CONFIDENTIAL

the Turmel Company, must not be informed of any

undertaking the Hong Kong Government might give

to find additional finance lest they be encouraged

to carelessness or extravaganos by the knowledge

that the Hong Kong Government will foot the

rosul tadis bill. The risk that it may be divulged

in the course of necessary legislative processes

one that the Hong Kong Government would have

tako. Ve for our part aammo that if Coetnina aak

for some such guarantee thay will soak it (and got

it) from the Tunnel Company.

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