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The proposed draft reply picks out only two ideas from Mr Sulke's speech, namely the proposals for withdrawl from the negotiations and the holding of a referendum. both areas there would be some advantage in going beyond a mere acknowledgement and placing the Government's views on record. It is worth bearing in mind that any reply sent may well become public in Hong Kong.

A J Coles Esq

10 Downing Street

You eve

Peter Ricketts

(P F Ricketts) Private Secretary

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