general revision of salaries).
A comparable state
of affairs is unlikely to arise often in other
territories, and if it does, we certainly feel
that this or some similar device would have to be
adopted.
As there are some general implications in
this matter, I have consulted our Finance Department,
,
who agree with the terms of this letter. I very
much hope you will now be able to authorise our
approval of the option on the terms proposed.
N
35