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Coll 28/114 ‘Persia. Financial affairs:- financial relations with H.M.G. and U.S. Govt.’ [‎173r] (346/470)

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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e
[CYPHER] 1
'Ik ■
FRCM TEHfL'J'l TO FOREIGN OFFICE.
J _ T
'" Sir R. Bullard,
No, 668 . D. 7.45 p.m.
18th May, 1942. R. 9.55 p.m.
DEP.JlTM4l'lT^L NO. 2.
WDM DIRECT
18th May, 1942•
18th May, 1942,,
Repeated to Minister of State Cairo telegram No* 68 Saving,
Bagdad telegram No. 100 Saving,
Government of India telepram No. 46 Saving.
g g g g g : v 1:iwOlCi I
MOST IMMEDIATE.
Following for Treasury from Iliff, reference Foreign
Office' telegram No. 766 and my immediately preceding telegram.
The Persian Government request your agreement to the
following amendments in text.
7 CPmPa*
Article 7 (2). Leave out last nine words. For
reasons of prestige they do not wish this phrase to go into
a published document.
Article 9. Leave out ’’cost of goods to be imported by
Imperial Persian Government from North America” and substitute
’’cost of goods to be imported into Persia from North America”.
They point out that private importers may require
dollars to pay for imports which the Exchange Commission may
not be able to supply.
Article 10 (1). Redraft second sentence to read as
follows: ’’the Government of United Kingdom will arrange that
facilities will be given to Imperial Persian Government to
utilise 40$6 of balances so credited for the purchase from
Bank of England of gold etc.”
Article 10 (2). Amendment similar to the immediately
preceding amendment.
2. Reference Article 10. The Persian Government ask
me to confirm what is the present price of gbld in Ottawa
in terms of United States dollars, and also ask whether and
in what circumstances this price is subject to variation.
' ?
m 3. Reference paragraph 1 of korni ?-n Office telcaram
N ft- 767 - Persian Government appreciate that the provisions of
Article 9 are to be regarded as disposing of claim for gold
referred to in paragraph 4 of Foreign Ofiice telegrom_No. 68 a.
An exchange of letters has been arranged.
[Copies sent to Mr. Waley and Mr. Armstrong].
INDIV.

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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.’ [‎173r] (346/470), British Library: India Office Records and Private Papers, IOR/L/PS/12/3527, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100063027337.0x000095> [accessed 19 May 2024]

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