The traditional species we have been fishing over the last 20 to 40 years are now all under pressure from stock depletion. Unless serious action is taken by the EU and by ourselves, especially our fishermen, the industry will return to the state it was in when we joined the EEC in 1972 – the industry devastated, people unable to pay their loans and boats being seized every day by Bord Iascaigh Mhara. It is worth while for people who are interested in this business to consider the contrast between what we have now and what we had in 1972. There is no easy solution to the current problems.