SECRET
RECEIVE
(201
10 JAN 273
11 JAN 1973
MF9/3931
Markall
8th January 1973.
A
【Dear Geoffrey,]
Hong Kong
Mr. Kaway Plean
collent At fp. Will this
JJAC? come up cr Thank you for your letter of 3rd January. I agree that it
would be useful to have a talk about the implications of the Governor'
letter and am enclosing a short commentary on the letter, which might
serve to start off the discussions. Perhaps we could meet later
this week.
I entirely agree with the second point in paragraph 2 of
I alao your letter, and this is. I think, brought out in the note.
take the first point, though, to do the Governor justice, he is not
We know, of actually suggesting a guarantee in terms of the yen.
course, that Haddon-Cavo still has hopes of a Hong Kong dollar
guarantee.
(F.c.o.)
I am sending a copy of this letter and enclosure to Keeble
J.G.Littler, Esq.
HMT
[Yours sincerely,]
PA
(Signed) Stanley Payton
Z
сору
to M
Straff, HKIOD
SECRET M. Cow