W
SECRET
This scheme has been hatched after careful
The Chanceller
experts; the
д
Counderation and advice from Bank of England and Treasury
the Excheppet has also been Cresulted by the Governor. Alltorph Mr. Laurson understands That it is not his decision, he has told the Governor
be
agreed that, if Hory kong decided to go ahead, it
İkali might be best to
2. We have
The Scheme.
do so
ал боси
Во
pomble.
no intimnation that Exco will Appore The subminion is to prepare for the Contingency and to assure Sir E. Yonke the full support
3. I
J
the Secretary of State.
that he has
am not expert enough to get a judgment financial behnicalities, but I think an
in
on the
pratical groudo
that the Hay Kay Gerommet must be seen to have Vahew
halt the slicke in confidence in the
appropriate stops to halt the slide
Haykay dollar.
I
afree,
Therefore, wit the recommendation.
Astrald
11/10