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File 1329/1910 'Persia: Imperial Bank (Seistan Branch)' [‎37v] (78/343)

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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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should procure to order goods for Persian traders on certain
conditions as regards a deposit etc., and should similarly act
as .Agents for firms in India and Sngland for the purchase of
local goods.
(0) that ii. they were not prepared to concern them
selves in trading matters to this extent, they should pass on
and prepay indents on approved firms in India and England with
out resposijility as to execution; and in conjunction with the
Punjab Bank, which nas established a forwarding agent at Ikishki,
undertake the Agency An office of the East India Company and, later, of the British Raj, headed by an agent. for importing the goods, i. e . payment of
railway and forwarding charges at Uushki, clearing from Customs
and payment of duty and forwarding charges at Geistan.
(c) a third and still less ambitious proposal, in tiie
case of the Bank preferring to have nothing whatever to do with
indents t>r their payment, was that the Branch should merely
carry out the importing hgency as specified in brief in (b)
above•
xliat a single importing hgency is necessary is, I
think, convincingly shown by a consideration of the number of
separate transactions a Birjand trader lias to arrange before
he can get up goods from an Indian sea-port. He must
( 1 ) find an agent at the sea-port that will under-
stand Persian requirements in general and Uis client's in
particular

About this item

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)' [‎37v] (78/343), British Library: India Office Records and Private Papers, IOR/L/PS/10/176, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100030583466.0x00004f> [accessed 26 April 2024]

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