Executive Order 6936

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—


 * Second. That the cost of living index for the 6 months' period ending December 31, 1934, is 18.8 per centum lower than the cost of living index for the base period; and


 * Third. That this per centum being in excess of the maximum per centum prescribed by section 3(b), 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 centum.

, January 4, 1935.