3.
SECRET
It is confirmed that conditions (A) and (B)
of your paragraph 3 may be included.
4.
Your paragraphs 5 and 6. Your arguments
are fully understood but the fact remains that
under your own proposals HMG would receive
£3.5 million less during period 1971/2 to 1975/6
than under the terms conveyed in paragraph 2 of
my telegram No 553.
5. Your paragraph 8 is noted but in seeking to
secure support of Executive Council for our
proposals, as I now ask you to do, you should not
say anything at this stage about the use of the
reserved powers.
(8430) Dd,033246 600m 9/66 G.W.B.Ltd. Gp.963
J
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