TNAG-0379-FCO40-425-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 151

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4. MORE IMPORTANTLY, WE HAVE, OF COURSE, OURSELVES DIEN CIVING CONSIDERABLE THOUGHT TO THE QUESTION OF THE STERLING BALANCES AND TO WHAT ARRANGEMENTS, IF ANY, SHOULD FOLLOW THE EXPIRY OF THE STERLING AGREEMENTS IN SEPTEMBER 1973. IF ASKED, YOU SHOULD SAY THAT THE CHANCELLOR HOPES SOON TO BE IN TOUCH WITH STERLING AGREE- MENT HOLDERS ABOUT THIS QUESTION, YOU MAY ALSO CARE TO DRAW ATTENTION TO THE ASSURANCE ABOUT CONSULTATION CONTAINED PARAGRAPH 7 OF THE CHANCELLOR'S MESSACE REFERRED TO ABOVE.

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