London Correspondent Harold E. Scarborough of the New York Herald Tribune cabled last week:
"If London last week viewed the international situation with misgiving, 'unmitigated gloom' would be the only phrase to characterize this week's mood. Only on one or two occasions since the war has the British capital indulged so openly in alarmist talk.
"On Thursday afternoon the city of London gave itself up to a perfect orgy of gloom, and one friendly financier warned his newspaper friends that they had better draw what cash they were likely to need for some time, as the Bank of England was going to...