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are tended much more carefully than commercial houses
could afford. Promotion has been accelerated in recent
years, and in many cases will be further accelerated if
the Commissioners' Report is adopted.
Furthermore, with regard to the fluctuation of the
rate of Exchange, we would observe that, inasmuch as a
Salaries Commission was held in 1919, and in 1920 a
revision was made to allow for Exchange Compensation
when a sliding scale was introduced, and in July, 1928,
a further allowance was made to officers of 2% of the
dollar equivalent of their sterling salaries if they were
married and 1% if unmarried for every penny that the value
of the dollar fell below 2/6d. up to a maximum of 18% or
9% as the case may be, there have been periodical revisions
to meet changing circumstances, so that the position of
Government Servants has been safeguarded.
We would draw attention to the growing cost of pensions.
In 1921 it was estimated that Pensions would cost 312,900
in 1927, it was estimated that Pensions would cost $675,903;
and in 1930 it is estimated that Pensions will cost 913,000.
In which connexion it must be noted that the Commissioners
recommend that the increases they propose should become
pensionable immediately the Report is put into effect. If
this is done, the cost of pensions will, within a few years,