5
from a 1/8 rate.
We must now await the O.A. G. 's
reply to our telegram, but in the meantime
.X.
Registered separately
file
of a new
53707/35 H Kong (Jalan Levy)
we had better circulate a noté as in draft
herewith to warm the various Departments of
the imminence of a salary levy in Hong Kong.
4 O.AG. Lel 324 Conf
Serkant
9.17
10/12/35
Ref (3) States saving realting from 1/8/& conversion accussay
листат
The BAG. Considus the saving on
the
Sum
which w' reult from
the payment of sterling salanes
ob 15/8:
= $1
aj a
necessary saving.
The revised Est? m
Est? In 1935
anticipated a
deficit
in the year's
accounts
of $ 152,966.
The Colony's financial position showed at the beginning of the
Jean 1935-
an excess of assets