18 Gov TEL Conf NOR

10/1/36

States that the further heavy fall in

the dollar renders financial prospect very serous,

stingly urges

and

sideration of the deusion.

in (14)

Contarved

The position is becoming so serious

that reconsideration of the decision conveyed

in (14) is forced upon.

us

?

of

If only by

reasons

of expediency.

Though it is undoubtedly the case

that the Salaries Commission and the

Gort. contemplated the possibility of the Hollar fulling still further, it is clear that (a) the Commission's recommendations were based on the general assumption

of conditions as they would be granted a2/- exchange. (offee of their, Report-in

para 707

7

Ion 72 797) and (b) the foot's decision

to acceft the recommendations in general best to drop the cost-of-living bonus

was made when they were ex

expressly bridgeting for a 1/6 dollar.

Further the present salaries scheme

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