File 1262/1915 Pt 2 'Persia: Financial assistance: The Moratorium' [‎227r] (217/424)

Copy.
8888
16
(88433)
r
mlv
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P
treasury chambers,
9th Itoy, 1916.
2001
1916
Sir:-
,) 1 have lald before the Lords Commissioners of
His Majesty's Treasury your note of the 1 st ultimo
(W.61367), enclosing copy of a telegram No. 450 of
the 30th March last from His Majesty's Ambassador at
Petrograd stating that the Russian Government agree
to their share of the monthly subsidy to Persia under
tne head of a moratorium being paid out of their
credits in London.
My Lords have also had before Them your letters
/0f the 18th ultlmo (W.73372/1916), stating that the
whole of the accumulated arrears of the moratorium
have been paid to the credit of the Persian Govern
ment at the Imperial Bank of Persia in London, and
M 1 the 27Ui ultimo (W.74305/16), relative to the’payment
of the April subsidy.
The present position is therefore
as follows:-
Tne total sum promised to Persia up to
and including April 1916 is (16 months
at £30,000 per mensem)
£480,000
the whole or which has now been paid.
Of this amount, the British share is i
- £ 120,000 /
and the Indian share the same
- £ 120,000 /
the Russian share being -J-
- £240,000 '
I am to refer to the enclosure to Treasury
etter of the 24th torch (6689/16), showing that up
Under Be we tar; of State,
.