Archive (Walters MSS)

Economy: Alan Walters diary [Law of the sea talks][released 2012]

Document type: Declassified documents
Source: Walters MSS (Churchill Archives Centre): WTRS 3/1/2
Editorial comments: Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking: Major
Word count: 130
Themes: Monetary policy

Monday 25th October 1982

Reaction in mkts to US Money Supply figures

FT down 17 points and gilts down &163;1

Allen Wallis - he is hopeful of GATT - but said Rumsfeld was coming down in afternoon to talk about Law of Sea - dreadful clauses about Internationalising Mining - PM against it, but great pressure from FO (John Coles)

Andrew Wilson (Newsweek)

- writing about Ireland etc.

Memo on Protection + GATT Ministerial

- very hard hitting

Rumsfeld + PM sympathetic to USA case on Law of Sea - OK

Reception No. 10 - Chris Bailey, Basil Mantzos

Peter Bauer - RH [Ralph Harris] said peerage OK

Robin Butler said my memo v helpful

Did not get AG [?Alfred Goldstein] to have a good chat about Serpell Cttee