TNAG-0103-FCO40-139-Briefs-and-background-notes-for-Lord-Shepherd-1967 — Page 5

CONFIDENTIAL

· 3-

the Tunnel Company, must not be informed of any

undertaking the Hong Kong Government might give

to find additional finance lost they be encouraged

to carelossness or extravagance by the knowledge

that the Hong Kong Goverment will foot the

resul tatii bill. The risk that it may be divulged

in the course of necessary legislative processes

that the Hong Kong Government would have to

We for our part assume that if Costsins sak

for some such guarantee they will sesk it (and

it) from the Tunnel Company.