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File 1855/1904 Pt 4 'Koweit:- Loans to Sheikh.' [25r] (49/242)
The record is made up of 121 folios. It was created in 1 Jun 1904-4 Apr 1918. It was written in English. 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.
Again t though Sheikh Mubarak draws a very considerable
revenue rom his date-gardens on the 3hatt-al-Arab he is
unable to realise it until the buyers have disposed of the
dates in the course of the oold weather. He informed me that
some six
lakhs
One lakh is equal to one hundred thousand rupees
of
rupees
Indian silver coin also widely used in the Persian Gulf.
were at present locked up in dates,
oi which none will be available until the next season unless
he presses the buyers, which he is unwilling to do apart from
such a course beinr* contrary to custom,
3. Ho has boon financing the Kuwait pearl to wash os and
nakhudas with all the cash he can sifcat collect in order to
tide them over the present low level of the pearl market, and
unless he can ho Ip theiu xiu-ther a large number will be ruined
by being forced to soli at prices far below their original
purchase money, and this will be followed by a reaction on
the local trade of Kuwait.
4* The Sheikh said he would not have asked unless it had
been absolutely necessary and if Government would be so good
as to accommodate him, (and it must be practically at once
if the situation is to be relieved), he would undertake to
repay half the loan after the date crop of 1914 and the other
half a year Inter. He bees that Government will assist him
and in order to save ht® time and further references he agreed
to my suggestion that ho should forward to me a written request
embodying and accepting the same conditions as were formulated
in your Arabic letter Ho. 192 dated the 1st June 1909 to his
address, when Government were pleased to sanction a loan in
that year. I have the honour to forward a copy and translation
of the Sheikh's letter for information.
5. I have the honour to recommend that the Sheikh's request
may be favourably received for apart from suoh assistance being
politic there is ample soourity for repayment of the loan
(a natter in which the Sheikh haa always kept his word hitherto)
and also heoause his enlightened and pnblio spirited action ir
supportin K hie people in the time of their need is coEimendable
ana worthy of enoouragenent. Should Government he pleased to
sanction
About this item
- Content
The volume concerns the payment of loans by the Government of India to Shaikh Mubarak [Mubārak bin Jābir Āl Ṣabāḥ] of Koweit [Kuwait].
The principal correspondents are 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. ; 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. , Kuwait; the Viceroy of India; the Shaikh of Kuwait; and senior officials at the Foreign Office, 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. , the Treasury, and the Government of India.
The papers cover: loan of 100,000 rupees Indian silver coin also widely used in the Persian Gulf. to the Shaikh of Kuweit in 1904 'to meet the payment due to his nephews under the recent arbitration award' (f 114v), June 1904 - February 1905 (ff 90-121); loan of 200,000 rupees Indian silver coin also widely used in the Persian Gulf. to the Shaikh of Kuweit in 1909, who needed ready money as a result of 'large advances made to pearl merchants who cannot be pressed for immediate repayment, and to the fact that his brother, Sheikh Khazal, has asked for postponement of large loan due to Sheikh Mubarak' (f 79), February - October 1909 (ff 37-89); loan of 200,000 rupees Indian silver coin also widely used in the Persian Gulf. to the Shaikh of Kuweit in 1913 as a result of financial needs arising from water supply difficulties in Kuwait, distress amongst the diving community caused by a falling pearl market, the Shaikh's inability to sell stocks of dates, and the need to support the owners of pearl boats and so prevent a reaction on the local trade of Kuwait (ff 24-25), December 1913 - February 1914 (ff 17-36); papers concerning the water supply at Kuwait, contained in Government of India memoranda dated September-October 1914 (ff 4-16); and 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. letter proposing remission of the loan of 1914, in view of the assistance rendered by the Shaikh of Kuweit 'in maintaining the blockade at Koweit', 4 April 1918 (f 2).
The date range gives the covering dates of all the documents in the file; the covering dates of the minute papers given on the subject divider on folio 1 are 1904-14. There are no papers between 1914 and 1918.
- Extent and format
- 121 folios
- Written in
- English in Latin script View the complete information for this record
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- Reference
- IOR/L/PS/10/48/2
- Title
- File 1855/1904 Pt 4 'Koweit:- Loans to Sheikh.'
- Pages
- 1r:121v
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence