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Coll 28/3(2) ‘Persia. Financial situation.’ [391r] (781/817)
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.
THIS DOCUMENT IS THE PROPERTY OF HIS BRITANNIC MAJESTY’S GO V ERNMENT
EASTERN (Persia).
CONFIDENTIAL.
Mar
2002
h 10, 1939.
S
||
[E 1795/210/34] 001)7 No ‘
Mr. Seymour to Viscount Halifax.—{Received March 10.)
Mv l or d ^ Tehran, February 6, 1039.
WITH reference to Mr. Butler’s despatch No. 85 E. of the 5th March,
I have the honour to transmit to your Lordship herewith a copy of the official
publication^) of the Banque Mellie Iran furnishing details of the annual leport
submitted to the general meeting and the bank’s balance sheet m respect of he
year 1316 (21st March, 1937, to 20th March, 1938). f
Y 2. Notes in circulation at 849,708,385 rials (about £10 621,355 at the official
rate of 80 rials to the £) show an increase of 36,522.165 rials on the figure at the
end ^ ‘ Gross profitsTn '1316 amounted to 101,971,949 -90 rials, leaving a nett
profit of 79,651,796-45 rials (£995,647), of which 10 per cent was passed to the
Statutory Reserve and 1,186,616-80 rials brought forward to the new account the
balance of 70,500,000 rials (£881,250) being made available for dividend to be
distributed.” It will he remembered that in the budget for 1316 the benefice des
notions de la Banque Mellie Iran ” was estimated at 40 million rials (£500 000).
fn the budget fTthe current year (21st March, 1938. to 20th March, 1939) the
estimate is 85 million rials (£1,062,500). . . •
4. The hank’s publication includes a brief report on the economic situation
^ A copy of this despatch is being sent to the Department of Overseas
Trade, to the Secretary to the Government of India in the External Affairs
Department and to His Majesty’s Ambassador at Bagdad.
r I have, &c.
H. J. SEYMOUR.
P) Not printed.
Go
555 k—1]
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
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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