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Telegram No.
Tel/1C (Cont)
to
Hong Kong.
3. Our telegrams No.252 and 253 made it
clear that we were opposed to agree to
anything but the possible extension of the
existing arrangements for another year and
we were therefore most surprised to learn
from your telegram No.339 that you had agreed
to discuss, even on a hypothetical basis,
the extension of controls to a number of
important non-cotton items.
4.
We recognised that the termination of
the existing restraints on June 30th might
cause embarrassment in your relations with
the Swedes and for that reason we are
prepared to fall back on a continuation of
the restraints on a pro rata basis for a peri
of three months, pending further discussions
on the issues involved.
5.
We do not need to tell you of the
importance of the issues at stake and we
intend to try to move the seat of the
negotiations to London.
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