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Coll 28/22 ’Persia; Relations with H.M.G. Persian Debt to H.M.G.’ [‎21r] (41/385)

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The record is made up of 1 file (191 folios). It was created in 12 Jun 1931-1 Mar 1940. 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.

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m
6 ,
the Sheikh and to a special provision of the nature
referred to in paragraph 4 on page 30 of the
Memorandum in connection with the maintenance of the
lighthouse. They consider, however, that it should
he left to the Persian Government to raise this
question.”
8. Para.11. V. r alton is writing separately to
you about the Dusdap Railway*
9. Para.14. Page 12. This paragraph makes
no reference to one important additional concession,
viz. the abandonment of the balance of the War and
post-War debt. As you know there has been discussion
in the past as to whether the Minister should be
authorised to offer this concession, subject to the
concurrence of the Government of India and of the
Treasury. It is for consideration whether it might
not now be possible to give Sir R. Hoare discretion
in regard to it in return for a satisfactory settlement
on the other points in issue.
10. I now turn to the individual Articles of
the Treaty, the position in regard to which is set out
in the Appendix to the despatch. The Preamble and
Articles I, Illbis IV, VIII, XI, and XII are covered by
the remarks above. We have no comment on Articles IT,

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Content

Correspondence concerning the Persian Government’s desire, signalled in June 1931, to pay off in full a pre-war interest-bearing debt owed to Britain, totalling £490,000. Correspondence is chiefly exchanged between the Foreign Office (Charles William Baxter, George William Rendel), the 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. (John Gilbert Laithwaite), the Treasury (Thomas Kenneth Bewley), and the British Legation at Tehran (Charles Dodd), and covers:

  • The wording of a formal response to be given to the Persian Government, that does not comprise or jeopardise the outstanding (post-war) debt of £1,510,000 remaining to be paid.
  • The nature of the servicing of the debt and its interest.
  • In late August 1931, the Persian Ministry of Finance’s decision to abandon service of the debt, and continue payment of interest on the debt at seven per cent.
  • In 1932, the Persian Ministry of Finance’s reversal of their earlier decision to abandon servicing of the debt.
  • In June 1933, confirmation via the Imperial Bank of Persia of the full servicing of the pre-war debt.
  • 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. correspondence dated October 1933, enclosing a provisional draft of instructions for a General Treaty between Britain and Persia, making mention of the outstanding debt owed by Persia to Britain (ff 16-34).

The file contains two letters in French (f 42, f 47), sent by the Treasury General of the Persian Ministry of Finance.

Extent and format
1 file (191 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the file.

Physical characteristics

Foliation: the foliation sequence (used for referencing) commences at the inside front cover with 1, and terminates at the last folio with 192; 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.

A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.

Written in
English and French in Latin script
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Coll 28/22 ’Persia; Relations with H.M.G. Persian Debt to H.M.G.’ [‎21r] (41/385), British Library: India Office Records and Private Papers, IOR/L/PS/12/3419, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100041980874.0x00002c> [accessed 25 January 2020]

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