XN000022-1974-08-09 — Page 7

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FRIDAY, AUGUST 9, 1974

HE ASSURED HIS LISTENERS THAT THEY COULD HELP THE CORPORATE GOVERNMENT IMAGE IF THEY RECOGNISED THE NEED THAT THEY SHOULD IMPART GOODWILL TO THEIR JOB, AND SOUGHT, EVEN IF THIS RAN COUNTER TO THEIR PERSONALITIES, TO REPAY ANTAGONISH WITH KINDNESS.

+WE HAVE TO LIVE IN A WORLD OF CONTROVERSIAL ISSUES, CONFLICTING VIEUS, AND OUR CONTRIBUTION IS MEASURED BY THE SKILL WITH WHICH WE OVERCOME PROBLEMS. IT IS FATAL TO RECIPROCATE RUDENESS WITH RUDENESS. THIS IS VERY URONG,+ HE SAID.

♦THE REASON IS THAT WE ARE PAID BY THE TAXPAYER. THERE 16 · NO SUCH THING AS THE GOVERNMENT'S MONEY. THE MONEY BELONGS TO THE PEOPLE. WE ARE PAID BY THE PEOPLE. THEY DESERVE THE BEST WE CAN GIVE FOR THE MONEY THEY PAY.+

OTHER SPEAKERS AT THE SEMINAR INCLUDED DR. K.F. CHAN, ASSISTANT DIRECTOR OF MEDICAL AND HEALTH SERVICES (MEDICAL)= MISS K.J. VEEVERS, PRINCIPAL NURSING OFFICER= AND MR. ARTHUR STARLING, CHIEF HOSPITAL SECRETARY.

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ADB TO CONSIDER LOANS FOR H.K.

ECONOMIC MISSION RETURNS TO MANILA TOMORROW

THE ECONOMIC MISSJON FROM THE ASIAN DEVELOPMENT BANK, WHICH HAS BEEN HOLDING DISCUSSIONS WITH THE GOVERNMENT ON THE QUESTION OF HONG KONG'S NEED FOR LOAN FINANCE, WILL BE RETURNING TO MANILA TOMORROW (SATURDAY).

THE MISSION COMPRISES MR. DAVID FISHER, THE A.D.B.'S DIRECTOR OF OPERATIONS, MR. PATRICK KNAPP, MANAGER OF THE PHILIPPINES/ HONG KONG/KOREA/TAIWAN OPERATIONS, MR. BRIEN PARKINSON AND MR. DIETRICH BERGMEIER.

FOLLOWING THE RETURN OF THE MISSION TO MANILA, THE BANK WILL CONSIDER THE ECONOMIC CIRCUMSTANCES OF HONG KONG TO CONFIRM WHETHER THERE IS A CASE FOR LOAN FINANCE.

A GOVERNMENT SPOKESMAN TODAY EMPHASISED THAT THE VISIT WAS PART OF A +CONTINUING DIALOGUE ON THE QUESTION OF LOAN FINANCE BY THE BANK FOR A NUMBER OF HIGH PRIORITY PUBLIC WORKS PROJECTS.+

+THE MISSION HAS EXAMINED THE NEEDS OF HONG KONG FOR LOAN FINANCE, AND THE FINANCIAL SECRETARY, MR. PHILIP HADDON-CAVE, AND MR. FISHER HAVE DISCUSSED PARTICULAR PROJECTS WHICH MIGHT BE FINANCED FROM A LOAN PROGRAMME. BUT NOTHING HAS BEEN FINALISED AT THIS STAGE,+ THE SPOKESMAN ADDED.

SUBJECT TO THE OUTCOME OF THE BANK'S EXAMINATION, THE NEXT STAGE IN THE CONTINUING DIALOGUE WOULD BE FOR THE BANK TO SEND TECHNICAL TEAMS TO HONG KONG TO EXAMINE IN DEPTH THE PARTICULAR PROJECTS FOR WHICH HONG KONG IS SEEKING LOANS. LATER THESE WOULD BE CONSIDERED BY THE BANK'S BOARD OF DIRECTORS.

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+HOPEFULLY, THE SPOKESMAN SAID, +A LOAN PROGRAMME WILL BE AGREED IN DUE COURSE WITH THE ASIAN DEVELOPMENT BANK, INITIALLY COVERING THE THREE-YEAR PERIOD 1975-76 TO 1977-78.+