2

Ci

Cumevery

Salcus Y Sterling

1 2 Cagts

22.11.35

I have spoken to the magnard who tello

m

11at

all the neen.

·

action for anvendt. of

Co. pamphlet has been taken

Put in

2QAG. Hel 319

Rainome

atorce

6.12

35

to

Requests authout, & convert salane

to her fool.

for December @ 1/8, pending submission, f proposal.

^^

salary cuts

When the Estimates for 1936-wee framed

The dollar was

taken for the purpure of

at 1/8" ; although

reckoning sterling Expenditures at

approximately 24.

The rate then cument was

Public sewants

have no doubt

the assumption

at this rate

at

gone

that payment's would be

To Bocey calculaté

ch

avate more nearly approximating

Jalanes

to the market rate

and follows

ou

by imposing

a cut in salanes would

fluctuations.

cause unnecessary

? approns by tel.

CXaustaus

Elim

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