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

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The sum involved is considerable--of the order

of half a million pounds a year. If we took

action in this sense, I do not think that

we would be liable to justifiable Treasury

criticism.

The 9th: September 1931.

7/12/31

I think we may approve the fovernor's suggestions, and I would suggest that should the Colony's finances necessitate Practic measures of cemony, a salary cut would be a preferable method to an alteration

- contractual basis on which Afficus

appointed.

of

are

th

A sliding scale for salvries has many drawbacks, but in view of the preant Chanotre condition of the silver exchange, it might be advisable to have the whole problem examined....

Mult

11.8.31

at once

1offel. no. og to for. H.K. (No. 18amad) - 11 Sept. 1931

TES TROYED UNDER STATUTE

The Affto

spls to follow up how.

Then recise.

mosete. V

7.7. Malli 15/3/4

-

CA, agreements will need altering again or from 101.30

Whant.

15-

as

Walder

159.31

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