TNAG-0448-FCO40-513-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1974 — Page 163

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3. GIVEN ALL THESE FACTORS, AND THAT THE TREASURY GENUINELY

CONSIDER THAT THEY COULD NOT PROPERLY GO BEYOND THEIR PRESENT OFFER, 1 VERY MUCH HOPE THAT YOU WILL BE ABLE TO ACCEPT THAT THERE IS A REASONABLE ROUGH JUSTICE IN THE PROPOSED OUTCOME.

CALLAGHAN

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HEAD OF HKIOD HEAD OF FRD

MR YOUDE

MR MARSHALL

SIR D WATSON

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