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File 1329/1910 'Persia: Imperial Bank (Seistan Branch)' [‎30v] (64/343)

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The record is made up of 1 volume (169 folios). It was created in 1904-1910. 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. .

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»i br “■ i " k “"»" “• '»»-»*
(1) A Trade Agency An office of the East India Company and, later, of the British Raj, headed by an agent. has recently been established at Nushki at our
down bv Tba^Jin" 1 ^^^ Bankln S C^pany. Certain conditions laid
flown by that Bank are in course of arrangement but in the mean
tune the.r Agent is already installed at Nushki, and is doin<r use ful
work in receiving goods consigned to Nushki and forwardin<i
them on to merchants in Seistan. r g
(2) The Railway Companies of India have at my request sanctioned a
rebate on Persian trade goods sent by passenger train similar to
those already granted in the case of goods traffic. *
(3) The contract for the supply of camels along the Nushki Seistan
route is m good working order and camels are being punctually
supplied whenever asked for. punctually
Much still remains to be done in imnrmnncr a , .
between India and Persia. The present arrangement bf whth’mrXht
excess of the amount which can be carried by the sanctioned estahlishmelt n?
riding camels, are forwarded by loading camels is n mnef „ establishment of
and defeats the primary objects of a pa'rcel post service. I hatt recent^ so™
a large collection of parcels at Nushki waiting there to be Warded L p
loading camels and one can fully appreciate the anuoyanee of the tisi" by
now awaiting the tardy arrival of these parcels many "weeks hence ; “ p anees •
The matter is I understand under the consideration ^The Director-Generinf
Post Offices and if he will ar'an^e for a sufficient number of riding camels +n
meet the requirements of the parcel post service and if the Persifn Pn °
ment can be induced to allow'parcels^ be cleared at Bl^nl arweU as'Tn
Seistan an impoitant step will have been taken in the direction of stimulating
„ , 12 ' Major Rennion has referred in his letter among various other matters
affecting trade to the question of export from Persia. matters
On the increase of exports from Persia must Ippp’pIv rlpnnnri
o Indian trade with that country, and therefore every effort Should be* made
on our part to minimize or remove all such restrictions as are now imposed bv
the Persian Government on export of natural products. mposed by
cer Js^muaht'^oit^M '"“T S ° • l0 '' S 011 tbe exportation of
cereals orou ht about by Major Reunion’s efforts is an important sten in
advance, but it is now necessary to effect a reduction of the export dues on^.his
important commodity. Until this is done the huge stocks of the surplus erain
available in Seistan cannot be profitably exported to distant markets. g
13. Next in importance comes the necessity of removing the present
restrictions m the export of ghi. Major Kennion has ooncluled from the
small extent to which advantage was taken in the rnst nf
which he obtained for the export of «0 "hi, and from^S
calculations he lias made of the small profits to be derived from the export of
s^taple^f'trmle^has'bMn overatetL° ^ the of ^ t
sufficiently known. (The Seistanis who have visited Nushki boVkst yeaf
a bad onJfor ghf. reSS ’ SI10railCe of the concession ). and (2) to the season being
. T| Je traders w ho have brought ghi from Seistan to Nushki admit having
derived a fair profit from it and the fact that it pays Afghan traders to irnnort
be‘imported™ith^proEt°fr 0 m Se^^' diSp0SeS ° f ^ idea that U CaBIlot
forbidden^w* Seiran, e |t t formed^one^f^^pri'ncipa^arUcles of'trad^'andlt

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Content

The volume comprises telegrams, despatches, correspondence, memoranda, notes, reports and accounts relating to a subsidy arranged for the Imperial Bank of Persia in May 1903. The subsidy was paid by the Government of India and related to the establishment of the Imperial Bank of Persia branch bank in Nasratabad in Seistan province.

Correspondence discusses the terms of the granting of the subsidy, grounds for its discontuance, and the proposal of the Government of India to transfer the business of the Seistan branch from the Imperial Bank of Persia to the Punjab Banking Company, if the Imperial Bank of Persia was unable to operated as a combined banking and trade agency An office of the East India Company and, later, of the British Raj, headed by an agent. business.

The correspondence includes (ff 158-165) the Proceedings at the 15th Annual General Meeting of the Shareholders of the Imperial Bank of Persia, held at the Cannon Street Hotel, on the 12th December, 1904'.

The principal correspondents in the volume include the Secretary of State for Foreign Affairs (Sir Edward Grey); the Manager, Imperial Bank of Persia (G Newell); the Secretary of State for India, JohnMorley, 1st Viscount Morley of Blackburn; and the British Consul for Seistan and Kain (Major R L Kennion).

The volume is part 1 of 1. 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 (169 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the file. The subject 1329 (Persia: Imperial Bank (Seistan Branch) consists of 1 volume, IOR/L/PS/10/176. The volume is divided into one part with each part comprising one volume.

Physical characteristics

Foliation: the foliation sequence commences at the front cover with 1, and terminates at the inside back cover with 169; 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.

Written in
English in Latin script
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File 1329/1910 'Persia: Imperial Bank (Seistan Branch)' [‎30v] (64/343), British Library: India Office Records and Private Papers, IOR/L/PS/10/176, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100030583466.0x000041> [accessed 18 April 2024]

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