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Coll 28/114 ‘Persia. Financial affairs:- financial relations with H.M.G. and U.S. Govt.’ [‎65r] (129/470)

The record is made up of 1 file (232 folios). It was created in 3 Jan 1942-4 Nov 1943. 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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[This telegram is of particular secrecy and should be retained
L by the authorised recipient and not passed on].
[CYPHER]
WAR nABIHST DISTRIBUTION,
FROM PERSIA. %
FROM TEHRAN TO FOREIGN OFFICE
Sir R* Bullard*
No* 662,
14th June, 1943*
Repeated to Washington No. 54.
D. 7.15 p.m. 14th Juhe, 1943.
R. 3.45 a.m. 15th June, 1943.
Il'iPORTAI^T. .
My immediately preceding telegrams. “Wif l-
MillspaUgh's letter begins by recapitulating arguments
advanced in his previous letter reported in my
Wr> dR?;. He goes on to mention tne Persian Government s
proposals to sell gold,* silver and diamonds to the extent
that the market will absorb these commodities.
2. He continues M a conplete and accurate statement
of amounts owed by and to British and Soviets is impossible
because of the incredible disorganisation and confusion in
which we found accounts of the G-overmnent •
3. As regards British indebtedness to Persia he has
only this to say; ^ivlain item in Anglo~Persian account
concerns Persian claims for payment of customs duties and.
road taxes and possibly also certain ^ moun ^ s ,^ or 4 .F9^ e ^’ +
taxes on trees cut by the British . (comment: tms Ccinno
amount to any very considerable sum).
4. As regards Soviet indebtedness he has a lot to
say, for exanple:
1) Soviets owe the following approximate amounts:
a) 46 million rials to Ministry of Food. :
b) 5.8 million rials on account of advances to
Soviet Trade Delegation against goods sold in Feroia
c) 3.4 million rials for stores for railway paid for
but not delivered.
d) 2 million rials owed to Ministry of Commerce.
e) 80 million rials owed to railways for capital
works carried out in 1942/1945 at Soviet request.
/f) 50 million...

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Content

Correspondence and other papers concerning the financial crisis in Persia [Iran] during the Second World War, and the efforts made by the Governments of Britain and the United States of America to ameliorate the crisis, partly to help maintain military operations in the South-East Asian theatre of the War. The correspondence covers: the Persian currency crisis of 1942, and an agreement between the Governments of Britain and Persia, making provisions for the control of exchange rates between Persia and Britain (f 155); the appointment of Arthur Chester Millspaugh as Director-General of Finance to the Persian Government, in an effort to resolve the country’s financial crisis; Millspaugh’s assessment of the Persian economy, and his recommendations for its stabilisation (ff 71-75); correspondence between Millspaugh and the Financial Counsellor at the British Legation at Tehran, William Angus Boyd Iliff.

The file’s principal correspondents are: HM Envoy Extraordinary and Minister Plenipotentiary A diplomatic representative who ranks below an ambassador. The term can be shortened to 'envoy'. at Tehran, Reader William Bullard; the Foreign Office; and HM Ambassador to the United States of America, the Earl of Halifax, Edward Frederick Lindley Wood.

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 (232 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the file.

Physical characteristics

Foliation: the foliation sequence (used for referencing) commences at the inside front cover with 1, and terminates at the inside back cover with 234; 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.

Written in
English in Latin script
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Coll 28/114 ‘Persia. Financial affairs:- financial relations with H.M.G. and U.S. Govt.’ [‎65r] (129/470), British Library: India Office Records and Private Papers, IOR/L/PS/12/3527, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100063027336.0x000084> [accessed 28 May 2024]

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