TNAG-0153-FCO40-189-Exports-of-cotton-textiles-to-Canada-1969 — Page 88

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NOTHING TO BE WRITTEN IN THIS MARGIN

CONFIDENTIAL

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5 -

Your reply to this further telegram of ours (Fco Fel

No. 542), contained in Hong Kong telegram

No. 652, disputes several matters of commercial

policy which lie directly within the Board of

Trade's field of responsibility.

You may well

But you

In

be right and they may well be wrong.

will realise that there is no point in arguing,

for example, about the merits of H.M.G.'s

already announced policy to impose a tariff on

cotton imports from the beginning of 1972.

addition and againit is a matter of differing

judgment though you say in paragraph 4 that a

stand internationally against the use, outside

G.A.T.T., of voluntary restraints has no hope of

success, this is not a view shared by some elements

in the Board of Trade. Some would support

your view; others say the opposite, but this they

will have to work out for themselves between

now and the middle of September.

CONFIDENTIAL

15.

We