ers
280
1
RAUD IN "PULARIT
to orzuiši *azonassober! Tiedt ninge laer adrei pă
szem ada no
„todoðað d#b£ *6# 38% 8861 rodmevoll bæði ná? wurden of rabro ut tank sát až zaliek odt gulunul ettać odt ni *"obertaro Imooi al quiltsto Is taulovi
tiedi haseeTqX# #TOGSonober? Taq klakrod tko od Astntonga mo221+mm) sdf to amo2takasemoser sdt el sÖRSTINDERG
m2 106 Załw to 01 thanh ats uni hotel suhan thoi x
bot? að taIEM! @A? to stut (sło217o od3 fast"
TO) 95M BRestogo wild to ážnom sko Tavo vratara odz ta yidiam.
to atvažiuodt 20 8 desirataq #l
+
•
-1 font Dedoeslá nglónărei zindî „ZIEĽ ZOÉSTOU ASKI SET
„ne Izakenmoeder. Jesli nát of.ipalla anivip s
*I*
ru?unar? aidqarzelst to exam náð yð sendurog mild vot adez
10% skuad sit sham of voorz zroč nvoll sdt at gilah Bada Lidara
muted fuel add at eroźnad adð „odmt ogacova oče poltaisales
„Tazteen aʼradial sit of na ḍitzen si botuesja
danu te 1979 adë ne zorrêa od Linde operara durg
of (puklian to yelours in at AIOR HAS DE AF95 »
24 4902 ads zaška voj dass zet aeter
LÄGSTRALET TO inadozog adź też star aft
# badaręcz mať vrad ody toodi MI NI MUSEU
gabria to dodgemy wit vot eier e duas vildren of nisam sta
maždený mát, ami 47
çilat ndr
fonda að tæni pooli ka tandh
peokamer) ožiqəɛgolek ža sia
素
The
Banks as the basis for calculating the official rate,
Chancellor of the Exchequer points out to the Board that
the adoption of this mode of calculating the official rate
of the dollar does not satisfy the established general
principle that public servante abroad should receive the
full equivalent, but no more, of the amounts due to them in
British currency, for the reason that the rate at which the
Banks in Hong Kong will sell sterling in London represente
an extreme limit of the exchange quotation, and is thus
always slightly less than the real value in Hong Kong of
British currenoy; the result is that a continuing loss is
incurred by the Treasury Chest Fund, which issues at the
official rate (based on the selling rate) dollars acquired at
rates approximating to the buying rate.
3. In these of roumstances the Chancellor of the
Exchequer proposed that the rate used should be the average
selling rate, (ascertained as at present) with a fractional
addition representing the difference between that rate and the
rate for the purchase of Telegraphic Transfare (as ascertained
by the rates obtained by the Treasury Most Officer on the
occasions when he raises dollars by the sale of Telegraphic
Transfers for the supply of the Chest). The fraction to be
added will be revised from time to time in the light of the
Telegraphic Transfer rates actually obtained. The official
rate of the dollar for any month will therefore be the average of the daily published selling rates, (calculated over the same
monthly period, and certified by the bankers to the Chest in the
same manner as heretofore) with the above fractional addition,
My Zerda oonour, and direct that steps should be taken
to give offest to the change na from the month of April 1926, the fraction to be added for the month of April and thereafter until further notice being id per dollar.
4.
5.