CO129-533-13 Salaries- conversion rate of sterling 30-1-1931 - 21-1-1932 — Page 8

mercy say

that the situation

should be revicised after

report.

Incidentally

col

In anot

/hat a

remembe

8

fictitions rate for conversion

of sterling salaries is nothing

new

in stangling.

We have had

fictitious rati

(here for years

but when

the dollar was high,

The fiction

was

acceptable, an

nothing

was heard of it.

And a ddy-6-

Mr. Martin's suggestin

ab X,

for

which

there is ample

precedent?

26.2.31

Bee of State

GG

(through Dr Shicle)

I think the petitioners hizme

a grievance, and I would have

"

liked to limit the fictititions at

to 1/4 of thee salesics: but on