By keeping the annuities, we could build up a national industry every years as big as the Shannon Scheme.

Meaning of the quote

Eamon de Valera, an Irish statesman, said that by keeping the annuities, they could build up a new industry in Ireland every year that would be as large as the Shannon Scheme. This means that the money they saved from annuities (regular payments) could be used to create and grow new businesses in Ireland, making the country's economy just as big as the famous Shannon Scheme project.

About Eamon de Valera

Eamon de Valerawas an American-born Irish statesman and political leader. He served several terms as head of government and head of state and had a leading role in introducing the 1937 Constitution of Ireland.

More about the author

More quotes from Eamon de Valera

Mr. Churchill is proud of Britain’s stand alone, after France had fallen and before America entered the War.

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If there is to be any hope of prosperity for this country it is by reversing that policy which made us simply the kitchen garden for supplying the British with cheap food.

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I shall strive not to be guilty of adding any fuel to the flames of hatred and passion which, if continued to be fed, promise to burn up whatever is left by the war of decent human feeling in Europe.

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The part which American friendship played in helping us to win the freedom we enjoy in this part of Ireland has been gratefully recognized and acknowledged by our people.

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Unemployment is due to the large import of goods from Britain and other countries. The Government haven’t used the powers which they have for the benefit of the country.

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We are fully aware that, in a world at war, each set of belligerents is over ready to regard those who are not with them as against them; but the course we have followed is a just course.

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We hope that the plain people – the labourers and small farmers – will take this opportunity of coming together and working out the National programme.

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When we have done our best, we can, as a united people, take whatever may befall with calm courage and confidence that this old nation will survive and if death should come to many of us, death is not the end.

Eamon de Valera

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If war comes upon us, it will come as a thief in the night.

Eamon de Valera

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It is indeed hard for the strong to be just to the weak, but acting justly always has its rewards.

Eamon de Valera

Irish politician (1882-1975)

From the moment this war began, there was, for this state, only one policy possible, neutrality.

Eamon de Valera

Irish politician (1882-1975)

Here, in Cork district, you have in combination all the dangers which war can inflict.

Eamon de Valera

Irish politician (1882-1975)

The economic and social problems would tend to become, like the military situation, more and more difficult as time went on and we became more and more isolated.

Eamon de Valera

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Since this war began our sympathy has gone out to all the suffering people who have been dragged into it. Further hundreds of millions have become involved since I spoke at Limerick fortnight ago.

Eamon de Valera

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By keeping the annuities, we could build up a national industry every years as big as the Shannon Scheme.

Eamon de Valera

Irish politician (1882-1975)

It is the duty of our men to enroll themselves in the national services. We need all our manpower for defence. For the military and… we need a quarter of a million men.

Eamon de Valera

Irish politician (1882-1975)