Coal-Cattle Pact
In 1935 tensions began to ease off between Britain and Ireland. With the 20% tax duties on imports coal and cattle were becoming increasingly harder to buy because of the prices. There was such a surplus of cattle in Ireland that farmers had to begin to slaughter their cattle because they could not be sold to the British. Britain and Ireland then signed the Coal-Cattle pact which meant that buying these commodities would be cheaper and easier to get. The coal-cattle pact indicated a willingness to end the "Economic War" and 3 years later it ended.
Read more about this topic: Anglo-Irish Trade War
Famous quotes containing the word pact:
“I make a pact with you, Walt Whitman
I have detested you long enough.”
—Ezra Pound (18851972)