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Dáil Éireann díospóireacht -
Tuesday, 18 Jul 1950

Vol. 122 No. 11

Ceisteanna—Questions. Oral Answers. - Dollar Purchases.

asked the Minister for Finance if he will state the categories of goods for the purchase of which dollars were allocated during the 12 months ended June 30th, 1950; the total amount allocated for such purchases, and the amount received under the European Recovery Programme in respect thereof by way of loan and grant.

As the reply to the Deputy's question involves a lengthy list of commodities, I propose, with the permission of the Ceann Comhairle, to circulate the statement with the Official Report.

Following is the statement:—

DOLLAR ALLOCATIONS, 1949-50.

Allocations of dollars to importers are made by the issue of exchange control permits which enable the applicants to arrange the appropriate payment to their suppliers if the proposed transaction is implemented. The total amount of dollars so allocated to importers for the purchase of goods originating in the dollar area during the 12 months ended June 30th, 1950, was $90.3 million. Of this amount allocations to the extent of $52,000,000 were issued under procurement authorisations received from the Economic Co-operation Administration under the E.R.P. In order to obtain dollar reimbursement from E.C.A. in respect of payments actually made under these allocations it is necessary for my Department to submit individual claims to E.C.A. Washington in respect of each shipment, supported by the shipping documents and certain other vouchers and certificates. There is thus a time-lag between the payment made for the goods by the importer and the receipt of reimbursement from E.C.A.

The amount of reimbursement received up to the 15th July, 1950, on foot of the dollar allocations of $52,000,000 made under E.C.A. procurement during the 12 months ended June 30th, 1950, was $40.4 million of which $3,000,000 was paid as grant aid and the remainder as loan aid.

The following are the categories of goods for the purchase of which $90.3 million was allocated during the 12 months ended June 30th, 1950:—

Wheat

Wheat Flour

Corn

Other Grain Preparations

Fats and Oils

Oil Cake and Meal and Other Foods and Fodders

Sugar

Molasses: Inedible

Sausage Casings

Dairy Products

Canned Fish

Seeds other than Oil Seeds

Dry Edible Legumes

Dried Fruits

Fruit Pulp

Coffee

Miscellaneous Edible Vegetable Products

Tobacco and Tobacco Products

Raw Cotton: Unmanufactured

Cotton Linters

Vegetable Fibres (ex. Cotton)

Animal Fibres (ex. Wool)

Miscellaneous Inedible Animal and Vegetable Products

Turpentine and Rosin

Alcohol

Agricultural Pesticides

Medicinal and Pharmaceutical Preparations

Industrial Chemical other than Alcohol

Other Chemicals and Chemical Preparations

Animal Fibre Products

Hides and Skins

Leather and Leather Products

Textile Products: including semimanufactures, fabrics, cordage and twine.

Clothing for protective and other special purposes

Lumber and Sawmill Products and Lumber Manufactures

Pulp, Paper and Paper Products

Crude Oil and Petroleum Products

Non-Metallic Minerals and Non-Metallic Mineral Products

Iron and Steel Mill Materials, Steel Mill Products and Ferro Alloys

Miscellaneous Iron and Steel Manufactures

Aluminium and Aluminium Base Alloys and Aluminium Products

Copper and Copper Products

Lead and Lead Base Alloys and Products

Miscellaneous Industrial Non-Ferrous Metals and their Products

Generators and Motors

Electrical Apparatus

Engines and Turbines

Construction Mining and Conveying Equipment

Machine Tools

Metal Working Machinery

Agricultural Equipment, excluding Tractors

Industrial Machinery N.E.C., including Office Machines and Parts

Motor Vehicles, Engines and Parts

Tractors: Agricultural and Industrial

Aircraft, Parts, Accessories and Ground Handling Equipment

Railroad Transportation Equipment

Scientific and Professional Instruments, Apparatus and Supplies

Miscellaneous Industrial Materials and Manufactured Commodities

Rubber and Rubber Products

Barr
Roinn