TNAG-0126-FCO40-162-Sterling-balances-1970 — Page 21

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CONFIDENTIAL

level of 50 per cent might be considered.

8. In conclusion, the Chairman invited Sir J. Cowperthwaite to

consider further the proposals and to let the British Government know

as soon as possible his conclusions. 8ir J. Cowperthwaite mentioned

that he was returning to the United Kingdom on 16th June on leave, but

would no doubt be available for discussion if necessary.

CONFIDENTIAL

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