The Birmingham age-herald., 1915-12-23
Funds Must Be Raised to Mobilize the Worlds Re
 sources for Concentration Against Central Powers
WAR NOW AT FINAL STAGE AND VICTORY IS ALMOST WITHIN GRASP
Only Thing to Command Victory Is Proof That Suf- ficient Money Is Available
 for Vast Armies of Men

London. December 22-A manifesto to the people of the country was issued tonight over the signature of score ot leading English bankers and financiers on the subject of the country's finan- cial position. The signatures are headed by that of George Anderson. treasurer of the Bank of England The manifesto in part follows:
 "As this Is time of great national danger, it is imperative that every citizen realize the vastness of the work Great Britain has to perform In long war, success depends mainly upon the respective financial resources of the combatants and the consequent power of one of them to remain or add to it's fighting strength while the others are declining. It is not in doubt that the allies financial resources. when fully mobilized and wisely con trolled will be vastly greater than the enemy's.
 IMMENSE SUMS NEEDED
 "Fhe allies success in defeating the enemy's efforts to cripple them in men, ammunition and money before they could assemble their full strength has now brought the war near to it's final stage. Indeed, only one thing is now needed to command victory, namely, to provd@ all the money needed to support the vast armies of new men and pay for the vast quantities of arms and ammu- milton being manufactured in all parts of the world.
 The task of finding the greater part s.f I~.I by the allies ia the especial dity Of the British people, for they, in particn-
 lar, possess the necessary finaneiai s resources. Their misunderstanding power
 is unreduced by fnvasion their cities undestroyed: their ports not shut off, The income of the British people has been maintained at high level. Ex ports, though not so great as before the war, are greater than in 1909. The income from capital invested abroad has been reduced but little; the earn ings of shipping are greater than ever and the factories are working full time.
 Moreover, the effect upon production of great armys mobilization has been largely neutralized by the more vgor ously and effective work of the civilian population, particularly the women. The average individual income is much in excess of any total heretofore reached
 ECONOMICS DESIRABLE
 "In the current calendar year. the British people will spend fS00,000.000 on war and government. next year El,S00, 100000. To raise this sum is a stupen- dous task which will try the mettle of the ma ton as it has not been tried in hundred years. The task demands the strenuous cooperation or every man. woman, youth and maiden--that the nations energies be concentrated on the production of really essential things. that the production of all non essentials be wholly stopped
 'The nation must avoid the con- sumption of all nonessentials and even restrict the consumption of essentials to the limits of efficiency Individuals possessing securities mark etable abroad must sell them to pay for goods and munitions for winch no other means of payment can be provided. Only by all classes adding to and carefully hus- banding their income; by selling for eSgn securities. by creating foreign credits will it be possible to provide the vast sum needed by the nation and it's allies"