4

Copy for D.C. Smith, Esq.

"

at the Board of Trade

[Dear David,}

BANK OF ENGLAND

London EC2R

SAN

16th September 1970.

6

Financial Guarantee No.903 Hong Kong Underground Railway

Please refer to Norman Hooker's letter of 9th September.

We have no particular comments to offer at this stage,

except that we support the suggestion in paragraph & of Hooker's

letter that the Hong Kong Government must participate.

I am copying this to Hooker, Rawlings, Clement, Thain,

Harding, Beaven and D.C.Smith.

[Yours sincerely, ]

(Signed) G. M. LAMBERT

D.L.Hawkins, Esq.,

[H.M.Treasury,

Great George Street, S.W.1.]

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