The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1933-06-08
Secretary Hull
Reaches England
(Continued from Page l.,
but that war debts talks arc
barred,

but that war debts talks are
barred.
''That subject is altogether out
side the purposes OF the confer
ence," he said. II have nothing
to say regarding payment by Brit
ain Of the debt installment due
next Thursday.
"That question will be handled
exclusively by government officials
at Washington. cannot empha-
size that too strongly. We are
confined to our instructions for the
economic conference"
He also said disarmament would
be excluded from their mission, be-
ing left entirely to Norman H.
Davis and officials in Washington.
There is a feeling Of hopeful
ness in the United States regard
ing the issue of the conference.
Hull added, especially after six
weeks of preliminary conversations
between officials of Great Britain
and ten other countries.
"The nations have suffered
enough from barriers and restric-
lions. A serious problem has
arisen that calls for international
action. Trade is being destroyed
by these extreme economic bar.
riers and must be restored.
"My hope is that It will be
achieved as the ultimate issue of
the conference"
British to Make Offer
London, June S-(UP)-The
cabinet Friday will approve a last
minute offer to the United States
for the settlement OF the war debt
payment due June Is, 1t was
learned officially to-day.
It was believed the cabinet pro-
posal would suggest meeting the
payment with 100000 pounds
($49,140.000 at to-day's opening
quotation) In silver.
officials were obviously disap-
pointed that President Roosevelt
had taken no action concerning
the payment. The cabinet was rep.
resented as being reconciled to the
necessity of making decisive
move.
It was said officially that no an
nouncement ,of the cabinet verdict
would be made until the proposal
had been conveyed to Washington.
Authorities, however, referred to
the "silver lining" in the war debt
cloud.
II permitted to pay in silver.
Great Britain would effect large
reduction. The amount due in
gold Is $75,950,000.
1t was considered, possible that
Secretary of State Cordell Hull,
who arrives to-day with the Amer
lean delegation to the economic
conference. would confer with
Prime Minister Ramsay MacDon-
aid before the cabinet meeting. II
was officially stated, though. that
Hull had made no arrangements
for such conference. The talk.
II held, would enable Hull to in
form Macdonald of President
Roosevelt's newest views on the
debt problem.
Belgium to Default
Brussels, Belgium, June s.
(UP)-Belgium was regarded to-
day as certain to default her June
Is war debt installment to the
United States, amounting to $6,-
325, 900.
Announcement Of intention to
default was withheld because the
other nations have made no an
nouncement. Belgium also de-
faulted her payment last Deem
Der 18th
France Still Firm
Paris, June S-(UP)-French
official circles believed to-day that
Britain would pay her war debt in
stallment to Washington next
week. but the French decision
against paying has not been
changed.
Pre- mier Edouard Daladier
planned to start for London on
Sunday, to be gone at least until
Wednesday. He has not called
cabinet meeting for Thursday.
when the debt. is due.