If I were to prophesy, I
contribution in some form. It would depend on the
circumstances of the deal in prospect. We cannot
begin to form a view in present conditions whether
such a deal would be likely to be a matter of a
simple cash payment.
should say that it would be very unlikely, and that
Chinese sentiment will be so opposed to further
alienation of Chinese territory, that even a proposal
for a lengthened lease of the New Territories will not
be negotiated on any cash basis, but only as part of a
wide political deal, possibly also embracing the Treaty
Ports.
4.
But if the question were to resolve itself
into a purely financial transaction, we should not
like to subscribe to the suggestion that in principle
the whole cost of acquiring the New Territories should
fall upon Hong Kong funds, though as I have already
stated we would not rule out the possibility of a Hong
Kong
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