Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-06-25

FOR IRISH
REPUBLIC
To Raise Fund of One
Million Pounds
Sterling
ANNOUNCEMENT MADE
BY PRES. De VALERA
AT NEW YORK CITY
Needed to Set up Necessary
international Recognition
Half of Issue to Be Offered
to Public-25O,O 900 Pounds in
Ireland and Same Amount
Abroad

Ireland and Same Amount
Abroad
New York. June 24.-The Irish re-
public proposes 70 issue bonds TO the
amount of one million pounds slerl-
ing, President Eamo1n De Valera
announced here tonight. The min
lister of finance is preparing i pro-
spectus which will be issued soon
he said. Half the issue will be Of
fered 10 the public for immediate
subscription. 250.oe0 pounds N Ire
land and 100000 pounds abroad. The
bonds Will be of denominations to
meet the needs of small investors
In order to obtain for our OWL
de jeure government and for the
Irish republic which the Irish people
willed 70 set up the necessary in
ternational recognition" Mr.. De Va
lera said. we shall send at once our
accredited representatives TO Paris 10
the Peace conference and 10 the
League OF Nations. We snail give
them all necessary authority ana that
they may proceed therein a manner
BETTING their -..aracter as the rep
resentatives o. nation we shall ap-
ply for the necessary safe conduct TO
enable them TO pass through the
naval and military cordons with
which the power in occupation Of our
country has surrounded Us.
We shall send also to other
countries a number Of duly accredit-
ed ambassadors and conSuis 10 see
that the position of Ireland is under
stood as ii truly is and not as Eng
lish propaganda would represent il
and IN general to see that the IN
terests IN Ireland in these countries
are IN no way neglected. We shall
thus resume that intercourse which
il has been the chief aim of English
siatescraft to cut off and which IN
deed English power has succeeded
IN cutting off Tor over a century.
AT the present time of general
world reconstruction II IS most i'm
por,ant that the material interests
of the country al home be also looked
after. and by lrishmen. 1t Will be
= ~
the co-operation and TO Coordinate
the activities of the various bodies
which have taken voluntarily on
themselves the safeguarding and adj
vancebenr of these interests. To-
ward English legislation interfering
with these interests we shall act n
accordance with the general pr'nci-
pies we have already indicated. that
is. We shall act as We tilln.: best for
the general good.
To measures such as the English
ways and communications bill de-
signed as regards Ireland 10 prevent
Irtshmen from using the natural re-
sources of their own country. we
shall offer all the resistance we com :
mand as being both injurious ana
unjust. It will he the special duty
of our director Of trade 20 examine.
in cooperation with public bodies.
how best 20 make our resistance eff
fective
The ministers and directors at
the heads Of the other departments.
labor. industries. agriculture. local
rovernment-will similarly be
charged with seeking cooperation
with all interested in their depart
ments. The minister for National
Defense is. Of course. in close asso-
citation with the voluntary military
forces which are the foundation OF
the national arm.
TT is obvious that the work Of our
government can not be carried on
without funds The minister Of f.
nance is accordingly preparing a
prospectus. which will shortly be
published for the issue of. loan Of
J. oee. 900 pounds sterling, 100000
pounds TO be offered to the public for
imemdiate subscription. $4,000
pounds at home and 25e,ooo pounds
abroad. in bonds of such amounts as
to meet the needs Of the small sub
scribers.
Il think that is fair outline OF
our program as it stands at present.
An outline il all we are prepared to
give and so I have not attempted to
GO into details. The working out OF
the details will be immediate con-
Germ of individual ministers and Of
the cabinet as a whole. When they
arr ready we shall bring them form
ally before you for your approval and
sanction"
The bond issue will be repaid. Mr..
De Valera said. six months after the
Enriish evacuation" Of Ireland. He
denied eznphaticaIly thxt Russia or
Germany ever had been used for pro-
noting the cause Of Ireland.
Mr.. De Valera again declined to
tell how he made his way to this
country.