(which FED had cleared)
draft, to
make
it less negative.
However, FED feel unable to
this
and
have
alternative (Mr Paul's
Sanction
provided
ап
minute of 24 August, which has been cleared with Mr McLaren.)
which strikes
те
as
too
negative to
be
worth
including in
a
letter to the
as he already
Governor (especially
knows what is said in the
draft).
4. In this case
alternatives.
we have two
a) telling Info. Dept that there valid political arguments
are
по
and leaving them to draft the
letter
6) providing
unes
technical points;
a passage
on the
of the FED draft which
shows that the political
are evenly
effects
My own
do
weld
evenly balanced. preferences b) but I thank info lepit would
not the
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44