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File 523/1912 Pt 1 'Persia: Imperial Bank: mint contract' [163r] (321/386)
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
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[This Docmnent is the Property of His Britannic Majesty's Government.!
PERSIA.
[May 27.]
CONFIDENTIAL.
Section 8.
[23810] No. 1.
Sir L. Mallet to Sir T. Jackson.
Dear Sir Thomas Jackson, Foreign Office, May 27, 1913.
IN the course of our conversation on the 2nd April last year, you said that you
would consult your colleagues of the Imperial Bank of Persia and write a letter
regarding the Mint contract between the Persian Government and the bank, about
which the Russian Government complained to us.
We have, however, received nothing from you except a short letter dated the
17th April, 1912, stating that the matter wns forming the subject of correspondence
with your chief manager at Tehran.
Sir Edward Grey has now received a telegram from Sir W. Townley to the effect
that he learns from your acting manager at Tehran that a contact is now before the
Cabinet for conferring on the Russian Bank a monopoly to coin silver.
This contract would grant to the Russian Bank the sole right to import silver for
coinage at the Mint from 14th July next for an indefinite period, that is. that the date
of termination of the. contract is not filled in, though Sir W. Townley has been told
that it is intended to run until 21st March, 1915. _
Apparently the manager of the Russian Bank is making every effort to succeed, as
he hopes to get promotion if he can arrive at St. Petersburgh—whither he is soon
proceeding —with the contract signed.
Mr. Brown has told Sir W. Townley that he thinks such a contract would violate
the concession of the Imperial Bank, as under that document it is necessary for you to
be able to import silver in order to be in a position to maintain the necessaiy bu hon
reserve under your note of issue contract. ,,
Sir W. Townley has asked the treasurer-general to suspend action pending the
receipt of Sir E. Grey’s instructions, and I shall he glad if you will call here one
afternoon soon to discuss the matter. . .
Yours sincerely,
LOUIS MALLET.
[2913 dd—S]
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' [163r] (321/386), 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_100035430677.0x000083> [accessed 20 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