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Coll 28/3 ‘Persia. Financial situation’ [10r] (30/396)
The record is made up of 1 volume (190 folios). It was created in 2 Jan 1935-22 Jul 1938. It was written in English and French. 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.
THIS DOCUMENT IS THE PROPERTY OP HIS BRITANNIC MAJESTY’S GOVERNMENT
PERSIA.
p y '
* . • j . i
May 16, 1938.
CONFIDENTIAL.
i
4 i 19 r
|
Section 2 .
[E 2795/130/34]
Copy No. f a
Mr. Butler to Viscount Halifax—{Received May 16.)
(No. 150 E.)
My Lord. Tehran, April 13, 1938.
WITH reference to my despatch No. 93 E. of the 9th March last, in which
I had the honour to report on the budget estimates for the Iranian year 1317 (the
21st March, 1938, to the 20th March, 1939), I enclose herein copies of a translation
of supplementary articles to the budget law published in the Ittila'at of the
18th March.Of the seventeen articles, the following are the more interesting
ones :*—
2. Article 1. The paid-up capital of the Banque Mellie, Iran, is to be
increased by purchases of gold.
3. Article 3 provides for a credit of £2 million for military requirements,
and intimates that a sum of £800,000 paid out of reserves to meet expenditure on
railway construction has been spent.
4. Article 6 authorises the Customs to insure against fire, with the Iran
Insurance Company, all goods lying at custom-houses, from the date of arrival.
The insurance premium will be collected from the owners of the goods when the
goods are cleared, unless the owner has previously submitted his insurance
documents. This practically enforced insurance will add to the cost of goods,
which are usually bought c.i.f. at an Iranian port, and also offers an easy way to
increase the receipts of the Iranian Insurance Company.
5. Article 9 authorises the Ministry of Finance to increase the capital of
the Agricultural and Industrial Bank from 30 million rials to 100 million rials,
the increase to be met by sales of Crown lands.
6. I am sending copies of this despatch to the Department of Overseas
Trade, to the Secretary to the Government of India in the External Affairs
Department and to His Majesty’s Ambassador at Bagdad.
I have, &c.
NEVILE BUTLER.
(9 Not printed.
[314 q—2]
About this item
- Content
Papers reporting on the financial situation in Persia [Iran] sent by staff at the British Legation at Tehran (Hughe Montgomery Knatchbull-Hugessen; Horace James Seymour; Nevile Montagu Butler) to the Foreign Office, London. The letters frequently refer to reports or statements produced by the Government of Iran, or the Bank Melli Iran (the National Bank of Iran, also referred to in the volume as the Banque Mellié Iran, or Bank Mellié Iran) that were enclosed with the originals, which are not included in the file. However, many of the letters do contain summary descriptions and commentaries of the items that were enclosed.
The reports include:
- summaries of the general economic situation in Persia
- Persian currency and exchange problems
- the economic situation and actions of the Bank Melli Iran, and the Government of Iran
- Persia’s gold and silver reserves, in relation to coinage and notes
- annual reports issued by the Bank Melli Iran
- translated copies of reports from the Board of Control Formally known as the Board of Commissioners for the Affairs of India, it was established by an Act of Parliament in 1784 to supervise the activities of the East India Company. of Reserves
- Iranian budget announcements
- Government receipts and expenditure on various economic sectors including industry, railways, agriculture
The volume includes numerous cuttings and typewritten extracts taken from the newspapers Le Journal de Teheran , and Le Messager de Teheran , all of which are in French. Also included is an annual report in French ( Bilan de L’Exercise ) for the Bank Melli Iran, published 20 March 1937 (ff 24-42).
- Extent and format
- 1 volume (190 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the volume.
- Physical characteristics
Foliation: the foliation sequence for this description commences at the inside front cover with 1, and terminates at the inside back cover with 190; 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. The front and back covers, along with the two leading and two ending flyleaves, have not been foliated.
- Written in
- English and French in Latin script View the complete information for this record
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Coll 28/3 ‘Persia. Financial situation’ [10r] (30/396), British Library: India Office Records and Private Papers, IOR/L/PS/12/3394, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100037162093.0x00001f> [accessed 25 April 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/3394
- Title
- Coll 28/3 ‘Persia. Financial situation’
- Pages
- front, back, spine, edge, head, tail, front-i, i-r:ii-v, 1r:6v, 9r:10v, 16r:23v, 43r:50r, 51r:77v, 79r:81v, 87r:90v, 93r:98v, 102r:111v, 113r:121r, 126v:128v, 132r:137v, 141r:143v, 147r:158v, 162r:164v, 168r:190v, iii-r:iv-v, back-i
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence