The Waterbury Democrat., 1932-12-01
BY HARRY L. PERCY United Pres. Stan Corresponds


 London, Dec 1--(U. P.) = The new British war debts note was cabied to Washington to-day with the hope and expectancy that the United States would grant post ponement of the s96,500, GOO pay ment due December 15.
 The government was understood to be ready to make the payment in gold, if necessary. It was expected that the note would be published simultaneously here and at Wash ington, probably saturday morn ing. fa
 The only statement that could be construed as official indication of the British attitude came from Stanley Baldwin, former prime min ister who Is lord president of the tho council in the present govern ment. Baldwin speaking to Q ca pacity audience at St Andrews hall. Glasgow, at the annual conference of the Scottish Unioriists Associa- ton, said:
 T have reason to believe that the American attitude is most friendly toward ourselves. These matters are delicate, and an unwise word may do great deal of harm to relations between both coun- tries."
 Baldwin declined to discuss the British. position on war debts. He spoke at length of the American position. He asked that British crit icism be restrained because it is difficult at the moment, politically and constitutionally. for America to act"
 He appealed to every British and American subject to refrain from referring to war. debts at present. However obscure, any statement would be cabled from one country to another and paid for by some one," Baldwin said, emphasizing the harm that such statements could do. ff
 Europe recognizes 1t as almost impossible under present world conditions to continue war debts and reparations payments, Baldwin said.
 stances has been such that the people realize that until those fet- ters are removed from the necks of the nations of Europe, 1t would be impossible to revert to freer cir culation of trade and commerce to facilitate the payment of debts and reparations between countries" he said.
 Chancellor of the Exchequer. Neville Chamberlain denied in the house of commons that the govern rnent already had shipped gold to New York to cover the debt pay ..x xssA Vtxn rtunr Mo 4autfr rriad 1,9s7,025 pounds ($e,sSS, ,e09) in bar goId when she sailed from southampton, and the Paris took 1,831,S92 pounds ($5, ,205,735l from Plymouth, but both shipments were said to have been made on behalf of foreign country.
 The laborite Daily Herald under stood that Britain was believed to have informed France that France was not expected to follow the British policy in paying the United States, if necessary. Lord Tyrrell, British ambassador to Paris, was said to have informed Prime Min ister Ramsay Macdonald of the poe litical crisis which has developed in France over the debt situation.
 The Daily Herald understood that the principal reason for Mac- donald accompanying Foreign Sec retary Sir John Simon to Geneva was to discuss with Premier Edou- ard Herriot the effect on the Lau- same separations agreement of payment of the British and French debt instalments. Macdonald and Sir John left by train at ? ?. m.
 It was reported to-day that prominent politicians, 1ndustrialists economists, and bankers attended c dinnor last night under such secret circumstances that even the wait CTS were ordered to leave the room after dinner was served, and the doors were locked. The men invited to the dinner were understood to have discussed the best means of resS we'd to impress on the govern- ment that there must be no return to the gold standard.
 It was understood that those who conferred last night planned to form an association to assist the government in economic recovery.
 Hoover To Get It
 Washington, Dec 1--(UP)- Great Britain's new plea for post ponement of its Dec IS war debt payment of $95,500.000 was ex- pected to be delivered to the state department today by the British ambassador, Sir Ronald Lindsay.
 It was believed President Hoover will place the British note before congress next week. Congress alone has authority to grant postpone ment of the entire payment.
 While conRreeemen awaited the elaborated British argument with keen interest, general sentiment in house and senate continued to oppose any extension of the mora torium, on debt payments.