GRS 172
(AMENDED DISTRIBUTION 15 AUGUST 1973)
A CLAIR
FM HONGKONG 150800Z
UNCLASSIFIED
[ORWELL]
AUG INFO
TO ROUTINE ESD TEL ESBOT 327 OF 15 AUG/INFO FCO
FOR MISS LACKEY (CRE 2) FROM ASTON
REPEATED SEPARATELY TO FCO FOR STUART CHKIOD), FINLAYSON (EPO)
AND CAMBRIDGE (FPD)
(92)
R
IN
MY CREDA 76 AND 78
R-C
51
STERLING
1/ALUW73
WKK SLL
HONG KONG STANDARD IN DELAYED EDITORIAL COMMENT TODAY (15) SAYS
THAT LEADING.FINANCIAL AND POLITICAL LEADERS HAVE RIGHTY
CRITICISED LONDON'S HIGH-HANDED ATTITUDE...... WHAT HAS IRKED
LOCAL LEADERS IS THE DISINCLINATION OF BRITAIN EITHER TO NEGOTIATE
· MEANINGFULLY OR TO ASSURE THE COLONY WHOSE ECONOMIC WELL BEING IS
VITALLY LINKED WITH ITS EXTERNAL TRADE'' AFTER ACKNOWLEDG I NG
BRITAIN ''MONETARY PROBLEMS VISA-VIS THE STRONGER CURRENCIES OF
WESTERN EUROPE' AND THE ''DIFFICULT POSITION OF THE COLONIAL
CIVIL SERVANTS', IT WARNS THAT THE BRITISH GOVERNMENT CAN ''ILL
AFFORD TO FORGET THE FACT THAT HONG KONG HAS BUILT A STRONG ECONOMY
ON HER OWN EFFORTS WITHOUT EXTERNAL HELP AND THAT CONINUED WELL
/BEING
ве
96
PA
7/