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'P. 1. 2410/1903. Persia:- Financial Situation. Loans.' [‎236v] (477/1056)

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The record is made up of 1 volume (526 folios). It was created in 3 Apr 1903-17 Jan 1906. 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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Le capital prete en yertu cle 1’Acte inscrit au recto The front of a sheet of paper or leaf, often abbreviated to 'r'. est augmente de 100,000/.
11 est convenu que cette nouvelle avance de 100,000/. formera, avec la somme de
190,000/. qui reste due, une redevabilite totale de 290,000/., remboursable, capital et
interets, en vingt annees, au moyen de vingt annuites egales, etant chacune de
23,270/. 7s., ecbeant le 4 Avril de chaque annee, et pour la premiere fois le 4 Avnl,
1905.
II est egalement convenu—
1. Que le mode de remboursement stipule de la sorte ne pourra £tre modifie
qu’en suite d’un accord accepte par les deux parties. y
2. Que les garanties affectees en vertu de 1’Acte inscrit au recto The front of a sheet of paper or leaf, often abbreviated to 'r'. du present Acte
restent acquises au remboursement de la dite somme de 290,000/.
Ainsi fait a Teheran, le l er Septembre, 1904.
(Signe) J. NAUS.
J. RABINO.
On the margin of the Persian text His Majesty the Shah lias written with his
own hand—
“His Highness the Sadr Azam. This 100,000/., in addition to the former
200,000/., is in accordance with the text, and is correct.”
The Persian text is sealed by Sultan Abdul Majid, Ain-ed-Dowleh, the
1st September, 1904.
I hereby certify that the above is a correct and true copy of the document
held by us.
(Signed) J. Rabino.
Inclosure 2 in No. 1.
Si?' A. Hardinge to the Mushir-ed-Dowleh.
Your Excellency, Tehran, August 30, 1904.
I HAVP the honour to inform you that I yesterday evening signed, with his
Excellency M. Naus, the “ Regiement Douanier ” provided for by Article V of the
Anglo-Persian Convention of the 9th February, 1903.
Before doing so, I handed to M. Naus the declaration inclosed respecting the
distinction made in the table annexed to the “ Rbglement,” between the Customs of
“ Arabistan ” and the so-called Customs of “the south,” of which his Excellency
took act.
1 am at the same time instructed by the Marquess of Lansdowne to make to your
Excellency the following communication on this subject, on the part of His Majesty’s
Government:—
His Majesty’s Government have received the note from your Excellency dated the
19th June lust, respecting the meaning attached by it to the expression “ Ears and the
Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. .”
They take note of the formal admission made in that note that the intention of the
Persian Government in using that expression was to exclude from the operation of
the Russian Loan Contracts all the Customs of Southern Persia; but they regret that
your Lxcellency’s reply cannot, in other respects, be considered satisfactory.
They deem it unnecessary to recapitulate the views held by His Majesty’s Govern
ment on this question, which have been clearly and definitely expressed, both in Tehran
and m London.
In order, however, to avoid any possibility of misunderstanding, I am instructed to
inform the Persian Government that His Majesty’s Government hold them to their
engagement of October 1897. This engagement is anterior to the Russian Loan
Agreements, and cannot be affected by any of their provisions.
1 am at the same time to state that, as it was admittedly intended by the British
and Persian Governments that the term “ Bars and the Persian Gulf” should include all
the Customs of Southern Persia referred to in the engagement of 1897, His Majesty’s

About this item

Content

The volume comprises telegrams, despatches, correspondence, memoranda, and notes, relating to a loan made to the Persian Government in April 1903, and further advances made during 1904 and 1905.

The discussion in the volume relates to the terms of the loan agreements including possible concessions and collateral that could be secured against them; and agreements with the Imperial Bank of Persia through whom the money was loaned. Also discussed is the definition of the term 'Fars and the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. ' in relation to customs duties, as this was one of the concessions that the 1903 loan was secured against.

Further discussion surrounds loans and advances which the Persian Government were negotiating with the Russian Government; and a proposal for an irrigation scheme on the Karun River which was considered as a possible concession in return for a further loan advance.

Included in the volume is a copy of the Règlement Douanier signed on the 29 August 1904 between representatives of the Persian Government and His Majesty's Government (ff 193-232).

The principal correspondents in the volume include the Secretary of State for Foreign Affairs (Lord Lansdowne, Sir Edward Grey), the British Minister to Persia (Sir Arthur Henry Hardinge), the Under Secretaries of State for Foreign Affairs (Sir Charles Hardinge, Sir Thomas Henry Sanderson), and for India (Earl Percy, Sir Arthur Godley), the Viceroy of India (Lord Curzon of Keddleston), the Secretary to the Political and Secret Department of the 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. (Sir Richmond Richie) and the London Manager of the Imperial Bank of Persia (George Newell).

The volume is part 1 of 4. Each part includes a divider which gives the subject and part numbers, year the subject file was opened, subject heading, and list of correspondence references contained in that part by year. This is placed at the back of the correspondence.

Extent and format
1 volume (526 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the volume.

The subject 2410 (Persia Loans) consists of 4 volumes, IOR/L/PS/10/8-11. The volumes are divided into 4 parts with each part comprising one volume.

Physical characteristics

The foliation sequence commences at the inside front cover with 1, and terminates at the inside back cover with 526; 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
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'P. 1. 2410/1903. Persia:- Financial Situation. Loans.' [‎236v] (477/1056), British Library: India Office Records and Private Papers, IOR/L/PS/10/8, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025717273.0x00004e> [accessed 25 April 2024]

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