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File 74/1915 Pt 5 'Mesopotamia: Banking Facilities' [‎108v] (58/128)

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The record is made up of 1 item (63 folios). It was created in 9 Oct 1918-3 Aug 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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occupied territory, to encourage
further banking enterprise in the
country. In adopting this attitude
Mr. Secretary Montagu was mainly
influenced by the desire (1) to prevent
• •
individual Companies from acquiring
what they radAht be disposed to regard
or what might be regarded by others.
r
t
as a privileged position in Mesopo
tamia; and (2) to avoid raising
expectations of official protection
or support which, in the event, His
Majesty’s Government might not find
themselves able to fulfil. These
objections, however, would not
necessarily arise in regard to the
present application, provided it were
made quite clear to Messrs. Boulton
that their Basra enterprise must be
undertaken as an ordinary coj-imercial
transaction, entirely at their own
risk, and that they must not look for
special favour or consideration at the
• »
uands of His Majesty’s Government or
oi the local authorities.
As your Department is aware, the
Civil Commissioner, Baghdad, (see his
telegram No.8517 and 9517 of the 9th
October and 5th November, 191#) has
advocated the provision of increased
oanking facilities in the occupied
territory, and -has reported in favour
ot encouraging Messrs. Boulton to
interes'

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This part contains papers relating to banking facilities in the occupied (by the British) territory of Mesopotamia [Iraq]. The papers consist 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. Minute Papers and internal notes.

The file includes papers relating to: the views of the Government of India and the Department of Overseas Trade on the question of extending banking facilities in the occupied territory; the application of Boulton Bros. & Co. to open a branch of the Alliance Bank of Egypt at Basra; the application of Tata Industrial Bank Limited to open a branch at Basra; and the request by the Colonial Bank for assistance to be given by the local authorities in Baghdad to Mr T Langdon-Bruce and Mr H E Weber, being sent by the Bank to enquire into the conditions obtaining in Mesopotamia and prospects for trade in the country.

The correspondence is mostly 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 Viceroy (of India), Foreign Department; the Foreign Office; the Civil Commissioner, Baghdad (including telegrams sent from ‘Political, Baghdad’); Boulton, Bros. & Co.; the Department of Overseas Trade; and the Colonial Bank.

Extent and format
1 item (63 folios)
Written in
English in Latin script
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File 74/1915 Pt 5 'Mesopotamia: Banking Facilities' [‎108v] (58/128), British Library: India Office Records and Private Papers, IOR/L/PS/10/531/2, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048952594.0x00001c> [accessed 19 April 2024]

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