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File 74/1915 Pt 6 'Mesopotamia: Banking Arrangements - The Eastern Bank's Branches at Mosul (+ Kermanshah). Embargo on Eastern Bank's Drafts at Aleppo' [‎38r] (75/158)

The record is made up of 1 item (79 folios). It was created in 30 Dec 1918-30 Jul 1920. 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. .

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Telegram - Code
Uo.
From
Folitioal, Baghdad
Egypforee, Cairo
8^76
Dat ed
24th July 1919
u Your telegram of July 17th OA/1414 to General Baghdad*
Eastern Banic does not issue promissory notes* Doouments
referred to are demand drafts on London. These should
appear in Aleppo only to the extent to which sterling
remittances have to be made from that place and should
not enter into ordinary circulation in competition with
note issue. Local expert opinion here is that root of
trouble in Syria is absence of standard currency and
depreciation to which you refer whether in paper or in ee4i
coin is merely relative to artificial tariff values which
have been fixed by proclamation and which have no relation
to marxet values* Latter in absence of standard currency
probably fluctuate greatly*
Political, Baghdad*

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This part mainly consists of correspondence, and 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. minutes and internal notes, relating to the Eastern Bank, including papers concerning: the desire of the Eastern Bank to open a branch at Kermanshah in Persia [Iran]; the Bank opening a branch at Mosul in Mesopotamia [Iraq]; the prohibition on dealings with the Eastern Bank’s demand drafts; and the Eastern Bank opening a branch at Bahrain (Bahrein).

It includes 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 Eastern Bank Limited; the Foreign Office; and the Civil Commissioner, Baghdad.

The file also includes a copy letter from the Consul, Imperial Consulate of Persia, Ordnance Works, Sheffield, to the Foreign Office, and a copy reply from the Foreign Office, July 1920, regarding the proposal of the Persian Consul to establish an Anglo-Persian Commercial and Trading Bank in Persia.

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1 item (79 folios)
Written in
English in Latin script
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File 74/1915 Pt 6 'Mesopotamia: Banking Arrangements - The Eastern Bank's Branches at Mosul (+ Kermanshah). Embargo on Eastern Bank's Drafts at Aleppo' [‎38r] (75/158), British Library: India Office Records and Private Papers, IOR/L/PS/10/531/3, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048952593.0x000057> [accessed 10 May 2024]

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