Skip to item: of 385
Information about this record Back to top
Open in Universal viewer
Open in Mirador IIIF viewer

Coll 28/22 ’Persia; Relations with H.M.G. Persian Debt to H.M.G.’ [‎116r] (231/385)

This item is part of

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 Documents collected in a private capacity. .

Transcription

This transcription is created automatically. It may contain errors.

Apply page layout

%
[This Document is the Property of His Britannic Majesty’s Governme nt, and shouid be
returned to the Foreign Office if not required for official use.] ~ r 7j "
i * j J 1 <
1981
FROM PJ'IRSIA ,
Dccocio. Mr. Dodd (Tohrc'Ji). ,
26th August, 1931.
D. 5.35 p.m. 26th Aujunt, 1931.
R. 9.30 a.in. 27th Au.purst, 1931.
No. 192. (R).
My tolograms Nos. 187 and 188.
I have now received note stating:
(1) Persian Government havo deposits in London
with (a) National Provincial Bank with interest at 2
gths per cent and 3 per cent, (proportions not stated)
(b) Lloyds Bank at 2± per cent (c) Imperial Bank of
Persia at 2i per cent.
(2) Deposit in each (b) and (c) is not sufficient
to meet required sum hut deposit in (a) is more than
sufficient.
(3) Deposit matures on March 20th next (this
apparently means (a) ).
(4) Persian Government propose that advance should
he repaid with interest at 7 per cent to date on which
sum on deposit is transferred to Kis Majesty’s Government.
(5) After date of transfer His Majesty’s Government
will receive hank rate interest until March 20th.
Note states that proposal makes actually nc differ
ence to His Majesty’s Government. By this Persian Govern
ment mean that" if the whole sum were repaid tomorrow
without restriction His Majesty's Government could only
obtain hark rate interest upon it. I have already pointed
out it is no concern of Persian Government what His
Majesty's Government do with the money.
Note adds that if His Majesty’s Government can give
their assistance it will he appreciated.
Text by hag today.
Please telegraph instructions.
Addressed to Foreign Office No.192, repeated to
Government of India No. 124.

About this item

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
View the complete information for this record

Use and share this item

Share this item
Cite this item in your research

Coll 28/22 ’Persia; Relations with H.M.G. Persian Debt to H.M.G.’ [‎116r] (231/385), British Library: India Office Records and Private Papers, IOR/L/PS/12/3419, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100041980875.0x000022> [accessed 29 March 2024]

Link to this item
Embed this item

Copy and paste the code below into your web page where you would like to embed the image.

<meta charset="utf-8"><a href="https://www.qdl.qa/en/archive/81055/vdc_100041980875.0x000022">Coll 28/22 ’Persia; Relations with H.M.G. Persian Debt to H.M.G.’ [&lrm;116r] (231/385)</a>
<a href="https://www.qdl.qa/en/archive/81055/vdc_100041980875.0x000022">
	<img src="https://iiif.qdl.qa/iiif/images/81055/vdc_100000000602.0x0003cc/IOR_L_PS_12_3419_0234.jp2/full/!280,240/0/default.jpg" alt="" />
</a>
IIIF details

This record has a IIIF manifest available as follows. If you have a compatible viewer you can drag the icon to load it.https://www.qdl.qa/en/iiif/81055/vdc_100000000602.0x0003cc/manifestOpen in Universal viewerOpen in Mirador viewerMore options for embedding images

Use and reuse
Download this image