Location: Unknown. Private meeting.
J. MACDONAGH (Tipperary, North) moved:—
"That Dáil Eireann immediately erects machinery for the purpose of protecting merchants and others with Republican sympathies throughout Ireland against losses caused by Riot, Civil Commotion, and Incendiarism."
Fabulous sums were at present being paid as premiums in respect of those classes of insurance owing to the organised system of enemy outrages. While the Insurance Companies had guaranteed payment in the case of burnings, etc., two clauses had recently been inserted in the policies which rendered them null and void. Those clauses meant that where insurers possessed Republican sympathies their policies were not worth the paper they were written on. It was necessary that a scheme be compiled whereby such insurers could insure their property at ordinary rates.
On the suggestion of the SECRETARY FOR FINANCE the matter was referred to the Ministry, the Deputy for Tipperary to be present when it was discussed.