TNAG-0448-FCO40-513-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1974 — Page 109

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

пори

P O Haddon Cave Esq Financial Secretary Hong Kong

RECEIVED IN

REGI.

19 APR 1974

HKK 5/10

55

164

10 April 1974

anothe attempt

Si D. Watts on

A

17/4

ww

14/4

I am very conscious that, while your recent telograms have been addressed to mo personally, our replies have boen in strictly official form. This, of course, has boen because the decisions wo have reached have been those of IMG, rathor than of mycolf alone. Tut it does not mean that I have not boon involved in all this, or that I do not fully go along with the line we have taken.

But I thought I would just send you this lino so say how sorry I am that there should have been some (shall I cal it?) lack of harmony botwoon us. I really do think that the arrangements which we have described to you are fair. and I hope that, on roflection, you will recognise that they are not too ummasonable.

Like you, we have problems of public accountability to think of!

I am looking forward to seeing something of you while you are on leavo. Do get in touch.

FR BARRAMU

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