Mr Holland
SECRET
1.
As a result of the minutes by Sir D Watson, Mr Wilford and yourself (all attached), I agreed with Sir D Watson that I would try a new draft to the Governor of Hong Kong. This would set out the possibilities on the lines we discussed but would also include your reservations about the lay nature of our expertise in this subject and about the inadvisability of going any further without consulting the Treasury and the Bank.
2.
I have accordingly tried my hand at the attached draft. I would be very grateful for any comments or amendments before submitting it to Sir D Watson.
17 September 1974
M.. Stud
у
vies.
A most useful draft.in
§7. It is not just H-K?
montin and
gu cisnes
world gamally. (The
by th
A C Stuart
Hong Kong & Indian Ocean Dept.
I would suggest :-
that wit
a survey;
with it is the news to
in Il context of a growing
U blave
it, of foreipers, the less repropont
1. §7 on thecharts. Should
Commen
be post
M
comomie & francial in aliis in it
the incompetion, as he wil
a sway might be be to Philips Houlding love)
not acknowledge that
in line with what (or so I understand)
was it Govean's
hand words with U Gorana 1 4 Bank of Bangla)?
11. §9. I wout's like to see in il letter
Coverage:
recape; indeed what
he
present thoughts
very
thinking when, eg, he
specific request for Il Goreno's views on
I day problems. His
Amper
the amiral Gubernatonal ingrat into whithall discussions.
iv. $10. I would see
about
A
this could be
great advantage in strengthening the present very granted passage
FCO political presence.
I bel
mum that it Hormon will wish to
be armed (o I think it is night anyway) that U FCC will keep a political
Srip
this which exercise, & not hand it over
As the technicians.
18/9
SECRET