CO129-235 - Public Offices - 1887 — Page 168

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

had to be abandoned.

Any change made could therefore only apply to Recruits regards such Recruits, enlisted hereafter as who would of course represent future Corps at Hong Kong, it is for consideration in what manner provision for securing that they shall be paid according to a fixed scale of dollars, instead of according to rates varying from year to year as the price of silver fluctuates in the London Market when compared with the price of gold.

One way out of the difficulty would be to insert a new scale in the Pay Warrant such scale to be in Dollars and to be based on the number of Dollars which the men now serving receive according to the regulated rate of exchange for the present year, which may probably be taken as fair for the purpose.

Or the difficulty might be met by retaining the present Rupee scale, but fixing a rate at which that scale shall be converted into Dollars for the purpose of payment; and thus avoiding the exchange from Rupees into Sterling which is at the root of the present trouble.

To these changes, as indeed to any change there are obvious objections

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had to be abandoned. Any change made could therefore only apply to Recruits regards such Recruits, enlisted hereafter as who would of course represent future Corps at Hong Kong, it is for consideration in what manner provision for securing that they shall be paid according to a fixed scale of dollars, instead of according to rates varying from year to year as the price of silver fluctuates in the London Market when compared with the price of gold. One way out of the difficulty would be to insert a new scale in the Pay Warrant such scale to be in Dollars and to be based on the number of Dollars which the men now serving receive according to the regulated rate of exchange for the present year, which may probably be taken as fair for the purpose. Or the difficulty might be met by retaining the present Rupee scale, but fixing a rate at which that scale shall be converted into Dollars for the purpose of payment; and thus avoiding the exchange from Rupees into Sterling which is at the root of the present trouble. To these changes, as indeed to any change there are obvious objections
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had to be abandoned. Any change made could therefore only apply to Recriels $$ regards such Recrents, enlisted hereafter As who would of course represent future 9 it is for consideration in what the the Corps at Hong Kong, can best be made manner fraision for securing that they shall be.. paid according to a fixed scale of dollars, instead of according to rates varying from year as the price of to year silver fluctuates in the London Market when compared with the price of gold. One way out of the diffenti, new scale in would be to insert a in 165 the Pay Warrant such scale to in Dollar and to be be the number of Dollars. based on which the men now serving receive according to the regulated rate of exchange for the present year. may probably be taken as a the purpose. for the year which fair Or the difficulty might be met by retaining the present Rupee scale, but fixing a rate at which. that scale shall be converted into Dollars for the purpose of payment; - and thus avoiding the exchange from Rupres into Herling which is at the root of the present trouble. To these changes - as indeed to any change there are ile obrin obechons
2026-05-25 22:05:57 · Baseline
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had to be abandoned.

Any change

made could

therefore only apply to • Recriels

$$

regards such Recrents,

enlisted hereafter

As

who would of course represent future 9

it is for consideration in what

the

the Corps at Hong Kong,

can best be made

manner fraision for securing that they shall be..

paid according to a fixed scale of dollars, instead of according to

rates varying from year

as

the price of

to year

silver fluctuates

in the London Market when

compared with the price of gold.

One

way

out

of the diffenti,

new scale

in

would be to insert a

in

165

the Pay Warrant such scale to

in Dollar and to be

be the number of Dollars.

based on

which the

men

now serving receive

according to the regulated rate of

exchange for the present year.

may probably be taken as a the purpose. for the

year

which

fair

Or the difficulty might be met

by retaining the present Rupee scale, but fixing a rate at which.

that scale shall be converted into

Dollars for the purpose of payment; - and thus avoiding the exchange from Rupres into Herling which is at the root of the present trouble.

To these changes -

as indeed

to any change there are

ile obrin

obechons

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