File 1262/1915 Pt 2 'Persia: Financial assistance: The Moratorium' [‎276r] (315/424)

tha i eralan Government expects to receive a similar pn^.
ment in respect of the month ending the 8th January 1916,
*nd in eoretnry ir dward Grey's opinion, non-
compliance with this expectation would be regarded by them as
a broach of faith. i,y Lords must accept the view of the
ecretery of State upon this point, and, subject to the con-
ourrenoe of the Secretary of State for India in, Council,
fhey accordingly sanction the payment of the full amount
of £840,oOG as requested. They presume that the consent
of the Government of Kuseia will also be sought to this
extension of the original concession.
Of the above sum of ££4o,ooO £40,000 has
already been paid to the ank of Persia. : r. Chamberlain
han agreed to advance from Indian funds one half of the
share of these payments falling ultimately to be paid by
iaissis, a n <j £100,000 of the balance of '20C,( oo will accord
ingly be met from those.funds. From the last paragraph
Of 3ir ?. Moldernese* latter of the S3rd ultimo, it appears
that Indian revenues are already indebted to the Imperial
xehequer to the amount of ,^55,000 in respect of payments
made on behalf of Kueela and the net additional amount
now to be Issued from the Vote of Credit is therefore re-
b.ced to 45,00 g. This eum with the .166 ,oog already iesued
from the Vote of redlt represents £81o,Coo * 14 months
.*’15 # coo ft month.
Vheir Lordships hnv© dirsotod the transfer
of that sun from the Vote of Credit to the credit of the
T 'iplom»tic and consular fervice® Vote.
I am,
Sir,
Your obedient aeryant,
'Sd.J John C pad bury.
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