Extract from the minutes of a meeting of the Cabinet 'Participation of Ireland in the European Recovery Programme: Method of financing' (GC 5/20) (Item 11) (S14106C)
Dublin, 25 June 1948
Further consideration was given to the decision taken at the meeting held on the 11th June, 1948, on the question of the participation of this country in the European Recovery Programme, and it was decided
that a loan for the current quarter should now be accepted, if such a loan is still available; and
that, in the case of future quarters, loans should be accepted to such extent as may be necessary.