Edition Bobbett2. Speeches and statements by Elizabeth F. Bobbett
1951 Wicklow, Meeting of the County Council
Source: Wicklow County Council, Minutes, 1951, p. 219, 15.01.1951
Councillor Miss Elizabeth F. Bobbett stated that she had given a good deal of study to the matter of Bank created credits, over a number of years, and had consulted very eminent people who were in a position to give sound advice on it. She referred to the statement made by Professor John Busteed at the Annual Congress of Municipal Authorities, in which he urged that a joint inquiry by representatives of all local authorities into the whole question of local borrowing might be of great practical value. Councillor Miss Elizabeth F. Bobbett suggested that Wicklow County Council should give the lead in the matter, and invite representatives from all County Councils and municipal authorities to join in having an inquiry held. She stated that she believed that if all County Councils and municipal authorities requested the Government to take the necessary legal action, the Banks could be instructed to issue the necessary credits to the County Council free of interest, but subject to a fee for their services.