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Coll 28/114 ‘Persia. Financial affairs:- financial relations with H.M.G. and U.S. Govt.’ [144r] (288/470)
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. .
Transcription
This transcription is created automatically. It may contain errors.
m-. m ■ e h
[This telegram is of particular secrecy and should be retained
by the authorised recipient and not passed on]
[Cypher] DSPaRTMENTAL (SECRET)
FROM TEHRixN TO FOREIGN OFFICE
D: 9. 02 p.m. 18th October, 1942,
R: 1, 05 a,m. 19th October, 1942,
Repeated to Minister of State Cairo telegram No. 426
Government of India telegram No. 496
Bagdad;filegram No,'404
for P.A.I, Force telegram No. 2 and ]
. . telegram No. _ ^
pi**** $4*-^
Sir R, Bullard,
No, 1550 •.
18th October, 1942.
’anphr^ /
IT* P..V
P P P'
MOST IM&iEDIaTE
' r A-yJt. ^ W J fM-
Please repeat to Kuibyshev as telegram No, 261. ^4.
Most Secret. i-: jn
u, ^ \ /
My telegrams No. 1284 and No. 1324. top . .. * \ *4'*
. S° mQ days ago the Government presented to Parliament a bill
to increase, note issue by 2,000 (repeat 2,000) million rials.
Bill met with a very hostile reception from the deputies
press and public and the Prime Minister infoms me that he
', Su " urQ its acceptance unless he is able to announce some
deiinite promise of economic help from the British and/or
United States Government.
2. Currency situation has now become acute, We can count
upon supplies of rials sufficient only for a few days.
Simultaneously a food crisis has arisen in Tehran caused
dy interference by Russian military officers with supplies
oi wheat from the Northern provinces. The position has
therefore become most difficult for the Prime Minister and
yesterday he was threatening resignation. The Soviet and
united States representatives and I are sure that the threat
is not idle.
3. Only after my -American colleague and myself had
expressed our readiness to recommend to our respective
S^ e u n3 T en ^ S 4 . c ? r ^ a ^ n measu:res in regard to food situation, about
which I am telegraphing separately, did I succeed in opening
up the possibility that a temporary currency bill may be
rTIsae ?u* ro 8$? Parliament tomorrow. I have no guarantee that
+Y e 5 5 h l s Wl11 ha PP en and J am greatly disturbed by the prospect
that future supplies of rials may be conditional on the grant
oi concessions which we.may be unable, and ought not to be
following telegrams. 16 ^ 366 in thiS connexion 2 immediately
4. We^must therefore'consider what should be done in the
event oi reiusal by the Government to increase note issue to meet
our needs.
5. A possible .solution is:
(a) that we should use our troops to take forcible
possession of note-foims still in the Bank of Mellie Tehran,"
and/
» •
About this item
- 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 View the complete information for this record
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Coll 28/114 ‘Persia. Financial affairs:- financial relations with H.M.G. and U.S. Govt.’ [144r] (288/470), British Library: India Office Records and Private Papers, IOR/L/PS/12/3527, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100063027337.0x00005b> [accessed 19 May 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/3527
- Title
- Coll 28/114 ‘Persia. Financial affairs:- financial relations with H.M.G. and U.S. Govt.’
- Pages
- front, front-i, 2r:5r, 6v, 11r:11v, 13r:15v, 23r:31v, 37r:39v, 45r:63v, 66r:70v, 76r:84v, 86r:99v, 101r:103v, 105r:105v, 107r:111r, 111ar, 111v:154v, 156r:175v, 177r:183v, 186r:234v, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence