TNAG-0382-FCO40-428-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1974 — Page 148

D Stone Esq

Bank of England Threadneedle Street LONDON EC2R 8AH

Dear Stone

229

HKK 5/1

Treasury Chambers Parliament Street London SW1P 3AG

Telephone 01-930 1234 ext

28 November 1973

228

Spoken Mir Lea

HONG KONG

STERLING

At the meeting which David Walker held on 26 November it was agreed that the Treasury would draft a telegram in the light of the discussion.

2.

A draft is attached and I should be grateful for your urgent comments. You will see that, after discussion with Barratt, we have suggested that some of the points might best be made in a separate semi-official message to Haddon-Cave.

3.

I am sending copies to Barber at the Bank and to Holland, Stuart, Aust and Lewty at the FCO.

Yours sincerely

W L ST CLAIR