See 29
23
GR 200
DE D
SECRET
Enter
30
TOP COPY
HKK
RESETORAS
Ha|HKD)
100/7
20.00 9983
SECRET
FM HONG KONG 30095OZ SEP 63
TO IMMEDIATE FCO
TELEGRAM NUMBER 1452 OF 30 SEPTEMBER
STRICTLY PERSONAL FOR GIFFARD FROM GOVERNOK.
YOUR TELNO 989: F4:NANCHAL SHITUATION.
- UNDERSTAND THE BANK OF ENGLAND'S REACTION. MOREOVER THE ISSUES OUTLINED IN YOUR PARA 2 OVERLAP.
2. HAVE THEREFORE ARRANGED TO SEND BLYE (SECRETARY FOR MONETARY AFFAIRS) TO LONDON.
3. TO AVOID CROSSING WIRES HAVE SHOWN HIM ON A STRICTLY NEED TO KNOW BASIS THE TWO TELEGRAMS N QUESTION (YOUR TELNO 979 AND
MY TELNO 1425). BUT OUTWARDLY HIS PURPOSE WILL BE TO DISCUSS THE #MPLICATIONS OF THE CERTIFICATE OF MINDEBTEDNESS SCHEME. AS WE DO KNOT KNOW THE EXTENT TO WHICH THE BANK OF ENGLAND ARE PRIVE TO YOUR THOUGHTS ON OTHER ISSUES COVERED BY THE TWO TELS UNDER REFERENCE I HAVE #INSTRUCTED HIM FIRST TO CALL ON CLIFT AT 0930 ON 3 OCTOBER FOR BRIEFING BEFORE GOING ON TO THE BANK.
4. HIT WILL NOT BE POSSIBLE TO BE DISCREET ABOUT THIS VISIT AS WITH BLYE'S ABSENCE WE SHALL HAVE TO GAZETTE HIS NUMBER TWO AS SECRETARY FOR MONETARY AFFAIRS. FROM OUR POINT OF VIEW OF THIS BECOMES A SUBJECT FOR DISCUSSION IT IS NOT NECESSARILY A BAD THING. IT WILL SERVE AS PART OF OUR RESPONSE TO ANY QUESTIONS AS TO WHY WE HAVE NOT YET MADE ANY ANNOUNCEMENT ABOUT NEW MONETARY MEASURES.
YOUDE
LIMITED
HD/HKD
PS
PS/PUS
PS/MR LUCE
MR EVANS
MR GIFFARD MR DONALD
SECRET
No comments yet.
Private notes are available after approval.