"

the result of

The other posaibility soon s

the use of th

purchasing power of Hong Kong's publie authorities.

wernment's recurrent und mugital apmaiture 1966/67, mimus personal emolumenta and ¦ ersion, is

Early

This is a pretty formid-

:

ir, Haddon-jave implied time

abie saount.

Er. Cowperthwaite would be very unwilling to vee MOTOFRMENĖ JArehasing power for this purpose and would stick rigidly to the primeiple of buying in the sheeport market öven on purely publie finance grounds, this sems to me an unnecessarily rigid attitude.

If, say, vmnoe (as is the case) applies severe restrictions on

in, orts from Hong Kong, i osnant see the justifie tien

of awrling contracts to Fronan fime, even if th

prices are marginally lower than those of other

tractors. (à connot believe that the market is all

If the cord of eartreta ozuld be

conditioned on some relaxation of quetas, I should

hot Hong Kong world tend to pic. other words, long kong's present lack of bargaining poser is to scae extent/a self-denying ordinanes on

Nono Tongs poste

(a) Peolemtion of Intent

Is

The Hong Kong dologxtlon agosted that tomore aight be

advantage if the Urb, Goo

tino ao they lotuso the Conson a, #

dokuzation shuting toasts in view of it azookal

weaponsabilition for the topeniant territorion, would continue to protect their economiqä interests.

of omurao the Gould argue that

Ducan fic nh dooleonti

the Community

tars than no sono hould do 00

tempstantial decore in the attuation Lo

obtained occsessions

olon In the Community みつ

motion

SOBOGSEiers.

done to have t

advantages.

First, presentationally it would be useful in liong long as indicating that, although ve had obtained no special provialen for the Colony, we ware not throwing thes to the wolves in commercial matters. (The declaration sould farsally apply to

all denoiencies, but it would be generally uzierstood

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