asked the Minister for Local Government if he will sanction the application from Cork County Council for a loan of £25,000 which the Council require to make a contribution to the Youghal Harbour Authority for the construction of a wharf at Nealon's Quay.

Because of the present necessity to conserve available capital for essential housing and other priority demands, I am not, at present, in a position to say when it will be possible to sanction this borrowing.