CONFIDENTIAL

со

Dear Wilford.

بيلا

73

BANK OF ENGLAND

2.

3rd March 1970.

th

Sir L. Mos M. Carter Lusa 4/3 E??? Hong Kang Dapt.

2.

Kunliffe / No Spinally

Thank you for letting me know that Philip Haddon-Cave will succeed Sir John Cowperthwaite in April 1971. I am glad

that a firm decision has been made continued uncertainty could

have been damaging.

-

You may certainly take it that we will receive Haddon-Cave and do all we can to help. The time suggested would not seem to raise any special difficulties though it would,

I suggest, be a good thing to have the Fund/Bank Annual Meeting

out of the way before we take him on here.

I am copying this letter to Alastair Mackay.

Naturally nearer the time we and the Treasury will have to

dovetail our programmes. I certainly think he could usefully put in a fortnight

S

maybe three weeks - with us and in the City.

In the meantime rest assured the news of the

succession will be treated in the strictest confidence.

RECEIVED IN

Yours sincerely,

4/1

REGISTRY No. 51

170

HKK1/19

K.M.Wilford, Esq., C.M.G.

Eni Haslam

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