TIEDIATE

CYPHER CAT A

4 FCO 9118152

SECRET

SECRET

÷

(HKD)

TO IMMEDIATE HONG KONG TELNO, 96 OF 1 FEBRUARY

PERSONAL FOR GOVERNOR.

YOUR TELNO. 49: DEFENCE CONTRIBUTION.

LARY

REF.

NEXT

REF.

FOLLOWING IS CONFIRMATION OF YOUR TELEPHONE CONVERSATION WITH

MONSON

1.. SUBJECT TO WHAT FOLLOWS, WE HAVE SUCCEEDED IN REACHING

INTER-DEPARTMENTAL AGREEMENT AT OFFICIAL LEVEL ON THE BASIS

OF YOUR OFFER TO ATTEMPT TO NEGOTIATE A TOTAL CONTRIBUTION OF

20 1/2 MILLION ANNUALLY FOR FIVE YEARS.

2.

ABOVE AGREEMENT IS SUBJECT TO AGREEMENT ALSO BEING REACHED ON

FOLLOWING POINTS:

(1) YOUR PARAGRAPH 5. DEPARTMENTS HERE WOULD PREFER IT IF FIGURE TO DE USED FOR CAPITAL WORKS DID NOT EXCEED A MILLION, SINCE TO QUOTE A FIGURE OF $2 MILLION FOR THIS PURPOSE WOULD REDUCE AMOUNT FOR RECURRENT EXPENDITURE TO AN UNACCEPTABLY LOW FIGURE TO DEFEND

IN ABSHER TO QUESTIONS HERE, ARE WE RIGHT IN THINKING THAT LOWER

FICURE WOULD NOT PRESENT YOU WITH DIFFICULTIES ?

EFUL

(C) YOUR PARAGRAPH 3. GRATEFUL FOR CONFIRMATION THAT FIGURE OF 62.2 MILLION INCLUDES MINOR WORKS AS WELL AS MAINTENANCE. MAY

WE TAKE IT THAT IN THE EVENT OF ANY UNDER-EXPENDITURE OR OVER-

EXPENDITURE ON THIS FICURE, SAVINGS OR EXCESS EXPENDITURE WILL LIE

KHERS THEY FALL ?

(3) YOUR PARAGRAPH 7. WE THINK IT WOULD BE REASONABLE TO SUGGEST

A SIMILAR PROVISION FOR REVIEW IN THE EVENT THAT CAPITAL WORKS COSTS INCREASED BY MORE THAN 50% ABOVE APRIL 1970, PRICES. (SUCH AN

INCREASE COULD HARDLY DERIVE TO ANY DEGREE FROM INFLATION IN THE

U.K.) WOULD THIS BE ACCEPTABLE ?

130

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