21 JU4507
TELEX-OUT
MR. J. SOWDEN
FROM THE CROSS-HARBOUR TUNNEL COMPANY
21ST JULY, 1967
YOUR TELEX 20TH JULY. REFERENCE (B) HAVE CONSULTED WITH
GOVERNMENT AND REGRET CANNOT UNDER ANY CIRCUMSTANCES PROCEED
FURTHER UNLESS YOU AGREE THE FUNDAMENTAL PRINCIPLE THAT AN
EXACT BUDGET DE DRAWN-UP FOR THESE ITEMS AND A CEILING ON
OUR EXPENDITURE ANTICIPATED, NEGOTIATED AND AGREED. THIS IS
BASIS PROMISED TO GOVERNMENT AND OUR SHAREHOLDERS AND TO ACCEPT
ANYTHING LESS WILL NEGATE ALL EFFORTS MADE TO DATE.
ALL OTHER MATTERS AGREED BUT WE MUST HAVE YOUR CONFIRMATION
THIS POINT.+?
MESSAGE ENDS
HOW RECD+7
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