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Coll 28/114 ‘Persia. Financial affairs:- financial relations with H.M.G. and U.S. Govt.’ [‎67r] (133/470)

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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. IPS The branch of the British Government of India with responsibility for managing political relations between British-ruled India and its surrounding states, and by extension the Gulf, during the period 1937-47.
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[This_ tclc.groin is of particular sccrccy and should be
retained by the authorisedj^ecipiont and not passed on]
V7AR CiiSIKSlT DISTRIBUTI ON. ,
From UNITED STATES OF CtA-OuJouG^ -
FROM jhiSHINGTON TO FOREIGN OFFICE, oJzc*^
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Viscount Halifax
No. 2570
•iTh June, 1945.
D. l e 59 a 0 m. 5th June, 19-5.
R. 10.4-0 a„m. 5th June, 1945.
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Your telegram No. 5546 . (U3J >
Head of Near Eastern Division (ff^tn^ot^afe department told
member of my staff today that the State Department” had protracted
conversations with United States Treasury about Millspaugh’s
proposals and had yesterday sent a telegram to United States
Hinist r in Tehran ashing for clarification of certain points.
He implied that the State Department had found the Treasury a bit
sticky. He said that when United States Government had cleared
their minds they would hope to have discussions with the Russians
and ourselves about what could bu done. Have you any preferences
about the locale of such discussions whether London, 'Washington
or Tehran?
2. Head of Near Eastern Division said that he thought there
would be agreement that the Persians could postpone payment of
obligations due under Lend/Lease for truoxs etc. and expressed
hope chat we and the Russians ‘would do likewise if Persia owed us
anything.
<2
t
The question of a loan (paragraph 8 (k) in Tehran
^telegra m No. 485 to you ) bristled with difficulty from United
States point of view for reasons which will be familiar to you.
But possibly the Reconstruction Finance Corporation might be able
to provide .something. Ailing felt strongly that loans should be
tripartite and thought that Russians would be very 'SLiSttti ~
of an Anglo-American or purely American loan. tw. ruT
• 7 UUN1943
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.

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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.’ [‎67r] (133/470), British Library: India Office Records and Private Papers, IOR/L/PS/12/3527, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100063027336.0x000088> [accessed 28 May 2024]

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