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3. TURNING TO THE CARRYOVER AND RELEASE OF BALANCES OF 1967
RESERVES, PLEASE INDICATE TO VERHAGEN THAT
(A) THEIR AGREEMENT TO RELEASE RESERVES IS MUCH APPRECIATED SEMICOLON
C) WE ACCEPT THEIR STIPULATION THAT HANDKERCHIEF EXCESS SE DEDUCTED
FROM BALANCES TO GE CARRIED OVER. IF YOU CONSIDER VERHAGEN
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WILL ACCEPT WHOLE OF DEBIŤ IN BED LINEN, PLEASE MAKE OFFER.
ALTERNATIVELY, COMPENSATION MAY BE DEBITTED PRO RATA OVER OTHER
FIVE CATEGORIES. THIS MIGHT APPEAL AND 13 UNLIKELY TO COST
US ANYTHING.IN REAL TERMS SEMICOLON,
(C) TWO TRANCHES WOULD BE MOST WE COULD ACCEPT FOR REASONS IN PARA
2. ABOVE, AND TO CAFEGUARD OUR DOCTRINAL POSITION VE WOULD
ALMINISTER 1987 AND 1968/69 RESERVES RELEASED UNDER THE SAME
TWO-PART SCHEME.
ENDORSEMENT AND RECORDING PROCELUNES REQUIRED
BY DENELUX AUTHORITIES COULD BE MET WITHOUT ANY DIFFICULTIES.
(D) WE HONESTLY DO NOT ENVISAGE ANY EMBARRASSING CONCHITRATION
OF SHIPMENTS WILL RESULT IF THE TWO-PHASE, SYNCHRONISED SCHEME
CULL SUGGESTED IN CO) ABOVE IS ADOPTED. THE MARKET IS RATHER CULL
AND THIS PREDICTION IS THEREFORE REASONABLE. IMPORTANT THING
FOR US IS TO RAINTAIN OUR ACCESS TO THE MARKET AND FIRMLY RESIST
INPOSITION OF UNWARRANTED SPACING ARRANGEMENTS.
4.
IF YOU SEE NO OBJECTIONS TO FOREGOING, GRATEFUL IF YOU COULD
ITORM VERHAGEN ACCORDINGLY AND REPORT DEFORE PROCEEDING ON
SICK LEAVE.
CFCG PLS PASS TO BRUSSELS)
CIR D. TRENCH
PILES
H.K. DEPT.
[REPEATED AS REQUESTED
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