IOR/L/PS/10/8

The volume comprises telegrams, despatches, correspondence, memoranda, and notes, relating to a loan made to the Persian Government in April 1903, and further advances made during 1904 and 1905.

The discussion in the volume relates to the terms of the loan agreements including possible concessions and collateral that could be secured against them; and agreements with the Imperial Bank of Persia through whom the money was loaned. Also discussed is the definition of the term 'Fars and the Persian Gulf' in relation to customs duties, as this was one of the concessions that the 1903 loan was secured against.

Further discussion surrounds loans and advances which the Persian Government were negotiating with the Russian Government; and a proposal for an irrigation scheme on the Karun River which was considered as a possible concession in return for a further loan advance.

Included in the volume is a copy of the Règlement Douanier signed on the 29 August 1904 between representatives of the Persian Government and His Majesty's Government (ff 193-232).

The principal correspondents in the volume include the Secretary of State for Foreign Affairs (Lord Lansdowne, Sir Edward Grey), the British Minister to Persia (Sir Arthur Henry Hardinge), the Under Secretaries of State for Foreign Affairs (Sir Charles Hardinge, Sir Thomas Henry Sanderson), and for India (Earl Percy, Sir Arthur Godley), the Viceroy of India (Lord Curzon of Kedleston), the Secretary to the Political and Secret Department of the India Office (Sir Richmond Richie) and the London Manager of the Imperial Bank of Persia (George Newell).

The volume is part 1 of 4. Each part includes a divider which gives the subject and part numbers, year the subject file was opened, subject heading, and list of correspondence references contained in that part by year. This is placed at the back of the correspondence.