ANNOUNCING THE INDEX FIGURES FOR THE COST OF LIVING FOR THE 6 1VIONTH8' PERIODS ENDING JUNE 30, 1928, ND DECEMBER 31, 1934 By virtue of the authority vested in me by sections 2 and 3, title II, of the act entitled "An act to maintain the credit of the United States Government", approved March 20, 1933 (ch. 3, 48 Stat. 8, 12), as amended by section 21 (a), title II, of the "Independent Offices Appropriation Act, 1935" (ch. 102, 48 Stat. 509, 521), I hereby announce: First. That the index figures of the cost of living are- (a) 171.0 for the 6 months' period ending June 30, 1928, the base period, and (b) 138.9 for the 6 months' period ending December 31, 1934; Second. That the cost of living index for the 6 months' period ending Decem- ber 31, 1934, is 18.8 per centurn lower than the cost of living index for the base period; and Third. That this per centurn being in excess of the maximum per centum pre- scribed by section 3Co), as amended, the percentage of reduction applicable under section 2(b), in determining the compensation of officers and employees to be paid during the period from January 1, 1935, to June 30, 1935, inclusive, is 5 per centurn. FRANKLIN D ROOSEVELT T WzT House, January ,, 1935. [No. 6936] U. S. GOVERNMENT PRINTING
