H.K. Las provided for sterling 8
Salamis to be paid to cally in
4k & at the current exchange
rate
within the limits of
1 $
1 shilling
and
پھر
2 shellings
•hmits being a protection.
to the Gout at one end and
the payers at the other.
If we be equally fair to
argue
that
since Gout and
not intervene
to give speenl
protection to the officers when
자
the $ rose up to 2/-,
the Grant should not now
intervene
to protect itself
when the & is dropping again
$
towards the lower limit of I stilling.
I wi suggest
that the SNS
Shy reply that he is
very
chsinclined to authorise what is
in effect a drachi (over 10%)
Pa
Pa
9
Levy
a
on
the salanes of only
pantalon section of the
You! staff including many
with smaller salaries than
some of the dollar tot
salaried
shalts
that witte werte
he appels
that the prospect-
c)
C
defect of & Imillion
Calls for every
legitimate
ferm of economy to be exprinsed
he is definitely of the opinion
that emergency
be justified
action d not
with regend to
exchange of sterling salanes in December beyond that
No
preferred in NO3.
MM Mint.
I quite ape
10/12/
By Jeffrie
10112131
I agree ; but as this involves overmiling
the O. A. &. it should go to higher authondy?
#Glowell
4.A.7.7
10.12.36′′
10
e 9
te 9
Pag
Pag
Si J. Maffey
Mr.
? As proposed
Urs.
12/14/35
r. Get is commising
at ince.
13/x11
10
e 10
Important "Conf
5 Tel. to God, Hong Kong 11°.24.2
13/12/35
1.
6 blegto
13. 12.35
Ref(1) lequery regarding scope of schuctions
of bagts
(band)
14. 12.35
8 Gov del 1
ہو پر بود
Ref Budgetary position & subunits for afferral
schene m
cauguraing salay bay
Copy anginal requited for action on 53707/36
over
e 10Page 11
11