53723/6/48
XY EB.
C. D.
32
(7713) Wt. 40552/714_50m 2/48 C.N.Ld. 748
C.
Mr. Bourdillon
19/5.
Mr. Sidebotham 19/5
Whittle 19/573.
Mr.
Mr.
Mr.
Permt. U.S. of S.
Parly. U.S. S.
20 MAY
13.21
Secretary of State
S5.
Your Reference......................
Minister of State
May, 1948.
DRAFT. SEMI-OFFICIAL LETTER
D.R. SERPELL, ESQ.,
O.B.E.,
TREASURY CHAMBERS.
FURTHER ACTION.
(16)
(14)
For Mr. W.I.J. Wllace's Signature.
Willace'
Ar Ansel (20)
/. Will you please refer to Bancroft's letter to me of the 7th May (Treasury reference IF.272/187/04 B), about exchange arrangements to be made for the payment of pensions and leave salaries to Hong Kong expatriate officers?
2. The only issue between us concerns, I think, the pensions of expatriate officers already in the Service. As regards new entrants, the Colonial Office has always felt that salaries and pensions alike should be converted into sterling at the Government rate of exchange prevailing at the time. I endeavoured to make this clear in my letter to you of the 22nd April, but I cannot be quite certain from the terms of Bancroft's
letter under reference that he fully understood the limited scope of our proposal. 3. As regards the proposal itself, I feel fairly sure that there has been a misunderstan ing. In his second paragraph, Bancroft seenз, to say that we (the Colonial Office) envisage
a variation in the fixed rate for which
officers/