£10m loan to boost post-war economy, and hurling ace dies on hunger strike

A LARGE meeting of the business people of Cork was held at the Pavilion Cinema yesterday afternoon regarding the Government Loan proposal, the Echo reported 100 years ago today, on Saturday, November 24, 1923.
Minister for Agriculture, P.J. Hogan and Postmaster General, J.J. Walsh, were present and addressed the assembly on the advantages of the Loan.
P.J. Hogan told the meeting that the Irish people had faith in themselves and in the future of their country. They had the ability to constitute a new state and run it with courage, efficiency and success. The Government Loan was a tool to this end.
It would consist of £10million, 5% stock, with an option of redemption on December 1, 1935, but need not be redeemed until 1945.
The Government would set aside 2½% each half year on a sinking fund. This would be borne out of current revenue to the extent of £730,000, of which £500,000 would be interest, and £200,000 sinking fund.
These terms were extremely advantageous compared to any other gilt-edge security on the market. The Government had the Irish businessman in mind when setting them. It wants to do what it can to help him succeed when starting a business or floating a loan.
A vote of condolence was passed at a meeting of the Cork County Board on Tuesday night to the relatives of Denis Barry. Tomorrow’s fixtures are also postponed.
A man of strong mind, his many friends were forced to the painful conviction that when ‘Dinny’ Barry went on hunger-strike, it was no mere make-believe. The terrible ordeal was entered upon, and after 34 days abstention he passed away in the fullness of his young years. How profoundly regrettable and lamentable.
Under the football code, he likewise rendered valuable assistance, his services being ungrudgingly placed at the disposal of the county.
He had also been a member of the Board, where he played an active role in forwarding the National games. He may have been impetuous at times, but his frankness, sincerity and integrity gained him the friendship and admiration of his colleagues. May he rest in peace.
Michael Sullivan, address unfixed, was brought before Justice Sullivan and charged by Guard Molloy with being drunk and disorderly on MacCurtain Street. He was shouting and using obscene language and has four convictions against him. He was fined 30 shillings, or 14 days imprisonment.
Henry Hayes, of Watercourse Road, was up on a like charge. In his case it was on Bridge Street on Saturday morning at 10am, and he was fined 5 shillings.
Shortly after 1 o’clock today, some men were pushing a motor lorry out of the way of an oncoming tram in Leitrim Street when it dashed across the road and collided with the door of Hoskins premises at 18, Pine Street.
I don’t know whether they prefer it - the intricacies of these matters are beyond me - but I think it cruel to see the fair creatures of the ballroom “footing” it home in the small hours from some of our dances. Could this cruelty be connected with high taxi charges?
People are not as prosperous as they used to be and prosperity is essential in the business of romance.
Cigarettes are dearer too, and other things that appertain to the pockets of the young men. Therefore, those who consider the ecstasy of the occasion worth any price, and would fain gather the girls from all quarters to the feast of beauty and delight, are obliged to forego their great desires or submit to the humiliation of asking the lady “to walk it home”.
One wonders at the lack of foresight which discourages social commingling by prohibitive fares and prevents the development of friendships which in time would inevitably lead to greater indulgence in petrol or horse propelled locomotion.
I don’t like the sight of dainty frock ends trembling just over the muddy footpaths. It calls forth my silent sympathy for the brave youthful adventurers.
Perhaps taxi folk have never trod the ways of youth and romance, and having missed the streets of life are more to be pitied than blamed.
The Munster Ladies Hockey Union will hold their dance in Gregg Hall, 52 South Mall, on December 4.
Dancing will be from 8 to 4 and Miss McCarthy’s Orchestra will play. Tickets are 7 shillings 6 pence and available from O. Olden, U.C.C.