CO129-339 - Acting Governor May Governor Nathan - 1907 [1-3] — Page 523

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

519

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only too well that the cost of living is on the increase,

and that the higher dollar has brought us no relief. We

give in Table B some comparative figures to prove that we

do not exaggerate.

10.

The Secretary of State has informed Your

Excellency that we are better paid than the Public Servants

of most other Colonies - a statement that we are not in a

position to controvert, as we have bot the information at

our disposal that might enable us to do so. Our contention

is less ambitious, namely to prove that our pay is in-

sufficient. There are however certain items in our ex-

penses which are peculiar to the Colony, as compared with

others in the tropics, which are:- coal, excessive house-

rent and the great cost of clothing due both to the need

of providing against very hot and very cold weather, and

also to the destruction caused by the damp. Steaner-fares

too are higher from here to England than from almost every

other Crown Colony,

11.

Table C shews that the enormous rents

charged, so far from falling with the rise of silver, have

greatly increased when reckoned in that metal, and enor-

mously increased when reckoned in sterling.

12.

We have laid great stress on the increasing

dollar prices, because therein lies the key to our positio

Under no possible circumstances could we gain by the rise of the dollar, since being paid in sterling it takes the

same proportion of our salaries to make our gold purchase

whether silver is high or low. At the best, if silver

prices at once and automatically adjusted themselves to

the different exchanges we should be as well though no

better off. But as we have shewn, silver prices so far fr

showing a tendency to so adjust themselves, even slowly,

are steadily on the rise.

13.

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