3 JULY 1915, Page 11

Mr. Boner Law warned his hearers that the apparent prosperity

of industry was on a false foundation, and that sooner or later the nation would have to pay for its unpro- ductive expenditure. He had a special warning for the men who control large amounts of capital. "Invest your money now.. . . The State needs the money, and by one means or another, if the money is here, the State will have it for the national needs." A forced loan would be disastrous, but he was sure that it would not be necessary. He was confident as to the outcome of the war. Optimism and pessimism he deprecated. The enemy were very strong; but the resources on the side of the Allies were far greater. Although we were rightly proud of our allies, we must trust to ourselves. As a nation we were being tested, and we should stand the test. The staying-power of the nation would not fail. The Bishop of London placed the whole organization of the Church in London at the disposal of the Government for the purposes of the National Register as well as for the promotion of thrift.