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BACKGROUND
HONG KONG GOVERNMENT
NFORMACION
SERVICES
DAILY INFORMATION BULLETIN
SUPPLEMENT
Tuesday, December 20, 1966
HONG KONG'S DEFENCE CONTRIBUTION
H.E. The Governor's Broadcast Talk
The following in the full text of H.B. the Governor, Sir David
Trench's broadcast talk on Hong Kong's defence contribution over all
radio and televizion services tonight (Tuesday) :
"As you know, whenever we are faced with any situation which is
•
of deep concern to us all, I like to come to these studios myself to
explain what is happening. · Tonight, I want to tell you about the defence
contribution and the arrangements which have been arrived at as a result
of the negotiations which went on here during the Secretary of State's
recent visit.
"First, let me tell you something of the background. You have all,
no doubt, read about the economic difficulties which the United Kingdon
is having, and of the severe measures which the Government there have
taken to maintain the value of the pound sterling measures which have
already led to higher taxation, a sharp increase in unemployment and
many other difficulties for United Kingdom residents.
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The United Kingdom
Government's determination to preserve the pound is a decision which
closely affects us also, since the Hong Kong dollar is associated with the
pound, and the United Kingdom is the second biggest buyer of our goods.
/...