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.
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