CO129-601-1 Salaries Commission- currency basis of emolument 9-1-1948 - 5-6-1948 — Page 20

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171

Mr. Fairclough

Mr. Whittle

Mr. Bourdillon

20

* the old rate.

I think you should see No. 16, which answers Mr. Wallace's letter at No. 14. If I remember correctly certain Ceylon Government officers appointed before a certain date retained the right, when the value of the rupee was fixed at 18.44. to have their pensions paid at ls. 6d. Presumably, pensions paid in other dollar currencies tied to sterling are paid at a fixed rate of exchange which is not likely to be liable to any fluctuation, e.g. in the West Indies. (The position in Malaya is explained at No. 5 on this file.) But there, I presume, that fixed rate is, in fact, the Government rate, while here the proposal, if I understand it correctly, is that the rate should be fixed although the Hong Kong

angssment

Government rate might vary. Has the two wakivity pl about mathy a paediat any

oily

I am not sure that I agree with the view at "X" in Mr. King's minute of the 5th April. To propose new salaries but to leave the future pension position, as it were, unsafeguarded does not seem to me to be entirely reasonable.

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13.5.1948.

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