CO129-242 - Governor Des Voeus Acting Governor Stewart - 1889 [8-12] — Page 668

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10

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that the dollar would have

to decline 24d from its _ present value (84/22) or to a lower point than it has yet reached in order to

require

an increase.

equivalent to the 40 per

vent recommended by the Committee in the first

instance; while

if the

dollar were to increase in

value, which according to

recent indications seems

probable, the addition to

salaries

salaries would decrease

proportionately.

9.

This fluctuating-

amount of salaries is, of

course, open

to some

objection; but it has the

that it preoludes

advantage

for the

future all

of the

many complaints which

are made in

respect of a

fall in exchange, and

puts

moreover

an end to

the anomaly according to

which

an

officer receives

on

$