IOR/L/PS/10/11

The volume discusses the financial situation in Persia and proposals put forward in 1910 and 1911 for loans to the Persian Government from private sources.

Initial offers of loans to the Persian Government were made by Messrs M Samuel and Company, the Anglo-Persian Oil Company, a consortium led by Charles William Wallace, Messrs Seligman Brothers, and the Imperial Bank of Persia. The offers from Messrs Seligman Brothers and the Imperial Bank of Persia were taken forward and put to the Persian Mejdliss [Majlis] in 1911.

Also discussed in the volume are loans made by the British Government and Government of India in 1903 and 1904, including their agreed repayment schedule and interest rates.

Further discussion also relates to relations between Great Britain and Russia in respect to Persia and both Countries' attitudes towards the financial situation there.

The principal correspondents include the Secretary of State for Foreign Affairs (Sir Edward Grey); the British Ambassador to Persia (Charles Murray Marling, Sir George Head Barclay, Sir Walter Beaupre Townley); the British Ambassador to Russia (Sir Arthur Nicolson, Sir George William Buchanan, Hugh O’Beirne); representatives of the Foreign Office and India Office; Messrs Seligman Brothers; and the Imperial Bank of Persia (George Newell, Sir Thomas Jackson, Augustus Ottiwell Wood).

This volume is part 4 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.

The subject continues in files IOR/L/PS/10/220 and IOR/L/PS/10/353-355.