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Money for Ireland Finance, Diplomacy, Politics, and the First D^D'ail ^D'Eireann Loans, 1919-1936
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Francis M. Carroll
ISBN: 0-275-97710-2
ISBN-13: 978-0-275-97710-8
200 pages
Praeger Publishers
Publication: 7/30/2002
List Price: $98.95 (UK Sterling Price: £68.95)
Availability: In Stock
Media Type: Hardcover
Also Available: Ebook
Trim Size: 6 1/8 x 9 1/4
Subjects:
Description: Raising money was one of the great successes of the Irish government, as the funds provided the sinews of war with which to fight Britain. This book details the history of the financing of the Irish revolution from both domestic and international loans. Divisions in Irish society over the Anglo-Irish Treaty and the creation of the Irish Free State led to the outbreak of the Civil War. The Free State's ability to deny the anti-Treaty forces access to the loan funds through a ten-year court battle would prove a powerful weapon in defeating the Republicans.

The Dáil government depended on the loans to finance their operations, and the failure of the anti-Treaty forces was due in part to their shortage of funds. International complications arose for the Free State when courts in Dublin and New York disagreed over dispersal of the money. Upon his return to government office, Eamon de Valera appealed to bond holders, particularly those in the United States, to give the loan money to him to found an opposition newspaper. Only when de Valera himself formed a government would all of the bond money be repaid. These events would raise questions of international law, and the results would shape Irish relations with the United States for a decade.
Table of Contents:
  • Preface
    Dáil Éireann and the Need for Money
    The Irish Bond-Certificate Drive in America
    The Treaty Crisis, the Civil War, and Rival Claims for the Dáil Funds
    The Dáil Funds in the New York Courts
    New Claims for the Bond-Certificates
    The Irish Settlement
    Appendix I: Promotional Material for the Internal Loan in Ireland
    Appendix II: Promotional Material for the Sale of Bond-Certificates in the United States
    Appendix III: The Impact of the Bond Cases in International Law
    Appendix IV: Fogarty v. O'Donoghue, from The Irish Reports
    Appendix V: Irish Free State, et al. v. Guaranty Safe Deposit Company, et al., from New York Miscellaneous Reports
    Bibliography
About the Author: FRANCIS M. CARROLL is Professor of History at St. John's College, the University of Manitoba.
LCC Class: 336
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