CO129-495 - Governor Sir Clementi - 1926 [11-12] — Page 157

TELEGRAM from the Governor of Hong Kong to the Secretary

of State for the Colonies.

Dated 8th December 1926.

(Received Colonial Office 1.55.p.m. 8th December 1926).

208 by

13

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Your telegram 16th November. If sliding scale

153

忝

and

amended and extended as follows. Begins:- Exchange Over 2/4 and below / privilege rate dollars 11.80= £1 over 5d and below / dollar 12.10 over below / dollars 12.40 cost estimated at dollars ig

113,000 per annum when dollar below / relief afforded would be inadequate in the case of officers making remittances. At dollars 12.40 officer on £1200 per annum would receive only dollare 40 per month extra. If officers making remittances are provided for as pro- visionally approved, I do not consider that the extension of the sliding scale is necessary at present,