their heads because they have been given the opportunity, they have been given the support of the Government and of the nation. No government in Europe has given private enterprise greater incentives and encouragement.

I hope the trade unions will see the light and come in behind the budget as the people have done. I welcome the statement by the Fine Gael leader calling on the IT and GWU and the other unions to support the pay agreement. It was a responsible statement and I hope we will have more such displays of statesmanlike behaviour in the House. A great deal of irresponsibility has been displayed during the debate but the Fine Gael leader cannot be accused on that score, this time anyway.

Budget always capture the imagination of our people and the subsequent benefits live with us for a long time, but if warts appear on the surface they last much longer. The natural tendency of Government speakers to try to show these warts as beauty spots can be forgiven. This budget has a mixture of both.

One is always influenced in his views on the budget by the needs of the area he represents. In my constituency there is a mixture of agriculture and industry. In County Clare we have a predominantly dairying economy and there has been much disappointment there at the withdrawal of the fertiliser subsidy. That particularly affected County Clare where 70 per cent of the valuations are less than £70. Their attitude is easily understandable when one appreciates the amount they must lay out on the purchase of fertilisers in order to maintain the quality of their holdings. County Clare has had a singular achievement in both the quality of stock and milk yields. That is another reason for the people's frustration at the increased prices of fertilisers and the withdrawal of the subsidy.

Another reason for disappointment there was the decision to include in the income tax net farmers with valuations of £60. There was also the increase in the £90 multiplier and this had a serious effect on farmers' income and on their plans for expansion. Fianna Fáil were loud in their condemnation of the decision to tax farmers and it is hard to understand their change of attitude. However, we must live with the situation and make the best of it.

Another reason for farmers' disappointment was that they no longer qualify for rates abatement if their valuations exceed £75. Farmers had also hoped to see some development of the farm modernisation scheme. They had hoped that the Government would introduce further development categories, but there is no indication so far that transitional farmers are being considered. This is an area to which the entire Government as well as the Minister for Agriculture must devote a lot of attention. There is a lot of congestion among small farmers in the west but there is a deep desire among them to continue on their small holdings. Now that prices for stock and milk are better there could be a great opportunity for that type of farmer, but the social welfare policy for such people has been left unchanged if the valuations exceed £15. Therefore all is not rosy in the rural areas where there is a high density of small farmers.

In the field of industry and commerce there is encouragement to employ, and there are great hopes that the private sector will react. A lot depends on the ability of private people and companies whether public or private to market their goods at an economic price and thus compete internationally and within our own country. In Clare the development agency called the Shannon Free Airport Development Company were assigned the job of creating employment through the establishment of viable industry within the region of Clare, Limerick and North Tipperary in the industrial area of Shannon. This had a singular and spectacular success and the peripheral areas benefited marginally.

Now it is the intention of the Government—or the Minister for Industry, Commerce and Energy—to withdraw from that company a function exercised by them over a long number of years and to place the responsibility for major industrial promotion on the shoulders of the IDA. This is fine if the IDA deliver the goods to the remote and underdeveloped areas within the region, and SFADCo have broken some ice in this area but have not been completely successful in encouraging or promoting industry in areas of high density where the greatest unemployment is. What will the position be in the years ahead when SFADCo are no longer authorised to introduce major industry into this region? We are now dependent on the IDA and we are also in competition with other areas of this country, and indeed with areas of higher density and with the city of Dublin. We were hopeful, because of projected development in the Shannon estuary and demand for proper harbours and landing facilities which are available, that we would have a prior claim on major industrial development along the Shannon banks. I hope that the IDA will realise that their function lies in the first place with the underdeveloped areas. There is nobody other than the Minister for Industry, Commerce and Energy and the Government to impress on the IDA that this function must get some priority. With fewer opportunities through emigration and with possibly fewer opportunities at the moment in the western area of the country we are dependent for the future on the establishment of stable, viable industry to absorb our unemployed. I hope this change made by the Minister for Industry, Commerce and Energy will be successful.

We depend a lot on the energy and enthusiasm of the people of the IDA at this stage for major industry. SFADCo, for instance, still give the power to promote industries other than major ones. Of course one cannot pass over that without some regret about incidents which were responsible, undoubtedly, for the withdrawal of major industry within this region. The time has come for a much more mature and sensible approach by management and trade unions to problems which will arise within industry so as to have them settled in a rational and sensible way which will ensure the continuance of industry. This would convince others who have their eyes set on establishing an industry that the required stability is there. It would encourage them to invest. It is vital that balance be restored, and this should be accepted by people who will be doing irreparable harm if this union-management relationship is not improved rapidly.

In this budget is was necessary to borrow heavily in order to allow for expansion, apart from current expenditure. It is the hope that this gamble will be successful, because none of us would like to see money wasted on projects which would not allow a good return.

There will continue to be failures unless there is a follow up on companies from outside who establish here. Perhaps this applies too in so far as native companies are concerned, but there must be this follow up in respect of management, means of production and union relations. This is necessary to ensure that these factors are satisfactory. So far the industrial promoting agencies have not engaged adequately in such activity with the result that many companies have gone to the wall much too rapidly after being helped with a good deal of taxpayers money by way of grants and all the other forms of assistance provided by the State.

Another area that is very important in agricultural expansion is the area of drainage. In our county we are looking to the Minister of State who is sitting opposite to give us every consideration in regard to the allocation of money for major arterial drainage. We trust that he will consider all the areas in the west in this regard in relation to the expending of the £15,500,000 from the EEC, backed up by an equal amount of help from our Government and that there will be no tendency to concentrate on one county. If it is the case that the Minister of State is not the one to decide on the allocations, I trust that at least he will have a survey carried out in respect of the areas of greatest need. One of the greatest areas of concern in County Clare is the threat of flooding of the major town by the River Fergus which floods periodically. This disrupts business and homes are flooded. In some cases business premises are destroyed. For many years there has been neglect in so far as this river is concerned. Provision must be made to deal with the problem.

I have given the Deputy a lot of latitude but he is moving a long way from the budget. Drainage would be more appropriate to the Estimate.

I accept your ruling, Sir, but I am sure that the Minister of State likes to hear of the situation.

Yes, but on the Estimate later.

Perhaps I shall go to Clare sometime to meet the Deputy.

The Minister will be very welcome to meet my two colleagues and myself at any time.

The Government's decision to abolish rates on private houses and to exempt from road tax cars below a certain horsepower was acclaimed widely. However, in the country there are people who have an independent outlook and who would never wish for a situation in which in practice their rates or car tax had to be paid for by others. It would not be their wish that they be subsidised by the worker who is just getting a living wage but who is heavily taxed under the PAYE system. The very wealthy would have no wish to benefit from the sweat and toil of those workers.

We welcome the grant to be paid to first-time purchasers of new houses but I wonder whether the Minister would consider re-introducing the system whereby half the amount of the grant was paid when the work was half way through. This system would be very welcome and would be of great help to house purchasers. In particular, it would help those building their own houses having regard to the cost of materials and so on and it would encourage more development in that sphere.

While speaking on housing I should like to refer to a scheme that has been abolished but which, when in operation, was of much benefit to poor people living in very bad accommodation. The scheme which was known as the essential repairs scheme was introduced many years ago and provided for the expending by local authorities of the major portion of the cost of improvements to unsuitable dwellings. The Government's contribution in each case amounted to only £80. This scheme provided that a roof, windows and doors would be given to people of limited means and the local home assistance officer determined the eligibility of applicants. We have many elderly people who are not rich, through no fault of their own. It was not very wise to abolish this scheme for essential repairs.

It has not been abolished.

I understood that the increased grants under the reconstruction scheme replaced the scheme for essential repairs.

It may vary from county to county but we are still operating it in Galway.

It does not arise on the budget.

I understood that applications already received would be serviced. I would be delighted to know that the scheme is to continue. It brought many benefits and improved the appearance of many houses and made them pleasant places in which to live.

The Minister for the Environment recently introduced a very helpful scheme for the improvement of the environment. Beauty spots will be improved and car parking areas will be provided. This work is not capital intensive but it has the potential to employ many manual workers and this will be of great benefit to many areas, particularly those which depend on tourism. Where roads run along by the sea it is necessary to provide space in which cars can turn and such amenities are vital. I hope that all local authorities will avail of this allocation and that we will have a much greater awareness of how vital it is to preserve the environmental aspects of tourist areas.

It is fair to say that no Minister for Finance has ever introduced a budget which was not subject to criticism from all sides of the House. At this stage this budget has already been discussed and we have heard all the criticism, constructive or otherwise. A budget is judged by the people and I am quite satisfied that this budget has the full support and widespread approval of the people. Not only that, it has restored hope and confidence and this was sadly lacking during the past few years. This budget has been well planned and, coupled with the confidence engendered by the return of Fianna Fáil to Government, it has put the country on the move and the national advance has been resumed.

No document has received more mention or criticism since last June than the Fianna Fáil manifesto. The Minister for Finance in his budget has certainly fulfilled the commitments given in the manifesto. He has introduced a comprehensive package of measures designed to promote and secure the further economic and social well-being of every section of our people. At this stage there is no point in going into detail on the budget as it has already been extensively discussed. I propose to deal with some of the items for which people look in a budget.

The job creation measures provided in the budget are in line with those outlined in the manifesto. We are providing much needed employment in the public sector and in the building and construction industry and also by way of special schemes for young people, who were sadly neglected during the past few years. This is an exceptionally good start and the impetus and incentives being given to the private sector provide a sound and co-operative basis for more employment opportunities in both the public and private sectors.

When one talks about job creation one automatically thinks of PAYE. The PAYE system has been the subject of a great deal of criticism in recent years due to the imbalance in taxation. I suggest that the Minister is to be congratulated on the substantial income tax reliefs provided in the budget. These are the biggest and most worth-while reliefs ever provided for single and married people alike. Some sections were not happy with the tax relief and I should like to have seen other reliefs given and perhaps other taxation imposed. A budget cannot satisfy all the people; one must try to satisfy the majority and produce a good working budget which is acceptable.

My own constituency is a fairly representative urban area and I am satisfied that the tax provisions are particularly welcome. I am also satisfied that these measures will be of general benefit to the economy. They can, of course, be viewed not only in economic terms but also in the social context. They have removed the grievances and sense of frustration felt by many taxpayers. Such feelings can be very damaging to the fabric of society. I am satisfied that the reliefs have removed this long-felt sense of frustration. They also demonstrate that we have a Government conscious of the needs and wishes of the ordinary people.

In this context the weaker sections of our community have always been helped by Fianna Fáil. Our record in the area of social welfare and health services is ample proof and testimony of our concern. Even in the days of the first Fianna Fáil Government in the early 1930s when national resources were very limited, measures providing for widows' and orphans' pensions and unemployment assistance were introduced and a high priority was given to the development of existing social welfare benefits. Similarly with regard to the health services, all the advances that have taken place during the years can be attributed to the work of Fianna Fáil Governments.

I am very pleased that the budget contains provisions for increasing social welfare benefits and allowances. While I should like to see higher increases, I am satisfied that the Minister knows how far he can go in providing such benefits and I know that the people accept the situation. Many improvements have taken place in the area of health and hospital services. In this context the Minister for Health and Social Welfare, who is in my constituency, is to be congratulated on the initiative he has taken in extending the scheme of unemployment assistance to single women and widows. This will prove a considerable benefit to a section that hitherto has not got its fair share of the cake. There has been an easement in the qualifications for social welfare allowances and benefits and this will prove helpful to the less well-off section.

By taking these measures the Government have shown their concern for the community based on the criterion of need. In this way all deserving cases will be provided for. Allowance has been made for mentally and physically handicapped children and this is another demonstration of our concern. Allowances in respect of residential accommodation have been increased from £25 to £35 per month. It is approximately four years since an increase was given in this area.

In a broader sense the capital programme makes provision for major hospital building. Not only will it provide badly needed hospitals but it will also create jobs in the building of the hospitals. I am sure all Deputies in this House are pleased that the hospital programme is proceeding. It was very interesting for me to be present last Monday to see the Minister for Health turning the sod for the Beaumont Hospital which is in my area. This was referred to by the Minister in his statement.

Other Deputies have commented on various aspects of the budget as it affected them but I do not think separate items can be singled out while others are ignored. A budget must be discussed in an overall context and from that point of view this budget is one of the best ever introduced in this House. The Minister for Finance can take legitimate pride in the budget. I am sure it will get a well-deserved response from the community in order to make it work and to get the country moving again.

A previous speaker mentioned the part to be played by trade unions. The aim of the budget is to create employment and to help the economy and, like a previous speaker, I appeal to the unions to act in a responsible manner. I would ask them to accept the national wage agreement that is before them at the moment so that we may have the industrial peace so necessary for any country if it is to achieve prosperity. If we can provide the jobs that are necessary and secure the future of our economy the aims of the budget will be achieved. The Minister for Finance will have done what he set out to do, namely, get the country back on its feet again.

I am happy to speak on the budget and to compliment the Minister for Finance on the way he planned the budget and also on its presentation. Much criticism has been levelled at the Minister regarding the amount of money he proposes to borrow but that money is for the purpose of job creation and in order to provide incentives for industry. I congratulate the Minister on his foresight and the confidence he has in the Irish people.

A year ago the previous Government borrowed a considerable sum to pay for social welfare allowances and to pay debts. The present Minister told the House he was prepared to borrow money to provide employment and incentives for industry. For the first time in many years a Minister has given tax reliefs to industry. This is something that was sought for many years and I compliment the Minister on taking the initiative in this matter.

As a person representing a Dublin constituency, with long associations with the building industry, I wish to compliment the Minister and the Government on their initiative in relation to the building industry. Since this Government assumed office there has been a major upsurge in this industry, with a significant increase in the number of jobs available in Dublin. Prior to the last general election this was a very depressed industry, going along from day to day, nobody knowing where he was going. At that time no loans were available in Dublin and very few grants. With the injection of capital into the building industry and on roads, the scene is very different. I should like to refer also to the £1,000 grant affecting the country as a whole and as a result of which the building industry has again improved considerably.

Speaking of the industrial scene generally the tax concessions allowed industrialists in this budget are something which have been sought for many years; year after year the industry was crippled by increased taxation. This year an incentive was given to industrialists, with confidence in the country and our people to invest more money at home. There is no doubt but that this will provide many more jobs.

It is not very long since I spoke in this House on the IDA Bill. At that time I referred to the work of AnCO and called for the creation of an AnCO centre in Tallaght. I want to thank the Government and the Minister for Finance for their foresight in providing a centre there which has given people new life. When it really gets off the ground I have no doubt but that it will provide many additional jobs and will help in attracting industry to the area.

Again in reference to Tallaght I want to compliment the Government and the Minister on the stepping up of IDA activities in the Dublin area. Over the years very little work was done by the IDA in Dublin but, since the introduction of this budget, the situation has changed completely.

In regard to youth there is no doubt but that the injection of the £5 million capital has given them much hope. What hope had they for a number of years? What was there for them except to go to the labour exchange, and indeed what they got there was very little? Again there has been a complete change in that situation. Jobs are starting to roll and a greater interest in life exists for our young people. I want to compliment the Government and the Minister on the setting up of the Employment Action Team, providing proper facilities for our young people which is very important in a constituency like mine, mid-County Dublin with a new town like Tallaght which has a population of approximately 100,000 at present and a projected one of 135,000. Heretofore no effort was made to attract new industry there. They had to rely on old-established ones, with what-ever hope they had of expansion. A number of new industries came into the area but, because of circumstances operating at the time, they were unable to keep going. I am indeed pleased with the tax reliefs granted in the budget because of which so many industries in that area have been able to provide so much additional employment.

There is also the question of roads, another area in which much employment can be provided. In the past few years very little work was carried out on our roads, with very little hope of additional jobs. Again the situation has changed considerably with the initiative taken in this budget.

I want now to refer to the question of borrowing. Much criticism has been levelled at the Minister on the amount of money he proposes to borrow. Nevertheless its one great feature is that he proposes doing so for investment purposes which, in turn, will provide additional employment. What a change from this time last year when we heard a lot of talk about the borrowing of money and incentives given. But that money was borrowed merely to pay for social welfare benefits and for debts.

Obviously the Deputy was not on social welfare at the time.

Deputy Horgan is coming in on another matter. Perhaps Deputy Walsh would move the adjournment of the debate.

Debate adjourned.
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