CO129-350 - Public Offices - 1908 — Page 379

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which had been previously granted in respect

of one half, the result being that their

salaries were practically fixed in sterling,

while they retained the right to draw leave

salary and pension at special rates on their

nóminal dollar salaries. Under this arrange-

ment an officer whose nominal salary was

$1,000 received in dollars the equivalent of

3,000 shillings. The effect of this exten-

sion of the system of exchange compensation

was to give officers a further increase to

their salaries of approximately 25 per cent.

In the case both of officers on

sterling salaries and of officers drawing

exchange compensation on their full salaries

the method of calculating the exchange

compensation was that indicated in paragraph

4 above.

10.