C. O.
Str. Martin 30.5.30
Mr.
My
31
Genauson Ellis
Sir C. Bottomley.
Sir J. Shuckburgh.
Sir G. Grindle.
Permt. U.$. of S.
Parly. US. of S.
Secretary of State.
Secreta
(31 on 62761)
DRAFT.conson
Hory Kony
Conf.
Gor
CAFE 5WOVEN 47.
72761 11
10
SIT
10
June 1930
8
Sir
With
ref.
to fara 2
Su
C. Clementi conf (2) des h.
of the 21st Nov last, suggesting
that in calculating the cost
the H.K. gamison as
expressed in sterling
The
Commercial rate of exchange
should be employed, I have
ete to inform you
that 1
have been in communication
with the WO. on the is point,
2/
Pa
9
+
"
a
2. After due consideration,
e
2
the
consultation with the Lords Cos
Treas 4, the Army Council are now
brepared to
apres
that whenever-
the cost of the garrison determines
the military contribution, commercial
rates of exchange shall be not for
converting into dollar
the sterling
portion of the cost of the carrison and
3
real
aue!,
ノ
with the detition of the Cocal expenditure
calculating the number
in dollars, so calculating
of dollars payable by the Colony as
contribution. For this furfore it is
proposed to utilize the monthly
average of the daily rates of exchange fublished
fuftested
P
6
Pa
Pa
C. O.
Mr.
Mr.
Mr.
Sir C. Bottomley.
Sir J. Shuckburgh.
Sir G. Grindle.
2454
Permit. U.S. of S. 62761
Parly. U.S. of S.
Secretary of State.
DRAFT.
§.
the London Press as was
done in the calculations
enclosed in aveedying
10
conf (2) dan of the 13 left my dork to sit
Cast
Clementi.
3. The Army Council state
that the use
of these farticular
10
rates of exchange, mot-rod of the official rates of exchange, in preparing the annual statements of cost by Votes, will entail
a considerable amount of
additional clerical labour &
accounting. They agree,
however
to undertake the is in the event
8/
10Page 11