9/12/06
36 Gov til 235
Requests telegraphic approval for introduction of Bill to fix 1/3d exchange limit on sterling salaries and to modify Ordinance 17/1936
As antecefated
file, the revenue
netwns are
o the Budget
working out-
more
I nouably the H.K. estimated at (Look.
was at defect
a 1937
now reduced to without the salary
The lust
etimate
$3.2 millia. Thes
co
$2244 million
any. levy
bee la
1.e. in both cases
Митреско
H.K. hen
that file,
The Imamical fortia of [avourably viewed
to
view of the strong object cons of the
salary levy
1
? We can affe rove the reductions
asperformed by
the Gov•
D. Ropes 19.811.
2
2n
how
The
Hours of NO 19
this file
not sure
that
wt
aught not to
make the
counter proposal that
the Ball 12%
be passed but
operatio
ats
he smopunded until Gor with approval
o beg to: sos prochiimmed that
it
came into effect, (which w= only
be if the present recovery
n
trade
in H.K.
were checked.
Him
Howww
it will be mentanarsug
to Sie A. Couldecott if that reply