A History of Ireland in International Relations. Owen McGee

A History of Ireland in International Relations - Owen McGee


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pro-British sycophants’.146 The reality, however, was that Irish nationalist sympathisers in America had no access to the corridors of power. This situation in Ireland itself was not much different. Sinn Féin championed the idea of launching an Irish economic war against the British imperial treasury on the grounds that Ireland had been an almost perpetual victim of gross over-taxation,147 but James Craig, the rising new leader of unionism in Belfast, was a wealthy businessman who both cultivated political links with London bankers and accepted fully the logic of the British imperial treasury regarding Ireland. In particular, British investments in Ireland were now negligible compared to investments in Australia and India. The wealth generated by the latter had been used by religious ministers in Ulster to establish new Irish Presbyterian theological colleges (such as Magee College in Derry), while Ireland’s value as a source of revenue, providing but 4 per cent of the UK’s taxation, was small enough to be comparatively insignificant.148 Therefore, Craig and the British imperial treasury considered any injustices in the government of Ireland to be completely irrelevant compared to the much greater budgetary concerns of the empire. In an Irish electoral sense, this body of opinion was only a small minority voice, but its dominance in high politics naturally shaped the impact that the outbreak of the First World War would have upon Ireland.


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