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Dáil Éireann - Volume 236 - 23 October, 1968 Ceisteanna — Questions. Oral Answers. - Trade Figures. Mr. M. O'Leary Mr. M. O'Leary 8. Mr. M. O'Leary asked the Taoiseach whether in the light of the latest trade figures any special measures are planned to counteract the imbalance shown. The Taoiseach Jack Lynch The Taoiseach: The recent steep rise in imports, deriving from substantial increases in personal incomes and consumption, could be dangerous if it persisted for long. Notwithstanding the success attending our continuing efforts to step-up exports, the Government are considering how general economic policy should be adjusted so as to prevent the emergence of an excessive deficit in the balance of payments in 1969. Import controls are not envisaged. Mr. M. O'Leary Mr. M. O'Leary Mr. M. O'Leary: Does the Taoiseach think it a serious situation —sit down; hang on; we are not on a gallop; that we shall have a deficit this year of—— Mr. S. Dunne Mr. S. Dunne Mr. S. Dunne: The gallop day has gone; no muttering from the front benches. An Ceann Comhairle Cormac Breslin 1091 [1091] An Ceann Comhairle: Order. Mr. T.J. Fitzpatrick (Cavan) Mr. T.J. Fitzpatrick (Cavan) Mr. T.J. Fitzpatrick (Cavan): A majority of 62 votes in Clare. Dr. Hillery Dr. Hillery Dr. Hillery: We will see what you would be like if you had the chance. Mr. Donegan Mr. Donegan Mr. Donegan: Let us hear them play The West's Awake again. Why do they not play it? Mr. S. Collins Mr. S. Collins Mr. S. Collins: How about the PR acolyte? Mr. M. O'Leary Mr. M. O'Leary Mr. M. O'Leary: Would the Taoiseach agree with the forecast of a deficit of £115 million this year? The Taoiseach Jack Lynch The Taoiseach: I cannot hear what the Deputy said. Mr. O'Leary Mr. O'Leary Mr. O'Leary: This is a very serious situation. Would the Taoiseach indicate to the House at this stage what action he proposes to take in the light of the forecast of a deficit of £115 million this year? The Taoiseach Jack Lynch The Taoiseach: That is under consideration. Mr. P. Belton Mr. P. Belton Mr. P. Belton: Go to the country. Mr. M. O'Leary Mr. M. O'Leary Mr. M. O'Leary: Would the Taoiseach consider taking any action in this session—— The Taoiseach Jack Lynch The Taoiseach: It is under consideration. Mr. L'Estrange Mr. L'Estrange Mr. L'Estrange: Will the Taoiseach have another Budget? Mr. Donegan Mr. Donegan Mr. Donegan: He will play The West's Awake. Dáil Éireann 236 Ceisteanna — Questions. Oral Answers. Trade Figures. Questions 19681023
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