Show England Prepares T To o Draft Revised Debts D Delay lay I Note British Prime Minister Summons Leaders to Special Sunday Meeting to Study Document B By fly United PUll Press Great Britain today planned a new appeal to the United States for suspension of its December 15 war debt payment Prime Minister MacDonald said he was still hopeful the postponement could be arranged although the United States in notes to Britain France and Belgium said such concessions were impossible MacDonald was reported to have summoned leading cabinet members to a special meeting Sunday to begin drafting a new note to America The American notes while refusing Europe's request for tor delaying December payments promised that Pre President ident Hoover would ask congress to create a commission to reexamine reexamine reexamine re- re examine the whole debt situation as the allied powers ask Congressional leaders and elect dent Roosevelt oppose Mr Hoevers Hoever's Hoovers Hoover's Hoovers Hoover's Hoo Hoe vers ver's plan Congressional sentiment strongly opposes any reconsideration or reduction of the debts Roosevelt recently said any negotiations should be confined to usual diplomatic chan chan- nels a aParis Paris reports indicated Frances France's reply reply re re- ply to the U U. S. S note would not press the postponement issue but would again urge the need of an International conference to lo consider the debt problem France with large gold reserves reserves reserves re re- re- re serves Is considered able to meet her I December instalment without with I out difficulty British financiers were considering I taking advantage l of Mr of to fer-to fer permit debtors debtors' pay in-De- in cember without actually transferring gold to this country The British proposed proposed pro pro- posed to set aside the necessary 95 of ot gold place it at the call of the U U. S. S but ask sk that it it not be transferred to this country until financial financial finan inan cial conditions improve President Hoover offered this concession concession concession con con- cession to debtors in a statement last week The plan would require approval ap of congress but leaders of both parties indicated they would agree to toiL it S French Nationalists Oppose Any Payment By Dy RICHARD D. D ll 1 PARIS Nov 26 UP UP Nationalist members of the French chamber of deputies took the initiative today in opposing payment of any description description tion on the war debt to the United States Deputy Louis Marin moved to table tablea a motion proposing that the chamber refuse payment of any description including in the suggested payment to the Bank for International Settlements The government was not expected to oppose the motion and to permit immediate debate If It the chamber makes its own decision Premier Edouard Edouard Ed Ed- Herriot will escape the risk of defeat of his government The cabinet c made only a 3 hasty examination ex cx- of the W Washington note to to- day but Herriot and Finance Minister Germ Martin Germain-Martin were expected to begin begin be be- gin a detailed study tomorrow with expert assistance The cabinets cabinet's decision deci sion on the December payment was expected Monday or Tuesday The government however awaited the British decision on the December 15 debt payment before deciding on the French attitude Meanwhile it was learned from Marseilles Marseilles Mar Mar- seilles that orders were given to rush overland to England shipments of In In- gold amounting to now now en route to the British capital Th The gold will be taken off oft steamers when it reaches Marseilles from India In In- dia shipped across Fr France nce by rail or motor and transported across thEn the th gUsh Klish lish channel by fast boat British of ot were understood to have or dered speeding up of the shipment in order to support the pound sterling against the December debt payment It was estimated here that Britain Continued on Pate Page Two I r CABINET CALLED GALLED IN CONFERENCE e Continued Prom From P Page Pac za One had imported approximately In Indian Idia gold since ando abandoning abandon 0 lag ing ig the gold standard Much of the theold neat nent gold old was wa re-exported re to the conti conti- Norman H. H Davis member of te the United States disarmament tion ton to Geneva arrived to attend the te funeral of former Undersecretary oi ci State Robert E. E Olds aIds He will vill wi see Herriot Her riot during the week v British Consider Delay World Need By W. W G. G United Press Pres Staff Staf Correspondent LONDON Nov 25 2 of British debt payments payment to the Unit United United United ed States and ad an exchange of ofie ie views view on the world economic situation an arc Il necessary to save the world word fron fre economic madness a according ordic t fc t British government officials The British government still con considers considers considers siders postponement of the debts debt du duc December 15 possible if i the two na will have havea a real meeting er if er-if if both sides can put in i the shoes of the other Prime Prie Mm Min Minister Minister other ister J. J Ramsay MacDonald d said sad We hope the United States wI agree e to postponement of the war deb debt payments payment MacDonald said sid in th thi first official reference to the present stage of the debts debt question queston We asked uke that the date of ot payment be post postponed postponed pt while there is JS an for an exchange of views on the gen general general general eral situation w while bile war debts debt debt arc legal obligations the they are tanta tantamount tnt mount to economic madness Chancellor Chancelor of the Exchequer Ne NevIe Neville ville vIe Chamberlain speaking at Birmingham Birro Birin ingham said he appreciated that Pre Fres ident ideal Hoover considers the request reque for further discussion of the debt sit sitUation situation a reasonable one The Te pronouncements by the twi cabinet ministers confirmed the grow growing growing growing ing impression that would be fought for with wih characteristic tic tc British doggedness The Te govern government government go er ment will wI attempt to convince th Vu tl United States that economic worle recovery hangs In the balance There was was nothing in the remark remarks of Tere either spokesman to indicate thai Pr President Hoovers Hoover's war var debt noti dampened dampen cd in slightest the official con conviction conviction victon th that t the United Unie States States' wll wi concede postponement postponement On the con COO contrary contrary the government grasped grase th thc opportunity ty to present a new and detailed de tie tailed case for postponement to b bt b contained in a note to expected to be dispatched Monday 01 ci Tuesday EXPECT TRUMP P CARD This new note not was expected to b bc b Britain's Briais trump card in the war debts debt debt negotiations The entire country wa WI a entre intensely interested in the lions tons King George took an active Interest and summoned Sir Roberl Rober permanent r of state for foreign affairs to Buckingham Bucking ham palace last evening Members of the cabinet were u es to gather at the prime mini minu miu ter's country residence over county the week end wee wee-nd for discussion of ol debts debt Foreign Secretary Sir Jo Jo Simon returns return today from Geneva Geneva The Te Daiy Daily Mail Mal understood that MaeDonald Mat Mae Mac Donald would woud summon leading members men mem mem bers of the cabinet to 10 street Sunday night but it was said at the foreign office that no general gathering was expected until Mon Moa Monday day |