No.2/4)
Hongkong.
25/50 Recd Ben 23 JUN 12
Government House,
Hongkong, 22nd May, 1902.
232
Sir,
COLONIAL OFFICE
ENT ENG No. 78.
With reference to the proposed scheme for Sterling Salaries which was transmitted to you under cover of my Despatch of the 11th December last (which need no longer be treated as Confidential), I have the honour to inform you that it is proposed, on the recommendation of the Colonial Treasurer, to calculate the rate of exchange for Sterling salaries on the average ruling from 1st July to 30th June, and to adopt 1/4 of a penny as the minimum amount involved in the calculation of the dollar equivalent of Sterling salaries, as it is in calculating exchange compensation.
2.
I shall be glad to know in due course whether these proposals meet with your approval.
I have the honour to be,
Sir,
Your most obedient humble servant,
JOSEPH CHAMBERLAIN, M.P.,
To Major-General,
Administering the Government.
43.12
*2378
No.2/4.)
Hongkong.
25150 Rece
Ben 23 JN 12
Government HoWEW,
Hongkong, (22nd. May, 1902.
232
You
sir.
TE!
IR U
ENT ENG No. 78.
OLONIAL OFFICE
With reference to the proposed scheme for
Sterling Salaries which was transmitted to you under cover of
my Despatch of the 11th. December last (which need no longer
be treated as Confidential), I have the honour to inform you
that it is proposed, on the recommendation of the Colonial
Treasurer, to calculate the rate of exchange for Sterling
salaries on the average ruling from 1st. July to 30th. June, and to adopt t of a penny as the minimum amount involved in
the calculation of the dollar equivalent of Sterling salaries.
as it is in calculating exchange compensation.
2.
I shall be glad to know in due course
whether these proposals meet with your approval.
d
:
I have the honour to de,
t
sir,
THE RIGHT HONOURABLIS
Your most obedient
Huabl
ble servant,
My Gascopre
Major-General,
Administering the Goverment.
JOSEPH CHAMBERLAIN, M.P.,
43.12
*2378
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