8.
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17.
Your Petitioners respectfully submit that
it was not at the time of their respective
engagements as officers of the Civil Service or
at any time heretofore during their service
contemplated by Your Lordship or Your Lordship's
predecessors in office, or by any Governor of
the Colony, or by any of your Petitioners that
their sterling salaries should be paid in dollars
deemed for the purpose of such payment to be of
a fictitious value exceeding the value ascertained
by a Treasury rate of exchange based on the
average demand rate published by the banks.
18. Your Petitioners desire most earnestly to
represent to Your Lordship that a rule prescribing
the payment of one half of their sterling salaries
at a rate which bears no true relation to the
value of the currency wherein they are paid inflicts
up on Your Fetitioners a grievous hardship.
This hardship is the greater and may well
become insupportable in the case of those officers
who, by reason of their wives and families or
other dependants being in England, are compelled
to remit to England at the prevailing rate of
exchange a substantial portion of their salaries.
Your Petitioners feel that they are deprived
of all sense of security as to the amount of their
incomes and as to their ability to meet their
sterling obligations in England and their living
19.
expenses in a Colony where expenses are increasing
daily.
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