Shanghai, Jan. 21.
In_ view of publi¢ criticism the Shanghai Municipal Couneit has, de-elded to appoint a committee of re~ presentative business men to review the exchange adjustments and cost of living bonuses ranted by the Council to the Municipal staff in accordance with the recommendations of, the Staff Committee made in Meeting on Friday, December 23, 1038, and. to report' to the Council whether in their opinion such ad-jussiments and bonuses were justified, and If not in what respect they con-Hider they should be revised.
Tt ig hoped to announce the per~ sonnel of the proposed committee in the Immediate future, a statement released through the SIAO. Publicity Oflice yesterday, concludes. Tt is held a possible that. the personnel Will Be announced today already.
Much Criticism Voteed The decision to appoint a committee follows a flood of criticism voiced in local newspapers and radio since the Import of the bonus scheme eeame™ apparent to the general public.
The scheme provides for Mhard-times™ allowances for S.C. employees ranging from a straight 15 per cent, in the case of the "B" and NIP "class workers to over 60 per ent, for the six senior heads, The chiefs of the principal administrative departments would be granted ex: change adjustment on the whole of their' salaries In respect of any de~ cline in exchange below 1/2%4d., and deputies would be given similar Justment in respect of two-thirds of their salaries. Other "A" class em-
Chinese Taxpayers ployees would receive' the same Leneft in respect of one-third of their With every rise in exchange, a statement from the Council issued fon January 15 pointed out, the me creases. for the favoured employees would be less, On the other hand, evident that with a further decline in exchange these same increases would be greater.
Text read from the printed page and cleaned; old type leaves the occasional error.