CO129-527-12 Payment of Hong Kong pensioners in India 21-8-1930 - 21-8-1930 — Page 4

is certaing room for explanation

As proposed.

locs.

26.8.10

conce

4

ZETE 2. To for tel No. 6m

T

62 cons.

27 Any 50.

3. hoor. bony 120

9.9.20

Carbonts explanation of proposal regarding payl:

of Hong Kong Pensioners in India.

the dollar risco the lake

6.c if

will follow the rise love

tac

minimum

with no

t

reference with outing 5/5 a

fixed maximum limet

if a minimum is to be fixed, ? Suggest that a maximum dete

сво

also be determines o ask Goo?, is

Should

he

Shees

suggest

what it should

1

be

15.10.30

Ghices

I do not agree that we should suggest.

a

majimum rate. To whatever extent the Indian rufee might fall in relation to the H. K. dollar, it would not cost the H.K. Gosto a fenny extra to pay its Indian pensioners the full rufe equivalent of their dollar pensions. In fact it would nimfly

be an unwarrantable reduction