The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-16
Wars Financial Burden Is
for All to Share, Says
London Manifesto.
NINE BILLIONS IN 'l6
ONLY PART OF LOAD

T1t9 HINltlutlN 10
tive committee OF Brita'n's Leading
,,,kers who have issued a signed mani
,.,,o 10 the nation inipressinx on the
rsonls the need FOR the stric'est conom
nrasr 10 assist In raising this huge
IL summary OF the manifesto was
contained IN u re'eh' '"''0 "
10 THE SrS.
VI, the manifesto the bankers say:
ain a long war success depends rr,ainly
coon respective financial Of
an. combatxnts n the consequent
oouer OF one OF them TO maintain OF
:, a 10 It's Aghtins strength when the
other IL declining or Is moi capable oil
expansion. 60.
aTherefors the enemy's efforts rave
ts,n directed to three essential matters
"l) To seize victory before the
sorces OF the Allies could be mobilized
IN overwhelming strength.
"fa) To reduce the economic and
financial strength of the Allies.
"1s) To prevent the Allies from
making or purchasing sufficient equip
ment and ammunition for their ever
expanding forces.
Hastening Final stage.
.-rhe ~endeavors OF the enemy TO &C
eomplish these objects have been COM
nletely frustrated by the coordination OF
Inc armies, OF the financial
Of the equipment and OF the munitions
OF the allied nations. The success OF
the Allies in defeating the enemy's EFFORTS
10 cripple them In men. munitions and
money before they could assemble their
fun strength has now brought the wal
nearer 10 its final stage.
uT,laaA nply nna thlnR In now nee0Gu
10 command victory. Tho Allies have
assembled new armies of Overwhelming
strength in France. In Russia, In Italy
and in Great Britain and everything
needed 20 equip them and to supply
them with munitions has been secured
Or is in process Of manufacture. Tne
enly thing remaining to be done II to
provide all the money needed 20 support
those vast armies OF new men and to
pay for the vast quantities OF arms and
munitions now being manufactures D
eli parts of the world.
The task OF finding the greater part
o. the Immense sums Of money needed
nv the Allies IS the especial duty Of the
British people, for they in particular
possess the necessary financial
Their manufacturing power has not peer
reduced by invasion, their cities nave
fol bttN ueStToyeu, tHe'E po't' " 49,
been shu; OFF from the rest OF the world
and their income has not been dimin-
iNOet by the absence OK 'our's's anu
other circumstances
Indeed the income OF the British peo-
pc has been maintained at a very high
level. Their exports. though not ar
great as before the war. are greater
'''N '"'N were as leee.'.s n...,.d
NOON" from interest on 'apI.', ~.
''road mas neeh reuueea out i''e, y.
rifh'ig. OF thetr shins a.e SseItes .u,i
ever ana Their factories are "o'"'"s vi
the
Moreover the eHec' upon tne D.
d4.con Of the nation o : the :hop',Aa.
OF a great army mas oeeh !aise!y m.u
tal!zed by the more vigorous anu cn'eu
tive work OF the CIVILIAN popuIet!oh IN
general and OF the women IN partIcu,a,
Lastly, the average INDIVIDUAL lhco!he IL
much In excess OF n total h.tnerto
reached. Thus the power OF Great br'-
ON to meet her own expenditure ana 'ne
sums needed by her allies Is very great
- ...
"r''"ins r1ns"c'"'
What IL It. then. that the country has
N dna Tho Cha nca,ior OF the Cycheouer
has informed the nation that the Gov
tIHNltIl RknHnullnl6 III lHN h1h%A 49,
,9l5.lels will be as follows:
x,y~ 1850. 900. ooC
Loans "a ail,c, ana dominion. ..,il5,0 900. 600
Army 900, 90,
Miscellaneous ................ ase'ooo' n
ihtsirst on dsbt.' az 400 SSc
~" 'r'''ce' ros. om n-.a,,nr
anu mat IN lsio-isAI tno 60 ,or
~mi ieacn s-o.ooo,ouV y usy' VI "
'V".rpo aoi.afs per anh .hn, ~. pr,,,.h
therefore, me worh Una. ~ az
peopis are caiieo upon 90 psIto'n
pIoNlae out OF an thsir nnn 100 noo
sources a sum OF near'y se'ooo,o'",,o
"r .he year isio-isio aNu ~ In
.s'oV''po TOT inc com'ns ysa'.
wy year lslo tne BRUSH peop,o 'pen'
soout so'ooo. ooV'voo upon W, am' sos,
.'"meit. n IN y yea isto ~Ih neeu
70 spend o ss'oov ,oo",oov ~ psS
VI II sum OF ABOUT sA'VVV'o"V''"' N'''~
We war
10 RAISE ms vast sum IS s.up.n
eous task and n that VIII Try the
met!e OF the nation as II . not peer
.led for a hundred years MOI only nas
we nation to md this vast sum, ou'
mas 70 find with II several mliiiohs
u us most active sons Tor inc nsh''hs
me
NO one can realize the Vastness OF
We task before h nation without ne
coming keenly conscious that II demands
.he STRENUOUS cooperation OF every mar
ana woman, youth and nader In the
,.pn'ry that the nations energies mus