CO129-339 - Acting Governor May Governor Nathan - 1907 [1-3] — Page 498

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

494

out there is much in the Memorial worthy of Your Lordship's consideration and I would draw special attention to its 11th paragraph.

4. The 2nd Memorial puts the case of Officers on the whole moderately and correctly except that in my opinion Table 'A' which is intended to show that a head of a junior department requires, to live reasonably, $9,924 or say at $9 to the Pound £1,100 per annum and a junior Officer $4,260 or say £475 per annum does, as seems to have been anticipated by the memorialists in paragraph 8 of the document, prove somewhat too much. But I am satisfied as to the general accuracy of the statements and figures in Tables 'B' and 'C', and that it is not overstating the case to say that the cost in dollars of those items of living which are paid for on a silver basis has gone up at least 20 per centum since 1902 when the Sterling Salary Scheme was introduced and during which year the average Gold value of the dollar was 1 shilling and 8 pence. A factor which has undoubtedly contributed to this rise is the increasing wealth of the community, as evidenced by the growth in the revenue of the Colony, from $4,901,074 in 1902 to an amount estimated at $6,448,025 for

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494 out there is much in the Memorial worthy of Your Lordship's consideration and I would draw special attention to its 11th paragraph. 4. The 2nd Memorial puts the case of Officers on the whole moderately and correctly except that in my opinion Table 'A' which is intended to show that a head of a junior department requires, to live reasonably, $9,924 or say at $9 to the Pound £1,100 per annum and a junior Officer $4,260 or say £475 per annum does, as seems to have been anticipated by the memorialists in paragraph 8 of the document, prove somewhat too much. But I am satisfied as to the general accuracy of the statements and figures in Tables 'B' and 'C', and that it is not overstating the case to say that the cost in dollars of those items of living which are paid for on a silver basis has gone up at least 20 per centum since 1902 when the Sterling Salary Scheme was introduced and during which year the average Gold value of the dollar was 1 shilling and 8 pence. A factor which has undoubtedly contributed to this rise is the increasing wealth of the community, as evidenced by the growth in the revenue of the Colony, from $4,901,074 in 1902 to an amount estimated at $6,448,025 for
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494 out there is much in the Memorial worthy of Your Lordship's consideration and I would draw special attention to its 11th. paragraph. 4. The 2nd. Memorial puts the case 1 ! of Officers on the whole moderately and correctly except that in my opinion Table 'A' which is intended to show that a head of a junior department requires, to live reason- -ably, $9,924 or say at $9 to the Pound £1,100 per annum and a junior Officer $4,260 or say £475 per annum does, as seems to have been anticipated by the memorialists in paragraph 8 of the document, prove somewhat too much. But I am satisfied as to the general accuracy of the statements and figures in Tables 'B' and 'C', and that it is not overstating the case to say that the cost in dollars of those items of living which are paid for on a silver basis has gone up at least 20 per centum since 1902 when the Sterling Salary Scheme was introduced and during which year the average Gold value of the dollar was 1 shilling and 8 pence. A factor which has undoubtedly contributed to this rise is the increasing wealth of the community, as evidenced by the growth in the revenue of the Colony, from $4,901,074 in 1902 to an amount estimated at $6,448,025 for
2026-06-03 17:27:28 · Baseline
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494

out there is much in the Memorial worthy of Your Lordship's

consideration and I would draw special attention to its

11th. paragraph.

4.

The 2nd. Memorial puts the case

1

!

of Officers on the whole moderately and correctly except

that in my opinion Table 'A' which is intended to show

that a head of a junior department requires, to live reason-

-ably, $9,924 or say at $9 to the Pound £1,100 per annum and

a junior Officer $4,260 or say £475 per annum does, as

seems to have been anticipated by the memorialists in

paragraph 8 of the document, prove somewhat too much. But

I am satisfied as to the general accuracy of the statements

and figures in Tables 'B' and 'C', and that it is not

overstating the case to say that the cost in dollars of

those items of living which are paid for on a silver basis

has gone up at least 20 per centum since 1902 when the

Sterling Salary Scheme was introduced and during which

year the average Gold value of the dollar was 1 shilling

and 8 pence. A factor which has undoubtedly contributed

to this rise is the increasing wealth of the community,

as

evidenced by the growth in the revenue of the Colony, from $4,901,074 in 1902 to an amount estimated at $6,448,025

for

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