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File 74/1915 Pt 4 'Mesopotamia: Imperial Ottoman Bank, Baghdad Branch' [‎239r] (191/422)

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The record is made up of 1 item (210 folios). It was created in 25 Mar 1917-3 Feb 1921. 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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^^ 0Tr0M ^B M
V V LONDON AGENCY An office of the East India Company and, later, of the British Raj, headed by an agent. , / T_
26,Throgmorton Street, e.c. 2
TELEGRAMS
BIOTTO, STOCK, LON don!'
21 5 4
I m I R
2>«ar Sir,
With r«f«renc« to tho Manager f s conTcreation the other
day with Mr Shuckburgh, we shall be pleased to hear if he has
anything further to tell us.
Secondly, we beg to enclose you copy of a letter which
is sent out by the Controller of Hostile Trading Concerns, Bagdad.
In this letter, the Controller states that the Turkish Currency
Note is at a heavy discount; and yet conveys the idea to the
recipient of his letter that the Imperial Ottoman Bank,London,
should pay full faee value. Ignoring the fact that if this were
dene an artificial value would be immediately given to the Turkish
Currency Note all ovar enemy territory*
Our experience points to the fact that the Controller's
letter has not created in the recipients 1 mind? the impression
wished, because the recipients seem to consider that this letter ♦
entitles them to be paid at the full face value of Turkish
Currency Netee received on the other side; this is, so far as
we can perceive, entirely contrary to the views set out in your
letter of 17th August last, and plaeee us in an awkward position*
!/
Furthermore,
1*
' ;

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This part contains 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 relating to the Imperial Ottoman Bank in Mesopotamia [Iraq], mainly concerning the Baghdad branch.

It includes papers regarding:

  • The decision of the British Government, on the recommendation of local British political authorities, to close the Baghdad branch of the Imperial Ottoman Bank for the duration of the First World War, on the grounds that the Bank was identified with enemy interests, and it continued to do enemy business up to the date of the British occupation of Baghdad, and was recognised by the Turkish authorities as a Government bank.
  • The proposal of the London Agency An office of the East India Company and, later, of the British Raj, headed by an agent. of the Bank to send their representative Mr Critchley to Baghdad to enquire into the interests of the Bank’s shareholders and clients in Mesopotamia, and their later proposal to send Mr H R Saltmarsh and Mr E E Humphries instead of Critchley.
  • The proposal of the Civil Commissioner, Baghdad, that the Baghdad branch of the Bank should be allowed to re-open.
  • Permission being granted to the Imperial Ottoman Bank at Basra to correspond with its Constantinople [Istanbul] Office.
  • The visit of Lord Goschen, a director of the Imperial Ottoman Bank, to Mesopotamia.
  • A query by Drysdale and Company Limited about whether the Imperial Ottoman Bank at Baghdad was ‘a safe and sound’ institution, in response to a customer asking the company to accept payment at the Imperial Ottoman Bank in Baghdadthe proposal that the Baghdad and Mosul branches of Bank should be permitted to settle transactions dating back to the period before the British occupation.

The correspondence largely consists of 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 Foreign Office; Sir William Plender, appointed by the Treasury as Supervisor of the Imperial Ottoman Bank’s London Agency An office of the East India Company and, later, of the British Raj, headed by an agent. ; the Imperial Ottoman Bank, London Agency An office of the East India Company and, later, of the British Raj, headed by an agent. ; the Viceroy of India, Foreign Department; and the Civil Commissioner, Baghdad (telegrams addressed from ‘Political, Baghdad’). The file also includes copies of Foreign Office correspondence with the London Agency An office of the East India Company and, later, of the British Raj, headed by an agent. of the Imperial Ottoman Bank, and Sir Reginald Wingate, High Commissioner, Egypt.

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1 item (210 folios)
Written in
English in Latin script
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File 74/1915 Pt 4 'Mesopotamia: Imperial Ottoman Bank, Baghdad Branch' [‎239r] (191/422), British Library: India Office Records and Private Papers, IOR/L/PS/10/531/1, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048952595.0x000059> [accessed 24 April 2024]

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