Madam, - Pat Rabbitte seems to be finding ideas and inspiration in unexpected places these days. His proposal to endow children born here with a €1,000 bond which would accumulate interest until the age of 18 is an interesting one. It seems that, like many others this year, he has been reading Ulysses; for as Leopold Bloom walks to Davy Byrne's for lunch he muses that it would be "quite painless out of all the taxes give every child born five quid at compound interest up to twenty-one".
It's nice to see James Joyce inspiring political, as well as artistic thought, but surely Mr Rabbitte can find other, more contemporary, policy sources? - Yours, etc.,
NICK DELANY,
Coolgreany,
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Gorey,
Co Wexford.