CO129-349 - Governor Sir Lugard - 1908 [10-12] — Page 358

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

the Gourmor

on

www

mtaug

to office's

sterling salary, the proposal is quite

cessary.

An offices gets

ан

advance

say of £50. When he gets back to the Colony, say ₤10

a

&

month is deducted from of his salary before the balance is converted into

Follars.

camot grumble for he жей fsoi receird $50 and parts back £50: The Goo

The man

love on

the Exchange but it

can put the

au advance

restors.

& the

to either side. The man waives

no grisance

g

fort

up

X

will make

تھا

pounds & is required to

Jollan

So many

pounds. Such a transaction

shoh governed in the rate of exchange ruling

payment is made.

is right.

when each

may gain wit may against the other, but

If but Handing is

the

fork mar

hare

Ga

offrier who

ta

was

back ₤55 for

a

loan of E

كمقامس

lost.

aquino to pay

50

Eso

would

grumble & not the be comforted by the

thought that he might have gained

of

As reards dollar

formula for

advance has always.

been that Uthe avai to that repayment Colony at exchange.

the

Mr Fiddo

which

not

бу

Rod pays at 2/, he br fairly

day ما كمتك

a

the man

gicance; for

352

monthly average may brether ator.

actual rooting rate of the

blow the

Day of payment when, under the new

paid at 2f wher

system, salaries are

2%

the average

$1-

clearly

a

the man.

grievance, if hit Harding is sight.

for he will be repaying

sterling value

umore

I

pounds.

Chan

Ave

& ark what"

It might h. will

dove: but it doesit да

Ke

жер

the

t

So

mud N

cument ratê

mainy pounds

sin

the

Hos at 2/

а

вт

thre

get art papers

1.474/1

think?

actually

affet

poût at

to love

tus

MA

I delayed this to

Itte

Cought

A. above. They didn't.

is right

aum

Sur

that hit Harding

as to the present practice. I had always thought ( & da't Kans that

I had

any ground for thinking.) that the transactions whe treated separately,

1.6. that a

man's salay

monthly average but that

#a deduction

made, if

outstanding, at the current rate

If I was

right, there is

at the

of the day.

مسة كرا

will

ttu

mally

present proposal for Sic

dugard has not realized that

not

proposal will fall any

Sam of exchange.

Au

loss

fuite the contray.

نہیں

advance under the go. is

ropaid h

An or loss monttity wis bluments.

Take for covariance

an advance

caludatt

A

man

an advance

is

g

50

the

I güven

to emathe

Apay for this passage, which

the usual

Assume that the monthly

Suggest

The

with $400

St

Lagard is 21.

site

will then be delibed

to to repaid in then instalmenti

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