Economists Dept:
(1) Dislike the general tone of the speech as too pompous and 'vice-regal'. (See minute attached
(2) Opening paragraph gives impression that Hong Kong is more dependent on decisions taken in London than in fact is the case.
(3) Consider penultimate
sentence of paragraph 13 implies Hong Kong have not shown sufficient regard for social welfare.
Suggested amendments:
Para 3: "liberal trading policies generally serve our national interests best, and we will have every incentive to pursue those policies when we are members of the Community. Your textile manufacturers, for example..
Omit Paragraph 4.
#1
Omit second sentence of Paragraph 9.
Change reference of "this city" to "this Colony".
20 January 1972
P.M. Kelly
P M Kelly