Edition Bobbett2. Speeches and statements by Elizabeth F. Bobbett
1953 Rathdrum, Election Meeting
Source: Irish Independent, 05.06.1953
Miss Elizabeth F. Bobbett (Independent Farmer), at a meeting in Rathdrum, County Wicklow, thanked the Fianna Fail Party for the use of their platform (used for Mr. Erskine Childers’ meeting later). Without blaming either party she asked the people to jog their memories on certain happenings in the past. In 1948, Ireland was faced with a grave crisis and received Marshall Aid amounting to £400,000,000. In 1949, the £ was devalued and, as a result, the debt to the US – which had to be paid in dollars – was considerably increased and would make for an immense National debt.
The present Government was blamed for the high interest rates, but it was the Bank of England which controlled our money. Until the people in Parliament came together to use the credit of the country for the benefit of the country, there was not much hope for the future.