OUT TELEGRAM
Classification and Caveats
SECRET
ZCZC
1
ZCZC
GRS
2 GRS
CLASS
3
SECRET
CAVEATS
4
DESKBY
5 DESKBY 130005Z
FM FCO
PRE/ADD
6 FM FCO
Precedence Deskby
IMMEDIATE DESKBY 130005Z
TEL NO
7 TO IMMEDIATE HONG KONG
8. TELEGRAM NUMBER
9' PERSONAL FOR GOVERNOR
10 PROPOSED FINANCIAL MEASURES
11 1. Ministers have considered your proposals against the 12 background of the political situation, including the talks with 13 the Chinese. They recognise that constitutionally the decision 14 is for you but in the circumstances they believe it would be 15 helpful to you to be able to confirm that you had kept in close 16 touch with them. They also need to take account of the fact that 17 the matter could come up in Parliament and that they may be asked 18 there or
elsewhere what their view of the measures was. 19.2.
If at the meeting with EXCO today you face outright
20 opposition to the proposals, you would clearly wish to consider
the matter very carefully. the purssibility of.
21
///
11
every alternative, including delay, 'before going ahead this week. 22 Given the need to maintain good relations with EXCO and to help 23 the Council's standing in the Territory, Ministers would expect 24 that, you would go ahead only if you judged that otherwise the risks
del
lay or inantim
25 of Can
Yay
were
imminent collapse was unacceptable. If you did in all the
NNNN ends
telegram
File number
rafted by (Block capitult!
JE Holmes
hone number
233 4641
Authorised for despatch
Comcen reference
Catchword
BLANK
circumstances
1 Dept
Distribution
Private Office
Time of despatch
PS
HKD
Mr Burrows
Mr Donald
PS/Mr Luce
Sir I Sinclair
Mr Giffard
Mr Donald Mr Appleyard
XY A