Mary White (Fianna Fail)

The Dow Jones industrial average, yesterday, was at its highest in 18 months and the indications are that all sections of the American economy are beginning to grow again. Managers are ordering and, as Dr. Dan McLaughlin said recently in Sligo, in an address to members of the Fianna Fáil parliamentary party, as soon as American companies began to build up their inventory control, all sections of the American economy have begun to re-order, following a turbulent three-year period during which companies were cutting back to the bone. Once they begin to build up their inventory control, the international companies based in Ireland will begin to re-order.

The excitement in the Dáil today was similar to what I have felt in my business life, in terms of getting new orders and knowing that one's company is going places.