CO129-555-14 Sterling Conversion rate for December salaries 21-11-1935 - 19-12-1935 — Page 12

XXX CONFIDENTIAL.

Sir,

12

GOVERNMENT HOUSE,

HONGKONG. 19th December, 1935.

With reference to your Confidential

telegram No.242 of the 13th December, 1935, on the

subject of the rate of payment of sterling salaries

in respect of the month of December, I have the honour

to inform you that in deference to the view expressed

in your telegram I am making arrangements for payment

at the Treasury rate.

RACK.

I have the honour to be,

Sir,

Your most obedient, humble servant,

Caldecor

Governor, &c.

THE RIGHT HONOURABLE

J.H. THOMAS, M.P.

&C.,

&C.,

&C.