A
Зі
GRS 150
FRIORITY
EN CLAIR
FM HONG KONG 200840Z
UNCLASSIFIED
REL
RS.
2 J Arkall
LART
HKK 100/2
33
Hi
TO PRIORITY F C O TELEGRAM NO 400 OF 20 APRIL INFO PRIORITY HONG KONG GOVERNMENT OFFICE LONDON.
FOR STEWART FROM HADDON-CAVE.
BUDGET DEBATE.
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FURTHER TO THE EXCHANGE OF TELEGRAMS RESTING WITH YOUR NO 287, I AM SENDING SIX COPIES OF OFFICIAL SPEECHES, INCLUDING MY WINDING-UP SPEECH, TO YOU TO-DAY BY BAG NO A47.
2. MY SPEECH CONSISTS OF A SERIES OF REPLIES TO SPECIFIC POINTS
RAISED BY MEMBERS. THE ONLY POINT OF ANY REAL SUBSTANCE IS THAT I HAVE DECIDED TO PROPOSE A REDUCATION OF THE CLAWBACK APPLICABLE TO SUPPLEMENTARY BASIC ALLOWANCES FROM 208 TO 15% AT A COST TO THE REVENUE IN 1977-78 OF A MODEST DOLLARS 10 MILLION.
MACLEHOSE
FILES
HK & GD
COPIES TO:
HONG KONG GOVERNMENT OFFICE