TNAG-0379-FCO40-425-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 158

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GRS 25 IMMEDIATE

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TO IMMEDIATE GOVERNOR HONG KONG TELEGRAM NO. 660 OF 6 JULY. 1973

FOLLOWING FROM STUART

YOUR TELEGRAM NO. 728: STERLING AGREEMENT

YOUR PROPOSAL CREATES SOME PROBLEMS FOR THE TREASURY AND

THE BANK AND I FEAR WE CANNOT ANSWER UNTIL MONDAY. WE ARE

HURRYING THINGS AS MUCH AS POSSIBLE.

17.211

DOUGLAS-HOME

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