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'P. 1. 2410/1903. Persia:- Financial Situation. Loans.' [‎291v] (587/1056)

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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. .

Transcription

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The case is, however, different when it comes
to requiring not only the Gulf Customs as a sole
guarantee hut a formal definition such as that men
tioned in Your Lordship's telegram of the 13th in
stant of what is meant by them. This is an entire-
t
\
ly new condition and although it might very properly
be attached to a new advance, I would respectfully
^plead that it may seem scarcely just to attach it.
for the first time to trie completion of an earlier
one in connection with which it has never before
been mentioned. It is not as if this definition of
the •Customs of Pars and the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. * were a
new question v/hich had come up since the advance of
1003. It .had formed the subject of discussion long
before and it has never been introduced into any of
the loan\negotiations; either that with the Imperi
al Bank of 1001, or the abortive one at the time of
the second Russian loan, or that of April 1003. I
would, therefore, most earnestly deprecate its being
brought'\in as a sort of afterthought into a transac-
tion for a sum offered a year ago on easier terms.

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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.' [‎291v] (587/1056), British Library: India Office Records and Private Papers, IOR/L/PS/10/8, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025717273.0x0000bc> [accessed 28 March 2024]

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