File 74/1915 Pt 5 'Mesopotamia: Banking Facilities' [133r] (107/128)
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. .
Transcription
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Pm 1
'ML/.
X Telegram from Political, Bagdad, 5th Nov. 1918
(Received 7th - 5 p.m.)
B
\
9517. Foreign telegram 2256 S. November 2nd. Banking
facilities in Mesopotamia.
It is the need of the immediate future rather than
of the present with which I am concerned, and from this
point of view tb± I do not think we can advisedly defer
consideration of the matter pending a decision on
currency question which may take a year to settle. The
Imperial Ottoman Bank is not an institution which as far
as I can see we can advisedly encourage to expand its
business. The place formerly occupied by the Deutsche
Bank and by Messrs. R. Wonckhaus & Co. has, moreover,
to be filled.
It would appear from the tenour of unofficial
correspondence which passed between December 1916 aid
February 1917 that Government of India and Sir P. Cox
were then both in favour of encouraging the Alliance Bank
of Simla to open up here.
Messrs. Boulton Brothers are I understand w all British”
and have wide interests elsewhere than in India. This being
so and as I understood in 1917 from one of the Directors
tha.t they contemplated opening up here, I felt justified
in mentioning their name.
Addressed Secretary of State and repeated to Foreign.
About this item
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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.
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- 1 item (63 folios)
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- English in Latin script View the complete information for this record
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- IOR/L/PS/10/531/2
- Title
- File 74/1915 Pt 5 'Mesopotamia: Banking Facilities'
- Pages
- 80r:80v, 82r:82v, 85r:89v, 91r:97v, 99r:110v, 112r:121v, 122v:143v
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
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