News of The Week
THE 'manifesto by distinguished bankers and business men of several European nations and of America which was published in the papers of Wednesday is a very _welcome and very significant event. Last week we indieatid the importance of the discussions which took place *at. Colonel Wilfrid Ashley's honk. The bankers' manifesto is planned on the same lines of thought ; it looks to co-operation instead of to rivalry as the solution of Europe's troubles. Our City Editor has written elsewhere an analysis of the manifesto and we need say little about its details here. We must confess, however, how greatly we are encouraged by the assurance that men of financial and commercial eminence in the most advanced countries believe that it is possible to knock away ;many of the paralysing restrictions which have been placed upon trade since the War. • , - -
