Proudest man in the Irish Free State last week was Ernest Blythe, Minister of Finance since 1923, Vice President of the Executive Council since 1927. Shrewdly waiting until fortnight after the British budget was read, he announced his budget last week. In the second year of World Depression, with formidable deficits facing the governments of Great Britain, Italy, Germany, the U. S., Australia, Argentina, etc., etc., Finance Minister Blythe was able to announce that the Irish budget for 1931-32 balances easily at £24,661,000 ($123,305,000). Taxation yields for the past year have exceeded...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!