IOR/L/PS/10/224

The volume is composed of telegrams, despatches, correspondence, memoranda, financial accounts and notes, relating to the mint contract and financial position of the Imperial Bank of Persia.

The discussion in the volume relates to the difficult financial position of the Imperial Bank of Persia partly due to civil disturbances and the Bank's consequent inability to provide payment to the Persian Government in cash.

Further discussion surrounds the dispatch of gold from the Russian Government in order to prop up the Persian Government and prevent the establishment of German influence in Tehran. Also discussed is a proposal to give the bank financial assistance up to a maximum of £343,000 to cover losses sustained whilst their branches were unable to open for business as a result of civil disturbances. The Foreign Office inquired if the India Office would contribute half of this sum (£171,500). The safety of the British colony at Hamandan is an additional topic of discussion.

The correspondence also discusses the Imperial Bank of Persia's concession and the anticipated infringement by the Russian Government, as well as the impact of the February Revolution 1917.

The volume consists of two parts IOR/L/PS/10/224/1 and IOR/L/PS/10/224/2. 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.