TNAG-0380-FCO40-426-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 133

.2.

This is incidentally the only comment of any significance we have noticed in the press over the past week on this subject of Sterling. No doubt everybody is now holding back at least until Phillip Haddon-Cave returns from the Mass Transit System talks in London and possibly until after the announcement of whatever decisions the Treasury may reach. There may however be another spate of comment and "advice" to Haddon-Cave before he goes to the Commonwealth Finance Ministers Meeting in Dar es Salaam where the press are already suggesting it may be left to him to make the pace on behalf of all holders of Sterling.

00:

Miss M J Lackey OBE Branch 3

CRE 2

Department of Trade & Industry London SW1H OET

AJ Cambridge Esq

Financial Relations Department Foreign & Commonwealth Office London S W 1

TWA/YAS

Yours.

Iom

T W Aston

Senior British Trade Commissioner

Every effort is made to ensure that the information given herein is accurate, but no legal responsibility is accepted for any errors or omissions in that information and no responsibility is accepted in regard to the standing of any firms, companies or individuals mentioned.