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File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [‎109r] (226/436)

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The record is made up of 1 volume (212 folios). It was created in 6 Mar 1915-23 Jan 1918. 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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will require the bank to make either kind of remittance;
out the above provisions are suggested to provide for the
possibility.
Pur at i o n ..o f te r e ement . It is proposed that the agreement
should be terminable at 6 months’ notice on either side
but that such notice be not given until one year from its
commencement, unless justified or required by a change in
political circumstances.
It may be mentioned that some years ago the Imperial
Bank of Persia at the request of the Government opened
a branch at Nasratabad in Seistan, finding its own capital;
and received a subsidy of £1500 a year. The working
expenses of the Branch varied between £1500 and £2000 a
year. These figures suggest that, in a place like Basra,
so much more likely to afford good banking business, the
free use by a branch bank of Government capita.! fluctuating
between £35,000 and £65,000 ought to be sufficient
remuneration for ordinary banking services rendered to the
Government.

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Content

The file consists of correspondence and other papers mostly related to the Eastern Bank being invited by the Secretary of State for India to open a branch at Basra and to conduct the banking business of the Government of India at Basra. It also includes papers relating to: the Eastern Bank offering the services of their Baghdad branch to the Government of India, and the status of the Baghdad branch; the proposal of the Eastern Bank to open new branches at Ahwaz, Dizful [Disful] and Bahrein [Bahrain]; the Bank’s suggestion that all its employees in India should be exempted from military service (in the First World War); and applications for passports by the Bank for Bank employees.

The file mainly consists of internal 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. notes, Minute Papers, and Reference Papers, and correspondence between 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. and the following: the Manager of the Eastern Bank, Limited, London; the Viceroy of India, Foreign Department; and the Foreign Office. It also includes 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 with the Treasury, the Colonial Office, the Imperial Bank of Persia, the War Office, and other correspondents.

The file includes a divider which gives the subject number, the year the subject file was opened, the subject heading, and a list of correspondence references by year. This is placed at the back of the correspondence.

Extent and format
1 volume (212 folios)
Arrangement

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

The subject 74 (German War) consists of four volumes, IOR/L/PS/10/528-531). The volumes are divided into six parts, with parts 1, 2 and 3 comprising one volume each, and parts 4, 5 and 6 comprising the fourth volume.

Physical characteristics

Foliation: the foliation sequence (used for referencing) commences at the first folio with 1 and terminates at the last folio with 212; 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 foliation sequence does not include the front and back covers, nor does it include the leading and ending flyleaves.

Written in
English in Latin script
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File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [‎109r] (226/436), British Library: India Office Records and Private Papers, IOR/L/PS/10/529, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048311415.0x00001b> [accessed 20 April 2024]

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