..
CONFIDENTIAL
Governor's recommendation, the St Helena Government should
exercise their option under the London Agreement to buy out
SATIC's shareholding in the Company.
5. Cost of Living
The Governor has submitted proposals to raise the level of
poor relief and the wages of lower paid employees who have been
hit particularly hard by the sharp increase in the cost of living
since 1971 (30%). The estimated cost of the proposals is about
£81,000.
27 July 1973
bhow h
си
N D Matthews
West Indian and Atlantic Department
Copied to:
Sir Duncan Watson
Mr Huijsman
Mr Champion
Mr Roberts
Mr Stuart
Mr Greenwood Mrs Maccoll Mr Watkins
Mr Nicholas
WIAD Desk Officers
CONFIDENTIAL