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File 523/1912 Pt 1 'Persia: Imperial Bank: mint contract' [155v] (306/386)
The record is made up of 1 item (195 folios). It was created in 1912-1917. 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.
settled by the Medjliss granting them a concession to benefit by the import of a stated
quantity of silver for coinage, if it did not contravene the Grovernment s existing
arrangements with the bank. . i i
As that concession did contravene existing arrangements the bank protested, and
the matter was quashed, and the two natives have not imported a single ounce of silve 7 '" *
to this day. Apart from this question of principle, the two natives have not the
necessary capital to import silver, but rely on the bank advancing the money to do so.
This of course was merely the Oriental way of circumventing an awkward situation, and
leaving the bank to do what the Medjliss shirked. The same applies to our ten-year
contract. The Persian Government is glad to know that the contract exists, but gladder
still to think that the onus of fighting the issue does not lie with them, although I’ve no
doubt they would cave in to the side which makes the most noise about it.
Yours sincerely,
a n worm
About this item
- Content
The volume comprises telegrams, despatches, correspondence, memoranda, and notes, relating to a minting contract for the Imperial Bank of Persia.
Included in this part is the Imperial Bank of Persia's concession to mint and the anticipated infringement by the Russian Government, as well as the impact of the February Revolution 1917.
The part of this volume includes a divider which gives the subject and part numbers, the year the subject file was opened, the subject heading, and a list of correspondence references contained in that part by year. This is placed at the back of the correspondence.
- Extent and format
- 1 item (195 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the volume. The subject 523 (Persia) consists of 1 volume, IOR/L/PS/10/224. The volume is divided into 2 parts with parts 1 and 2 comprising one volume.
- Written in
- English in Latin script View the complete information for this record
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File 523/1912 Pt 1 'Persia: Imperial Bank: mint contract' [155v] (306/386), British Library: India Office Records and Private Papers, IOR/L/PS/10/224/1, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100035430677.0x000074> [accessed 2 August 2026]
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Copyright: How to use this content
- Reference
- IOR/L/PS/10/224/1
- Title
- File 523/1912 Pt 1 'Persia: Imperial Bank: mint contract'
- Pages
- 3r:195v
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence