Continued. 3
sterling at 88 to the £, and re-reconverted into
dollars at the current rate of the day.
5.
Again it is the senior officer who
will benefit most, and the junior officer least,
by the proposed amendments to the Rent Allowance
rules. Under this amendment the senior officer
with a salary of £800-£1500 per annum will, if he
is married and living quasi single in a club or
hàtel in the Colony, be given a rent allowance of
2100 per month. If he is a bachelor he will
receive $50 per month. The junior bachelor cadet
on £425 per annum will receive about 825 per
month, and if he is on £450 per annum about 830
per month. On the other hand the junior married
officer, with his wife in the Colony and living
in Government quarters, will as in the case of
the remittance privilege receive nothing.
6.
It will be seen therefore that whilst
much has been done andis being done to alleviate
the financial condition of the senior officer,
nothing at all has been or is being done for the
Junior married cadet officer. And it is the officer
with the small salary who has the least margin, and
who feels first and most acutely any increase in
the cost of living from whatever cause. ▲ senior
officer with a nominal salary of $1500 per month
will, by the benefits of the remittance privilege
and the proposed new rent allowances, receive an
actual salary of $1700 to 1850 per month, according to the recent market rates of the dollar.
7.
We would also refer to paragraph 2 of
our latter of 8th October and to paragraph 3 of
our letter of 31st December to the Honourable the Colonial Secretary, pointing out the unfavourable comparison which our initial salary bears to that