In conjunction with his two sons, William and Eugene, Liam donated a sum of £50 for the purchase of ten Certificates in the Irish Loan set up by Michael Collins (the London treasurer of which was Liam MacCarthy!). When the loan was redeemed Liam used the money for the purchase of a silver cup based on the design of an ancient Gaelic Meither (Irish loving cup). This cup was offered to the Central Council of the G.A.A. at Croke Park, Dublin and was gratefully accepted as the trophy awarded annually, and in all perpetuity to the winners of the Senior All-Ireland Hurling Championship, to be known as the Liam MacCarthy Cup!

Transcript:

My Dear MacCarthy, Your very king letter to hand. I placed your offer re presentation of cup before Congress and it was agreed the cup should go as a perpetual Cup to the winners of the All-Ireland Hurling. Congress on the motion of J.M. (illegible) tenders you the thanks of the Gaelic Association for your very kind and generous presentation. If you so desire I will order it engraved for you provided you give me an idea of the contemplated cost. Seamus Nowlan, Dan McCarthy, M.J. Crowe, Dan Fraher, Pat McGrath, John McCarthy, J.J. Keane, A.C. Harty, W. Hanrahan all desire to be remembered to you. Need I say how delighted I felt on reading your letter. Yes, I have been adding to the population for some years past.......