CO129-574-6 Hong Kong pensioners in India- rate of exchange 31-8-1938 - 26-10-1938 — Page 24

Enclosure No.2

24

As

of the Prisons Department who request that payment of

pensions at the privileged rate may be continued. this petition puts the case in a slightly different

manner, I enclose a copy of it for your information.

1. With reference to the fourteenth paragraph

of the first petition I would inform you that the

petitioners are in error. Actually all sterling

salaries paid in Hong Kong are at present converted

at the rate of 1/3d. $1. No dollar salaries are

=

paid outside Hong Kong except in India, where for convenience an average rate based on the market rate for the preceding six months is used.

I have the honour to be,

Sir,

Your most obedient, humble servant,

a_d. Worthisto

Governor.