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£3.5 million per annum. HMG for their part
agreed to this method of presentation at that
time in order to assist the Hong Kong Government
to satisfy public opinion in the Colony on the
matter. At the same time, as Unofficial Members
will recall, HMG continued to press the view that
£5 million per annum was a not unreasonable
figure for the contribution. HMG are well a ware
of the presentational difficulties in Hong Kong
of an increased contribution and would once again
be ready to consider any proposals for easing
these difficulties which the Hong Kong Government
on the advice of the Executive Council may wish to
suggest.
4. As was stated in para 6 of HMG's earlier
message to the Unofficial Members, the calls for
financial aid upon HMG are such that they can
only be met on a system of priorities based on
need. Because of this it is difficult for HMG
to assist Hong Kong financially with its
development problems.
be no immediate n
the Hong Kong (
Indeed there appears to
do so having regard to
s present fiseal
position. However, it must not be thought that
HMG would not be prepared to consider assisting
Hong Kong in some appropriate way if an urgent
need for such assistance were to arise at some
future time and a specific case were put forward.
Meanwhile, HMG are always ready to help Hong Kong
in other ways whenever the opportunity to do so
arises.
Copies to:
MR AF THORPE
F1(AIR) 2 MOD
MR RJ SMITH DOE
LAMBETH BRIDGE HOUSE
MR P D NAIRNE MOD
MR R GEDLING TREASURY
MR E STRETTON DOE
LAMBETH BRIDGE HOUSE
MR F H GWYNN MOD
NOTHING TO BE WRITTEN IN THIS MARGIN
2.
15.
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(8430) Dd,033246 600m 9/66 G.W.B.Ltd. Gp.963
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