CO129-533-13 Salaries- conversion rate of sterling 30-1-1931 - 21-1-1932 — Page 18

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

an

This used be put as

alterative auggestion, we I wrved not kim down the loral scheme.

H

18

The Treasurer according to MrClauson's

information v the P.Q. file, anticipates a surplus

at the end of the year, and the serious budgetary

position, which

justified the step against

which the whole Hong Kong European Service and others

have continued to protest, may be regarded as

repaired. The Currency Commissioners' report is

according to Mr Clauson not likely to afford much

guidance for the reconsideration which has be en

promised, and the position will become to an

increasing extent more difficult to defend, unless

a more sahifactory some gradual restoration to

system of payment

in dollars in the Colony of salaries fixed and

offered in sterling be decided upon. H

reter to my minate of 19/3 carlier on this file)

approved

I very much hope Mr Martin's proposal will be debented.

As regards the Governor's proposal for

the solution of the remittance difficulty it seems

to me an unnecessarily involved scheme, and I should

prefer that each case in which the rule operates

harshly in the existing extraordinary situation

should be sympathetically considered by the Governor

on its merits, and that he should be given authority

to allow, say, up to a furtner 10 or 15% of salary

to be converted at the current rate

cases whe re

he is satisfied that commitments already exist to

justify it, or that commitments would, in normal

circumstances of salary conversion, have been

reasonably incurred - (the latter is necessary, I

think, in order that a lasting disadvantage may not

be forced upon an officer as a result of an emergency situation admittedly temporary,

(sa.) G.E.J.Gent.

14/7

(May

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