Thank you for your replies.. and thus it seemed we needed to do a creative work around.
I have on hand a 52mm Pol for my Nikon 35mm, so went and tried it on/in the lens hood. To loose, but close.
So took a black wire tie, and cut the trail and head off. Heated it up and formed it into a smaller circle than 52 mm
Placed it on the threaded end of the 52mm Pol, and then used red duck tape cut to about a 1.4" to hold it place, for a couple of turns, and now can friction place it into the hood, with the capability to adjust it, and remove it.
Because its a 101mm Ektar, with Hood attached to a 1 1/4" to 315mm adapter, the 52mm Pol on the Hood, is wide enough and is not interfering as far as I could tell with the image on the ground glass.
As for adjustment, one can adjust it with the ground glass, or as I have done in the past, when hand holding the Pol, adjust to the scene, and then carefully hold in front of lens. Now I can just insert the Pol into the Hood, focus and take the shot. Not having to have the camera on a tripod, as we did in the past, as did not have enough hands to do it all, giving me more freedom and flexibility.

Yahoooo...
The only time I may get in trouble with the Pol being about 1/2" from the surface of the lens, may be when I would do close ups. But then most likely would not need or want a Polarizer on.
Now we need to purchase another 52mm for the 35mm as this one has been confiscated and stolen by the bigger boy, .. MF.