Sure
should have to be
that the loan would be fully
subscribed and this would entail a certain amount of
encouragement to firms with trading connexions in the area.
We have some reason to believe that to proceed in this way
would be welcome in the Colony and achieve the objective
at which we are aiming.
5. It is, of course, impossible to put such a matter
through very quickly and certainly not before Mr. Royle's
visit to Hong Kong between 9 and 13 October. (for the Kaitak extension
Tenders close
on 12 October so there is bound to be even more speculation
than usual about H,M,G,'s intentions.
For the present I
believe that the situation could be held if H.M.G were
H2M, Gy
prepared to consider the second possibility set out above
(on the assumption that the first is a non-starter) and
crid
that Mr. Royle be authorised to say in reply to enquiries
that H.M.G
H&M, G
is
are looking at the question of assistance to the
Hong Kong Government in respect of the extension of Kai Tak
in the context of the overall review of the nation's economy
in which they have been engaged since taking office in mid-
June.
6.
Time of
ee it questimer)
(for MiRoyle to use
If this could be agreed now, the matter of how best
(of substance
to meet this political problem can be pursued through to meet this political proble
Whitehall machinery.
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29
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}