TNAG-0379-FCO40-425-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 112

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5. We agreed that Hong Kong would need help from us this

autumn but that the offer would have to be made with care. The

Governor is coming on leave on 4 August. We should therefore

take the chance to concert and agree our offer with him. He

had not intended to come down from Scotland until 11 September

but we should not wait until then in view of the timetable of

the Sterling Agreement.

6.

I accordingly submit a draft personal telegram to the

Governor from Mr Royle on the lines we discussed. The draft

has been agreed with FRD, Mr Marshall and Mr Holland.

We should therefore

to

Our idea

wae to invite the Governor/come to London soon after his return

for discussions with Treasury, Bank and FCO officials.

understand that Mr Royle would be glad to invite him to

the

I also

Gloucestershire at/same time. As I shall be on leave all

arrangements will be made by Mr Crowson in association with

FRD as appropriate.

considering the nominations for people who could

We will need to have these in our mind

FRD are considers go to Hawg Hey,

before the talks with the Governor.

A C Stuart

Hong Kong & Indian Ocean Department

17 July 1973

Copy to:

Mr Marshall

Mr Holland

Miss Pestell Mr Crowson

FRD

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