CONFIDENTIAL
PRIORITY.
GR 115
CYPHER CAT A
FM BANGKOK #50833Z OCT
M
RAGERY No. 31
TOP COPI
PA
183
CONFIDENTIAL
8 OCT 1973
HKK 571
TO PRIORITY F C O TELNO 431 OF 5 OCTOBER 73. FOLLOWING HK AND 10 DEPT FROM APS/MR ROYLE
8
1. HADDON-CAVE IS MOST CONCERNED ABOUT THE WAY THE PROBLEM OF HONG KONG'S STERLING BALANCES IS BEING HANDLED IN LONDON AND THINKS THERE IS A LACK OF WILLINGNESS ON THE PART OF FCO OFFICIALS TO FIND A VIABLE SOLUTION OR TO HELP WITH THE TREASURY. HE HAS BEEN EXPRESSING THESE VIEWS QUITE OPENLY IN SINGAPORE. HE MAINTAINS STRONGLY THAT HIS FIRST LOYALTY IS TO HONG KONG AND THAT IF HE FAILS TO SECURE A SATISFACTORY AGREEMENT ON STERLING HE WILL
SERIOUSLY CONSIDER RESIGNING.
DE LA MARE
FILES
HKIOD
SIR D. WATSON
NIR YOUDE
CONFIDENTIAL