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File 1855/1904 Pt 4 'Koweit:- Loans to Sheikh.' [‎79r] (157/242)

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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.

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From Viceroy, 22nd February 1909.
Foreign Secret. Koweit. Sheikh has applied to 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. for loan
of Rs. 2,00,000, free of interest, to be repaid in two yearly instalments.
Sheikh has been making large purchases of land, and explains that his need
for ready money is due to large advances made to pearl merchants who
cannot be pressed for immediate repayment, and to fact that his brother,
Sheikh Khazal, has asked for postponement of payment of this year’s
instalment of large loan due to Sheikh Mubarak. Knox suggests that
opportunity might be taken to press settlement of quarantine question and
rent of Agency An office of the British Government and, earlier, of the East India Company. house. See correspondence sent with weekly letter No. 37 M,
dated 10th September 1908. Cox, who strongly supports application,
considers that loan should be made independently of any political advantages
that might be taken of it. We consider that it is desirable for political
reasons, and to prevent possibility of Sheikh applying for pecuniary
assistance elsewhere, to make required advance free from interest on condition
that it is repaid in two yearly instalments, and that until repayment is made,
Sheikh shall not borrow from other sources. We do not anticipate any
difficulty in procuring repayment. Loan of Rs. 1,00,000 advanced in 1904
was promply repaid. See our Despatch No. 169 (Secret—External), dated
11th September 1904. We agree with Cox that advance should not be made
contingent upon settlement of quarantine or other questions. Amount of
loan can be made available from Treasury balance at Bushire, and as loan is
required by 22nd March, and Imperial Bank of Persia requires early notice
of intention to transfer, we should be glad if sanction could be communicated
by telegraph.

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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 Historically used by the British to refer to the sea area between the Arabian Peninsula and Iran. Often referred to as The Gulf or the Arabian Gulf. ; 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 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 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 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
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File 1855/1904 Pt 4 'Koweit:- Loans to Sheikh.' [‎79r] (157/242), British Library: India Office Records and Private Papers, IOR/L/PS/10/48/2, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100026127008.0x0000a7> [accessed 18 November 2019]

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