The New York herald., 1921-10-07
CHURCHILL REbUKED
BY LLOYD GEORGE
Premier Takes Him to Task
for Suggesting Cancella-
tiOn Of Debt.
WANTS NO FAVORS HERE
British Will Not Risk Repeti-
tion of Rebuff in Will
sons Time.
WANTS NO FAvORS HERE

Special Cable to THE New YORK HERALD.
New York Herald Bureau.
London. Oct. g.
Although Mr.. Lloyd George returned
to London but thirty-siX hours ago he
has conferred with members of the
Cabinet on the Forthcoming Washing
ton conference on the elimination Of
armament and Far Eastern questions.
the unemployment conditions and the
Irish problem.
Perhaps the most important devel-
opment is that Winston Spencer
Churchill, Secretary of State for the
Colonies. has been more or less Sc
verely rebuked in official circles for
his Dundee speech recently In which
he suggested the cancellation Of the
allied war debts. With Mr.. Churchill
those Government newspapers which
have been suggesting such a move
likewise were told tonight that the
position Of the Government was that
under no circumstances would the
slightest hint OF Great Britain's de-
sire to be relieved of her indebtedness
10 the United States be made either
In Washington or elsewhere.
Officially II was stated that this agi-
tation for cancellation of war debts
comes from banking circles exclusively,
and that the Government would under
no circumstances risk a repetition Of the
rebuff received when Austen Chamber
lain. then Chancellor OF the Exchequer.
made the same kind of suggestion to
President Wilson's Administration.
Interest TO BE Met.
The bulk OF British traders and work
men are beginning to see painfully that
the disparity in exchanges is what is
crippling British trade and might well
come a cancellation OF the debts which
hitherto have only been paper entries in
Great Britain's books and In connection
with which there has been no sign OF
coming payment of interest OF principal
However. while Great Britain has not
paid any interest to the United States
according to the agreement she Is pre-
pairing TO take up this burden when II
Is due next year. and meanwhile she Is
determined to meet all her present and
future maturities in the United States.
In certain circles here. II Is held. they
are content to wait for cancellation of
these debts until the American trader
and farmer feel the bite. when it Is no
longer possible ror them to sell their
produce In Europe.
Pending this state OF affairs the only
reason against a cancellation OF the
Continental debts TO Great Britain Is be-
cause these debts have proved already
valuable diplomatic lever In certain
cases and one which the British Foreign
Officc is ioath TO abandon.
Although the personnel OF the British
delegation TO the Washington conference
has not hecn fixed definitely yet and
probably will not be announced officially
until Parliament meets on October is.
THE NEW YORK HERALD correspondent
here Is able TO state that the following
tentative arrangements emerged tonight
from series of Informal conferences
between Mr.. Lloyd George. Lord Curzon
Secretary of State for Foreign Affairs
and others here to-day.
premier TO stay at Home.
II is still quite impossible for Mr.
Lloyd George to attend the opening OF
the conference I'm Washington. and Il is
increasingly probable that he will not
20 there at all. Lord Lee OF Fareham
First Lord OF the Admiralty. ms a mem
Der OF the delegation Is regarded as a
certainty. and the chances OF Arthur j.
Baifour heading the mission are better
than they were few days ago. while
the possibility OF Andrew Bonar Law
going TO washington diminishes.
News received here tonight incline
many persons TO believe that Sir Robert
Borden will represent Canada and be
a full member OF the mission.
Since Mr.. Lloyd Georges return home
Continued on Fourth Page
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