NOTHING TO BE WRITTEN IN THIS MARGIN
Wl
Date and time (G.M.T.) telegram should
reach addressee(s)
Registry No.
DEPARTMENT
HW
HALOD
SECURITY CLASSIFICATION
Top Secret
Secret
Confidential
Restricted
Unclassified
PRIORITY MARKINGS
(Date)
Flash Immediate Priority
"Koutine
}
***
Despatched
Cupseded
PRIVACY MARKING
En Clair. Code
Cypher
[Sec
In Confidence
Security classification -if any
CONFIDENTIAL
[
Privacy marking -if any
]
[Codeword-if any]
ORWELK
Addressed to
GOVERNOR HONG KONG.
telegram No.
..(date)
1 AUGUST 1973
Draft Telegram to:-
No.
(Date)
And to:-
Repeat to:-
Saving to:-
Distribution:-
Copies to:-
And to
repeated for information to
Saving to...
1.
MY TELEGRAM NO 726 AND YOUR 817: STERLING AGREEMENT
You will now have seen the Chancellor's message
in my telegram No 742 and will have realised that it
can not now be assumed that no arrangements will be
made in relation to official sterling balances after
24 September.
2. We assume that paragraph 5 of your telegram
refers to action which might be taken after
24 September/were there to be no arrangements about
the official sterling balances.
3. We could not of course endorse
nor would you
expect us//to - any diversification of your own
official/reserves or your encouragement to the
cial
erve
commercial banks to diversify out of sterling.
W
We
trust that any action on these lines ould only
arise after a balanced consideration of the interests
/of
CONFIDENTIAL