ülut

Recventated in ace, with in Cadors minute

of 7.3.31.

81

There have been no considerable changes

in H.K.

carvery

in a year's

year's time.

го

for. Bring of again

JACalder

12.5·32

tou

Brought up.

KAO.

2.5.33.

There is now no likelihood

of any curvery

changes which will affect the value of the H.K.

dollar. That dollar will fluctuate with the

value of silver & is now

1/4/2-1/5 . Hence

$4000 is at fresent much too large.

the equivalent of £200.

The that question

is whether it. General

order No. 4 should be allowed to stand. At

ans that in the case

fresent

it means

of

the

dollar salaried posts in H.

H. Kay

are

equivalents for the proposes of Cole Ray. 17 as

замерабраков

£440. Iam disinclined

about ₤270 + ₤440

to raise the matter.

2 b

?

Putly Iflulder...33

Gut.

4-5

4.5·33

8

Page

Page

A CONFIDENTIAL.

25 ER1931

3.

9

age 9

GOVERNMENT HOUSE,

HONGKONG, 21st January, 1931.

J

B

10

My Lord,

I have the honour to acknowledge the

receipt of Your Lordship's confidential telegram of the 8th of January, 1931, and to inform Your Lordship that I have accordingly adopted $4,000 and $6,600 as the dollar equivalents of £200 and £400 respectively, for the purposes of Colonial Regulation No.17.

I have the honour to be,

My Lord,

Your Lordship's most obedient,

humble servant,

THE RIGHT HONOURABLE

LORD PASSFIELD,

&c.,

&C.,

&c.

Governor, &c.

age 9

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