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6. COMMENT. THE ACCUMULATING EVIDENCE IS THAT THERE IS
STILL MUCH DIVIDED OPINION IN THE COMMOTTEE ON SOME OF THE
MAIN POINTS AND THAT ALL THE COMPLICATIONS OF TRYING TO
ARRIVE AT A PRICE AND GET THE NEGOTIATIONS COMPLETE IN TIME TO START ON 1 JANUARY 1974 MAY NOT YET HAVE BEEN HOISTED IN. JONES' APPARENT IGNORANCE OF THE NEW JAPANESE PROPOSALS IS MYSTERIOUS AND MAY INDICATE THAT FINANCIAL SECRETARY IS
PLAYING SOME CARDS PERSONALLY CLOSE TO HIS CHEST. ON FACE OF IT COMMITTEE DO NOT SEEM TO HAVE COME AS FAR IN THE PAST FOUR MONTHS OF EXPLORATION AND DELIBERATION AS THEY STILL HAVE TO GO IN NEGOTIATION IN THE NEXT THREE MONTHS.
7.
UNLESS WE ARE BEING DELIBERATELY MISLED THE MAIN ISSUES STILL SEEM TO BE, FIRST TO TRY TO ESTABLISH A PRICE AND SECOND WHETHER TO FRAGMENT OR NOT. WE ARE CONCENTRATING
ON THESE IN ANY CONVERSATIONS WE HAVE AND CLAQUE HAS AGREED THAT HE WILL DO LIKEWISE. HE STILL REMAINS CONVINCED THAT
ULTIMATE ANSWER WILL HAVE TO BE SOME SHARING.
A. ON FINANCIAL SIDE CAPITALISATION STILL APPEARS LIKELY
TO BE A KEY ISSUE ON WHICH ALL CONTENDERS WILL BE PRESSED.
FURTHER CONTINGENCY THINKING AS IN PARAGRAPH 6 OF EXCED 00525 IS, THEREFORE, COGENT.
9. CODD HAS BEEN TOLD THAT THIS ROUND-UP HAS BEEN SENT AND
WILL BE CONTACTING YOU.
SENT #4242/02 FEB
QSL 11 AND 12 029424Z BCT
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