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and if permitted to re-engage, for a second term of five years, the right to remit home half their pay at 1/2. These men have voluntarily subscribed the new conditions in consideration of their pay being increased from $40 to $45 a month. There, however, some officers and men who refused to subscribe the new conditions and who continue, such of them as are still in the force, to draw pay at the old rate of $40 a month.
It is contended by the Memorialists that in consequence of the further fall in the dollar they are now in a worse position than those who refused to subscribe the new conditions and who are consequently in receipt of only $40 a month, because these latter can remit half their pay home at 1/2. They say, "if you convert $40 the pay into Sterling, half at the rate of 1s 4½d, and half at the rate of the day, say 3/1, it...