9. The Government of Bermuda would wish to proceed to
detailed discussions with regard to the proposals con-
tained herein at the earliest possible moment in order to see what practical steps should be taken now, The
:
Government of Bermuda would also' hope that it will receive
the active assistance of Her Majesty's Government in
implementing the proposals. The Government of Bermuda
wishes to stress that it has no intention of creating a
"flag of convenience" (in the derogatory sense' in which
that expression is normally used), but to maintain phe
highest standards for the ships, officers and crews; under
its flag.
In achieving this aim it would have regard
primarily to the high standards and traditions of the
British merchant marine and to the legislation and
practices established in the U.K.
6..