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the acceptance of an inadequate bid. There are some signs that
neither the consortium nor the DTI have yet wholly accepted this.
5. I accordingly submit a draft message from the Secretary of
State to the Secretary of State for Trade and Industry.
19 November 1973
сс
Sir D Watson o.r.
Mr Finlayson
1.
Acso
A C Stuart
Hong Kong & Indian Ocean Dept.
Since drafting the above I have seen the Governor's personal
message to Mr Royle (Hong Kong telegram no. 1324). This reinforces
the need for action. The point in the Governor's paragraph 3
was also put to me by Mr Kindersley of Lazards some days ago. He
said that Mr Glaves-Smith, who was then the DTI Under-Secretary
concerned, had said he thought the Anglo-Italian offer satisfactory.
I said I found this difficult to understand. I later contacted
the new Under-Secretary, Mr Royce, who agreed to put the record
straight with the consortium.
19 November 1973
ACSL
A C Stuart
Hong Kong and Indian Ocean Dept.
I hope the lots
wite apon
ん
R
19/11
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