CO129-533-13 Salaries- conversion rate of sterling 30-1-1931 - 21-1-1932 — Page 5

5

to that extent the proportion of

Salary payabh at 1/62 will

be lessened.

The gmural question of the antitrany imposition of a rate of exchange for which günbe indainably amounts to a

aut in stealing salaines for

L an

the decision was

Officist

while they

Colony,

The

in views o

thu

rahen

alarming collapse

of the budgeting position,

>

that the branch do suggest that the

of faith incrland she be limited

by

a

State

direction from the Sec

that

ar from

the

7

beginning of the next financial

only

Σ (inclrad of the

present =) I stalag salaines

=)?

st be paid at

the fictitions

၄

from the next following

sh' be paid at

rate

year

the whole

the aument

Treasury rate.

This

wi

ema ble

the Budgetary

position to be adapted in good