TNAG-0281-FCO40-317-Visit-of-the-Chancellor-of-the-Duchy-of-Lancaster-to-Hong-Ko-1970 — Page 185

CONFIDENTIAL

with the project without waiting for a reply from us to

their request for assistance, It is considered advisable

to defer a decision on this request for the present because:-

(a) although our balance of payments

has improved, no relaxation of

current restrictions on overseas

expenditure is possible;

(b)

the mid programme would be the only

source of funds available, but to

help Hong Kong would be at the

expense of other territories whose

needs are much greater.

Hong Kong Department

September, 1970

CONFIDENTIAL