}
Flaq
Flaq
Flag
Flag 132
Sir. A. Galsworthy
MR. Mason
134
with (thro' Swi A.
Grattan-Bellew)
You will recall
Lord
"Shepherd's letter of 3151- July to hord
Brown
2.
*
and
The letter which crossed it
from No. Conterall of ECGI) to Pr. Lucast of the Treasury.
In discussion with Lord Shepherd he
suggested
that
we should quickly scotch
the proposition put in the ECG) letter by
3.
means of
of a further
further letter to Lord Brown, I thought it advisable, however,
draft should be
4.
That my
seen by legal advisers.
You will wish to see Sir A. Grattan-Bellew's
advice in
his minute of 28" August.
This is, I think, the end of the road
so far
an
we are concerned. A Hong Kong Gort quarantee for the whole loan is,
I am
quite sure, out of the question.
Short of
a ministerial direction to
ECGD
to
S can see
In view of
(Ghere
no way
The portical risk,
ont
The support of
The impasse.
B.
· of Trade
mariesters for ECGI)'s stand, such a
direction
would seemingly require the
elevation of the matter to Cabinet level.
In the curauenstances
and subject to
Sui A. Grattan- Bellew's comments-