15. (mas) 15 For Conf
Caf (Ain mand)
In
setting
financial results
24/2/31
out anticipated
30 Jocheme
16 Extract from Hausaw 1/16/ı/26
14 Gor (Cauf)
6. 3
эв
Iwds petition from 556 Sturkey pard Officer protecting agamat bey
18 for (Scent)
لى جا
Ref (124/1017/125 cent) exhumati deficit
Carge
hat
36
Lo
28
it is not considered pendent to Cover whole of defect & from reserve of f0.000
που
No. 15.
The Governor encloses a memorandum which
sets out not only the nature and incidence of the
salary levy but certain notes on the general financial
situation of the Colony. As regards sterling
were
salaries, it is again emphasized that officers an protected against the effects of an undue rise in the value of the dollar by the limitation of the exchange for salay conversion pumpusco
rate/to 2/-.
The lag which is expected to take
place in the rise of the cost of living consequent on the vite devaluation of the dollar is estimated
at about one year;
consequently the arbitrary and
hara st
memo
tapering rates for conversion will end at the end of
1936.
The varying effects of the whole scheme on sterling salaries of £300, £800, £1,200, £1,800 are analysed and tabulated and, I think, confirm our anticipation that the scheme has been carefully and
equitably