Skip to item: of 644
Information about this record Back to top
Open in Universal viewer
Open in Mirador IIIF viewer

Coll 28/67 ‘Persia. Annual Reports, 1932–’ [‎156v] (312/644)

This item is part of

The record is made up of 1 file (320 folios). It was created in 6 Dec 1933-27 Mar 1947. It was written in English and French. 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

This transcription is created automatically. It may contain errors.

Apply page layout

56
highly lucrative, export of the metal, which was draining the country of its silver
coin. Exporters of local products were losing heavily on their exports, and a
law was passed authorising the Banque Mellie to change the price of export
certificates : the buying price of the bank was raised from 9 per cent, to 25 per
cent., and the selling price from 13^ per cent, to 30 per cent. These rates were
reduced to 10 per cent, and 15 per cent, respectively in July when the rate went up
to 80 rials to the £. After going up to 90 in August, the rate was kept stabilised
at about 86 during September, October and November. In the middle of December
the Banque Mellie, for unknown reasons, stopped selling foreign exchange; the
rate shot up to over 97, and closed on the 31st December at about 92|.
(7) Banque Mellie Iran {National Bank).
392. On the 4th July a Bill was submitted to the Majlis providing for an
increase in the capital of the bank to 300 million rials, which, at the rate of the
day, represented about £3,750,000. The measure was passed unanimously on the
9th July. The gold deposited at the bank by the Government, valued at
216,806,435-25 rials (about £2,710,000), was definitely transferred to the capital
of the bank. A further sum of 1,193,564-75 rials, representing profits realised in
previous years, was also added. These two sums and the paid up capital of
8 million rials now brought the paid up capital to 226 million rials, or just over
£2,500,000, at the rate at the end of the year.
393. As stated in the section on currency, this gold is included in the
reserves against the note issue. No balance sheet for the year ended the
21st March, 1935, had been published by the end of 1935, so it will probably be
some time before it is known how this gold is made to serve a double purpose.
394. Towards the end of the year it was reported that several French
financial experts were being engaged for the bank; one arrived at the end of the
year and four others were following. It is understood that they are coming for
the reorganisation of the bank.
395. An extraordinary general meeting was announced to take place on
the 26th December; nothing has been published as to what happened. The
ordinary general meeting was fixed for the 5th January, 1936, the agenda
being :—
(1) Discussion and passing of the accounts for 1313 (March 1934-
March 1935).
(2) To examine and approve the budget of the bank for the following two
years.
(3) To examine and approve the programme of the bank for 1314.
(4) To elect “ Conseils Superieurs ” in accordance with the statutes.
(5) Submission of the report on action taken up to date for the creation of
the “ Bourse.”
396. The new premises of the bank will probably be completed early
next year.
(8) Agricultural and Industrial Bank.
397. A branch of this bank has been inaugurated at Kerman, and branches
are to be opened at Kermanshah, Hamadan and Saoujboulagh (Azerbaijan). The
bank has participated in the formation of several companies, which have been
accorded the monopoly of dealing in the principal products of the country. It
is also interested in the scheme for sinking artesian wells at various places for
the improvement of the water supply for irrigation.
(9) Insurance.
398. The budget for the current year made provision of 15 million rials
(£166,666) for a State insurance company. The supplementary law to the budget
provides for the organisation by the Agricultural Bank of a Real Estate Mortgage

About this item

Content

Annual reports for Persia [Iran] produced by staff at the British Legation in Tehran. The reports were sent to the Foreign Office by HM’s Envoy Extraordinary and Minister Plenipotentiary A diplomatic representative who ranks below an ambassador. The term can be shortened to 'envoy'. at Tehran (from 1943, Ambassador to Iran). The reports cover the following years: 1932 (ff 2-50); 1933 (ff 51-98); 1934 (ff 99-128); 1935 (ff 129-165); 1936 (ff 166-195); 1937 (ff 196-227); 1938 (ff 228-249); 1939 (ff 250-251); 1940 (ff 252-257); 1941 (ff 258-266); 1942 (ff 267-277); 1943 (ff 278-289); 1944 (ff 290-306); 1945 (ff 307-317); 1946 (ff 318-320).

The reports for 1932 to 1938 are comprehensive in nature (each containing their own table of contents), and cover: an introductory statement on affairs in Persia, with a focus on the Shah’s programme of modernisation across the country; an overview of foreign relations between Persia and other nations, including with the United Kingdom, British India, and Iraq; Persia’s involvement in international conventions and agreements, for example the League of Nations and the Slave Traffic Convention; British interests in or associated with Persia, including Bahrain and Bahrainis resident in Persia, the Residency An office of the East India Company and, later, of the British Raj, established in the provinces and regions considered part of, or under the influence of, British India. at Bushire, the Anglo-Persian Oil Company, Imperial Bank of Persia, and the Imperial and International Communications Company; political affairs in Persia, including court and officials, majlis, tribes and security; economic affairs in Persia (government finances and budgets, trade, industry, agriculture, opium production); communications (aviation, railways, roads); consular matters; military matters (army, navy, air force).

Reports from 1939 to 1946 are briefer in nature, Reports from 1941 onwards focusing on the Anglo-Soviet occupation of Persia, and the role of United States advisors in the Persian Government’s administration.

The file includes a divider, which gives a list of correspondence references contained in the file by year. This is placed at the back of the correspondence.

Extent and format
1 file (320 folios)
Arrangement

The file’s reports are arranged in chronological order from the front to the rear of the file. Each report for the years 1932-1938 begins with a table of contents referring to that report’s own printed pagination sequence.

Physical characteristics

Foliation: the foliation sequence (used for referencing) commences at the front cover with 1, and terminates at the inside back cover with 321; 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 file contains one foliation anomaly, f 308A

Pagination: Each of the reports included in the file has its own printed pagination system, commencing at 1 on the first page of the report.

Written in
English and French in Latin script
View the complete information for this record

Use and share this item

Share this item
Cite this item in your research

Coll 28/67 ‘Persia. Annual Reports, 1932–’ [‎156v] (312/644), British Library: India Office Records and Private Papers, IOR/L/PS/12/3472A, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100056661167.0x000071> [accessed 29 March 2024]

Link to this item
Embed this item

Copy and paste the code below into your web page where you would like to embed the image.

<meta charset="utf-8"><a href="https://www.qdl.qa/en/archive/81055/vdc_100056661167.0x000071">Coll 28/67 ‘Persia. Annual Reports, 1932–’ [&lrm;156v] (312/644)</a>
<a href="https://www.qdl.qa/en/archive/81055/vdc_100056661167.0x000071">
	<img src="https://iiif.qdl.qa/iiif/images/81055/vdc_100000000648.0x00001b/IOR_L_PS_12_3472A_0312.jp2/full/!280,240/0/default.jpg" alt="" />
</a>
IIIF details

This record has a IIIF manifest available as follows. If you have a compatible viewer you can drag the icon to load it.https://www.qdl.qa/en/iiif/81055/vdc_100000000648.0x00001b/manifestOpen in Universal viewerOpen in Mirador viewerMore options for embedding images

Use and reuse
Download this image