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rate of 3 shillings to the dollar and half at the rate of
the day.
3.
From the 1st January, 1902, double Exchange Compensation, or the payment of the whole salary at the rate of 3 shillings to the dollar, was granted, with the result that the salaries of European Officers paid in Silver were very materially increased by being virtually placed upon a Sterling basis.
4.
It might have been expected that a corresponding addition would be made to the Sterling Salaries suggested by Sir Henry Blake in order to bring them into line with the double compensation salaries, but, so far from this being the case, half of the total number of the finally approved salaries for Cadet Appointments were reduced below the level of the old single compensation salaries, as may be seen from the attached table of Cadet Appointments, in which are set out:-
a. The Dollar Salaries,
b. Their Sterling value at the close of 1901.
c. Their present Sterling equivalent.
d. The existing Sterling Salaries.
5.
It would appear from the 7th paragraph