73
cers have hitherto draw leave pay and pension at the rate
of Rs.227 to $100 and it is a question whether, in the case
of the Police especially, the adoption of a lower rate would
not cause discontent, to a certain extent justifiable.
Although India has not yet formally adopted
the gold standard her recent legislation practically put ex-
change on the same lines as that with a gold using country
and if the standard is adopted, the change must be made at or
about the rate of the day.
As regards leave pay in both countries, exchange
compensation increases or decreases pari passu with the rate
of exchange so that the present rates of exchange taken in
this report are sufficient for purposes of comparison.
(96.) A.M.TOMSON,
Acting Treasurer.
1.3.99.