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File 1173/1914 ‘Muscat:- financial affairs. Loans to the Sultan.’ [‎99r] (202/614)

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The record is made up of 1 volume (303 folios). It was created in 22 Dec 1910-4 Apr 1927. 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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4.
To sum up uhe points of the rtove-quofecl memorandum;
paragraph (a) is partly nearly negligible in effect and
partly found impracticable, (d) is unde/sirable,and { e)
inadvisable: (g) seems unnecessary and the Government of
India do not wish to accede to (b), (c) or (f) except as
last resources, (h) is agreed on but its financial effect
will not be immediately apparent.
5. In the circumstances the estimate of the immediate
future financial situation remains as previously described
by ray predecessor and myself, that is to say we may look
to a crisis occurring before very long. I find ohat in
1922 the bt r ‘.te lost It lakhs One lakh is equal to one hundred thousand rupees of rupees Indian silver coin also widely used in the Persian Gulf. , in 1923 1 lakh One lakh is equal to one hundred thousand rupees and
this year the deficit can hardly be less than % of a lakh One lakh is equal to one hundred thousand rupees .
This will by the end of the year leave Muscat without any
balance in hand and as the current revenue is not suffi
cient for the expenditure, which under the present
administration cannot,! believe, be reasonably reduced, f
there can be only one result, namely, bankruptcy. This
year we ought just to weather, helped by the present high
rate of the dollar and the prospects of a fair date crop.
I have also hopes that the appointment of the new
European Finance Minister may alter the situation
materially but, as 1 pointed out above, I do not think he
can be expected to improve the position much in the
immediate future.
Telegram K. No.816,dated 26 th(reed.27th)July 1924.
From - Political Bushire,
To - Foreign, Simla.
Your telegram July 11th 749 X.
Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. agrees with me that services ol Bower
are desirable from December 1st ior four months.
My despatch 418-S of July 20th Thora&s asks for cont
ract for 5 years,6 months leave after 6 years,pxus 1
month’s

About this item

Content

The file contains correspondence and other papers relating to the financial affairs of the Muscat (Maskat) state. It includes correspondence concerning loans from the British Government to the Sultan of Muscat, reports on the financial position of Muscat, and financial statements for the Muscat state, such as estimates of revenue and expenditure, and statements of actual revenue and expenditure.

The main correspondents are as follows:

The file also includes 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. minute papers and 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. internal notes (between John Evelyn Shuckburgh, Sir Thomas William Holderness, and others).

The file includes a divider which gives the subject number, the year the subject file was opened, the subject heading, and a list of correspondence references by year. This is placed at the back of the correspondence.

Extent and format
1 volume (303 folios)
Arrangement

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

The subject 1173 (Muscat:- financial affairs. Loans to the Sultan) consists of one volume, IOR/L/PS/10/449.

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 305; 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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File 1173/1914 ‘Muscat:- financial affairs. Loans to the Sultan.’ [‎99r] (202/614), British Library: India Office Records and Private Papers, IOR/L/PS/10/449, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100072763617.0x000003> [accessed 23 April 2024]

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