I support the sentiments of Senator Byrne on the Valuation (Amendment) (No. 2) Bill, particularly as the acting Leader hails from Killarney. The documents submitted to us by the Irish Hotels Federation were very well argued. They were not the usual lobbying documents and appear to make some serious points about the way in which this commissioner could value properties without the right to appeal. That is an important consideration. The rate on a hotel room is approximately €1,500 per year, so it is important for that major industry that it is not disadvantaged and that we do not end up with the Government losing a case in the courts, as with the valuation of agricultural land for rating purposes.

I welcome Senator Hayden's reference to Christ the Redeemer going green on St. Patrick's Day. He drove the moneylenders out of the temple so I hope it is a good omen for us in dealing with these bankers and as we attempt to put this country to rights again.