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PZ 6556/40 'Hawking of Sterling Notes in the Middle East.' [2r] (3/12)
The record is made up of 1 file (4 folios). It was created in 6 Dec 1940-5 Feb 1941. 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.
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A
f/lth the Comp'imenti
^ of the
Under Seci-etary of Stat«
for lfe% r ^r! ftai ^ir B.
Dii
. 659 "
'.Jl'MJNriij No. 2.
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D. 12.sfe p.in. 25th January, 1941. . 7^^vt-ct
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R. . 8.10 a.m. 27th January, 1941.
No. 66
WWW
(o^ 6 ! . Your telegram No. 675.
Traffic is not passing through British hanks in
Iraq who will not accept Bank of England notes. The only
other handling channels are Bank of Rome and Kazilka and
I have not been able to obtain evidence as yet that notes
are being transmitted to Palestine through them. .1
strongly suspect however that notes are being smuggled
to Palestine by travellers especially grain cattle and
gold dealers and possibly by lorry drivers. . I am
enquiring further into this matter. Discount for notes
in Bagdad has increased from 10% to 13%.
Well informed source in close touch with Tehran
recently told^fet^^- Bank Bagdad that he had heard that
notes were reaching Iran from the Balkans in diplomatic
bags or by safe hands thus confirming Bucharest report.
It°may well be that similar means are being used for
sending notes to areas where they are still legal tender
especially India and Palestine.•
I see little hope of stopping the passage of notes
through Iraq but perhaps it would be^possible for Palestinian
authorities to oblige holders to register notes at
present in circulation with a view xo preventing smuggled
notes from entering into circulation.
Repeated to Jerusalem telegram No. 8 Saving,
Government -of India telegram No. 9, Tehran telegram No, 5.
About this item
- Content
The file contains correspondence between the British Consul General, Beirut, the British Ambassador to Iraq, the Foreign Office and the Treasury, regarding the smuggling of Sterling notes into the Middle East, and possible ways to end the practice.
- Extent and format
- 1 file (4 folios)
- Arrangement
The correspondence is arranged in approximate chronological order from the rear to the front of the volume.
- Physical characteristics
Foliation: the foliation sequence commences at the front cover with 1 and terminates at the inside back cover with 6; these numbers are written in pencil, are circled, and are located at 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 View the complete information for this record
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PZ 6556/40 'Hawking of Sterling Notes in the Middle East.' [2r] (3/12), British Library: India Office Records and Private Papers, IOR/L/PS/12/446, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100040635492.0x000004> [accessed 23 April 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/446
- Title
- PZ 6556/40 'Hawking of Sterling Notes in the Middle East.'
- Pages
- front, front-i, 2r:5v, back-i, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence