TNAG-0275-FCO40-311-Development-of-Kai-Tak-airport-at-Hong-Kong-1970 — Page 21

Sure

should have to be

that the loan would be fully

subscribed and this would entail a certain amount of

encouragement to firms with trading connexions in the area.

We have some reason to believe that to proceed in this way

would be welcome in the Colony and achieve the objective

at which we are aiming.

5. It is, of course, impossible to put such a matter

through very quickly and certainly not before Mr. Royle's

visit to Hong Kong between 9 and 13 October. (for the Kaitak extension

Tenders close

on 12 October so there is bound to be even more speculation

than usual about H,M,G,'s intentions.

For the present I

believe that the situation could be held if H.M.G were

H2M, Gy

prepared to consider the second possibility set out above

(on the assumption that the first is a non-starter) and

crid

that Mr. Royle be authorised to say in reply to enquiries

that H.M.G

H&M, G

is

are looking at the question of assistance to the

Hong Kong Government in respect of the extension of Kai Tak

in the context of the overall review of the nation's economy

in which they have been engaged since taking office in mid-

June.

6.

Time of

ee it questimer)

(for MiRoyle to use

If this could be agreed now, the matter of how best

(of substance

to meet this political problem can be pursued through to meet this political proble

Whitehall machinery.

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29

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