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'File 60/20 I (C 93) Imperial Bank of Iran: Bahrain, etc' [‎125r] (250/409)

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The record is made up of 1 volume (201 folios). It was created in 22 Jan 1918-Feb 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. .

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lUgi
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f /f
■2 ' 2.
g P ^ F T P F, M T I a r,.
Office of the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency.
in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. ,
Camp, Shiraz,
The 19th August, 1944
* % -
fin
s ? * v
In continuation of my telegram Ho, 269 of 13th August,
1944 I enclose a copy of a very interesting letter and diary
ooinplled by Ham, the Manager of the Eastern Bank, regarding his
recent trip to Al Khobar. The fact that you have seen it should
not be disclosed to the Head Office of the Eastern Bank.
2e How the Eastern Bank came to be such Imbeciles as to
quarrel with what were then C.A.S^OeC. over their rates I cannot
imagine, as most of the profit went in Excess Profits Tax, but the
trouble clearly took place after August - September 1941 as I met
Ohliger then and found him perfectly happy with all his Bahrain
facilities, and must have occured during my deputation to Cairo.
I did not hear anything about it from the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. on my
return, but it was soon clear to me that there was a coolness
between the parties and I thought it might be due to the exorbitant
rates the Eastern Bank were then charging. I took up the question
of their rates but got little satisfaction and then determined to
bring in the Imperial Bank of Iran, with the results that you know.
The latter are a much better and stronger bank and will be very
useful to us, and their own position will be greatly improved
by being on both sides of the Gulf.
3. The Arabian Oil Company have evidently some ulterior
motive in trying to keep the Eastern Bank off the mainland and
their objection to Han^s Jewish Head Clerk is ridiculous, in fact
Ohliger himself is a Jew I It Is however disturbing to see that
the Eastern Bank propose to take a year in opening, and by that
time much of the advantage will have been lost. I do not regard
an American bank on the mainland as nearly so dangerous as one in
i
v
/ Bahrain,
R.T. Pee- .^ Esq., C.B.E., M.C.,
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. ,
London.

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Content

The volume contains correspondence relating to banking in Persia, Saudi Arabia, and the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. . The majority of the correspondence is between the British Ministry in Tehran, the Government of India, High Commissioner in Iraq (later the British Ambassador), Political Residency An office of the East India Company and, later, of the British Raj, established in the provinces and regions considered part of, or under the influence of, British India. in Bushire, the Foreign and Indian Offices in London, Political Agencies in Bahrain and Kuwait, the British Consulates in Shiraz and Bandar Abbas, the British Minister in Jeddah, the British Ambassador in Cairo, employees of the Imperial Bank Persia (later Imperial Bank Iran) and the Eastern Bank, and the Persian Government. Included as enclosures are several newspaper cuttings and transcripts.

The documents cover discussions over the Imperial Bank's operations in the region, including growing hostility in an increasingly nationalist Iran and the plans to open a branch in Bahrain. Much of the volume pertains to the work of rival banks in Bahrain and Dhahran in Saudi Arabia. These banks include the Eastern Bank, the Ottoman Bank and the National City Bank.

Folio 146 is a map of al-Hasa, Saudi Arabia, produced by the California Arabian Standard Oil Company.

Folios 191-198 are internal office notes.

Extent and format
1 volume (201 folios)
Arrangement

The volume is arranged chronologically.

Physical characteristics

Foliation: the sequence commences at the front cover and terminates at the back cover; these numbers are written in pencil, are circled and can be found 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 second foliation sequence is also present between ff 4-190; these numbers are also written in pencil, but are not circled and can be found in the same position as the main sequence. Circled index numbers in red and blue crayon can also be found throughout the volume. There are the following irregularities: f 33 is followed by f 34a and f 34b.

Written in
English and French in Latin script
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'File 60/20 I (C 93) Imperial Bank of Iran: Bahrain, etc' [‎125r] (250/409), British Library: India Office Records and Private Papers, IOR/R/15/1/554, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100023602663.0x000034> [accessed 23 April 2024]

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