CO129-525-3 Estimates 1931 and other financial papers 16-1-1930 - 1-9-1932 — Page 19

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

19

($49 Report)

(§ 12 & Refurt,

(& 12 & Report).

was

to recommend:

(1) An increase of 15% in sterling salaris,

refresenting the estimated permanent increase in local wost of living: (1) In addition, at discretion of Goot,

a lemporary cost. of living allowance 8 15% of serting salary for married

<74% for unmarred offices; (iii) The abandonment of

the previous

system of conversion (ut $10 to the fl

when the dollas was at of over.

and on a

4/4d

sliding scale for lower

tales down to 2/6d or under when

conversion was at $12 to the £1,

with a

further allowance

82909

dollar equivalent of sterling salares if married, a 1% if unmarried, for eachfenny that the value of the dollar Celow 2/6, up to maximum of 18% and 90% respectively) and

the substitution of

conversion at

the current rate of exchange if

that were

જે

2/- or less and at 2/-

If the current rate were above that figure. The Commission

assumed that there was a

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