![Coll 28/3(2) ‘Persia. Financial situation.’ [‎351r] (701/817)](https://iiif.qdl.qa/iiif/images/81055/vdc_100000000602.0x0003b4/IOR_L_PS_12_3396_0726.jp2/full/!1200,1200/0/default.jpg "Coll 28/3(2) ‘Persia. Financial situation.’ [‎351r] (701/817)")
Coll 28/3(2) ‘Persia. Financial situation.’ [351r] (701/817)
The record is made up of 1 file (407 folios). It was created in 7 Sep 1938-1 Jan 1946. It was written in English and French. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
p
KO } 73/
British iemotion,
...Jfiihraa,
f 1 5
lifc)th 4.faroh , lf40.
I
] j j 4
i
My l ora,
I bare tbe honour to report l^hat dr}
March, 194 , the Hlnlater of r inanc e, before submitting the
bucket estimates for the year 1940 • 1941 to the Mejlis,
deposited a draft law authorising the national Bank of Iran
to increase the note circulation*
The draft law comprising a ainfle art ids, reads
as follows
* Ths national Bank of Iran is hereby authorised to
"increase the note circulation up tc an amount of rials
”1,600, KX) ,000 if necessary* The deficiency in metal corer
"up to a proportion of 60f, will be corered by the Crown
"Jewels, transferred to ths national Bank of Iran in
"accordance with tbe law of the 25th abac, 1316 (17th
"Norember, 1937 ) until such date as these are sold for gold"
3* Tbe present authorised limit is 1,176,163,600,
but I learn from a reliable source that the note issue to
date had not exceeded 1,090,000,000*
4* For sone months past the national Bank ol Iran
hare been drastically restricting their commercial credits
to the Basa&r, to sueh an extent in fact, that first class
merchants hare been forced to borrow at 24* per annum and
eren hi#er* There would seem to be little doubt that the
object
The Right Honourable
the Viscount Halifax,
1 •Cr • , ■ *C • > *1 • , Gr *C *1 *>.<«•,
etc •, etc •, etc •,
About this item
- Content
Papers reporting on the financial situation in Iran, sent by staff at the British Legation at Tehran (Horace James Seymour; Reader William Bullard) to the Foreign Office, London. The file is a direct chronological continuation of Coll 28/3 ‘Persia. Financial situation’ (IOR/L/PS/12/3394).
The file includes:
- Covering letters enclosing copies of the monthly Bulletin , produced by the Bank Melli Iran (also referred to as the Mellié Iran Bank, and Banque Mellié Iran). The copies of Bulletin are not included in the file (although some front covers do survive), however the covering letters give short summaries of their lead articles.
- Details and estimates for Iran’s annual budgets, with numerous statistical tables.
- Correspondence dated December 1939 to February 1940 relating to irrevocable documentary confirmed credits (irrevocable letters of credit) opened by Bank Melli Iran through banks in India (ff 356-361).
- Copies of laws passed by the Iranian Parliament, including a law relating to war credits and treasury bills (in French, f 334), a Law for the Prevention of Hoarding (ff 325-329) and an Income Tax Law (ff 262-271).
- Correspondence and budget reports dated 1943-1944, produced during the takeover of the administration of Iran’s Finance Ministry by a mission from the United States, led by Arthur Chester Millspaugh.
At the front of the file (ff 4-200) are fourteen monthly reports of the Administrator General of the Finances of Iran (Millspaugh), produced according to the Solar Hijri calender, and dating from Ordibehesht 1322 (equivalent to the Gregorian calendar date of 22 April to 22 May 1943) to Mehr 1323 (23 September to 22 October 1944). The reports, which also contain lists of staff of the Iranian Ministry of Finance and its connected organisations, summarise Iranian finances. Many of the reports contain a map of Iran (for example, folio 185), showing borders, roads and railways, major towns and cities, and districts, which are numbered 1 to 10.
- Extent and format
- 1 file (407 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the file. The file’s correspondence begins at folio 202 and ends at folio 407. Printed reports occupy the front portion of the file (with an enclosing note, ff 4-201), and are also arranged in reverse chronological order.
- Physical characteristics
Foliation: the foliation sequence for this description commences at the inside front cover with 1, and terminates at the last folio with 408; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.
- Written in
- English and French in Latin script View the complete information for this record
Use and share this item
- Share this item
Coll 28/3(2) ‘Persia. Financial situation.’ [351r] (701/817), British Library: India Office Records and Private Papers, IOR/L/PS/12/3396, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100037593731.0x000066> [accessed 11 August 2026]
https://www.qdl.qa/en/archive/81055/vdc_100037593731.0x000066
Copy and paste the code below into your web page where you would like to embed the image.
<meta charset="utf-8"><a href="https://www.qdl.qa/en/archive/81055/vdc_100037593731.0x000066">Coll 28/3(2) ‘Persia. Financial situation.’ [‎351r] (701/817)</a> <a href="https://www.qdl.qa/en/archive/81055/vdc_100037593731.0x000066"> <img src="https://iiif.qdl.qa/iiif/images/81055/vdc_100000000602.0x0003b4/IOR_L_PS_12_3396_0726.jp2/full/!280,240/0/default.jpg" alt="" /> </a>
This record has a IIIF manifest available as follows. If you have a compatible viewer you can drag the icon to load it.https://www.qdl.qa/en/iiif/81055/vdc_100000000602.0x0003b4/manifestOpen in Universal viewerOpen in Mirador viewerMore options for embedding images
Copyright: How to use this content
- Reference
- IOR/L/PS/12/3396
- Title
- Coll 28/3(2) ‘Persia. Financial situation.’
- Pages
- front, front-i, 2r:3v, 201r:202v, 204r:205v, 207r:247v, 249r:249v, 251r:258v, 260r:261v, 272r:285v, 291r:324v, 330r:333v, 335r:346v, 348r:358v, 362r:408v, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence