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“...the East
August 21, 1941.
11
THE IMPERIAL BANK OF IRAN
(Incorporated by Royal Charter, 1889)
CAPITAL (fully paid) - £1,000,000 RESERVE - - - £760,000
Reserve Liability of Shareholders, £1,000,000
Branches in Iran:—
Ahwaz
Bushire
Hamadan
Isfahan
Kermanshah
Khurramshahr
Meshed
Chief Office in Iran—TEHERAN.
Resht
Shiraz
Sultanabad
T abriz
Teheran (Bazaar Office)
Zahedan
Branches in Iraq :—Baghdad, Basra.
The Bank transacts Banking business of every description in and connected
with Iran and Iraq; and in London, grants Drafts, Telegraphic Transfers
and Letters of Credit, and negotiates or collects Bills on Iran and Iraq.
Head Office - 11, TELEGRAPH STREET, MOORGATE, E.C.2
IONIAN BANK LIMITED
ESTABLISHED 1839
:THE BRITISH BANK FOR THE NEAR EAST
Incorporated by Royal Charter in 1842 /
and Registered under the Companies' (g
Acts in 1883.
Capital: Authorised £1,000,000, Paid-up £600,000
OVER 100 YEARS BANKING SERVICE
IN AND BETWEEN GREAT BRITAIN
AND THE NEAR EAST.
LONDON — GREECE — EGYPT — CYPRUS...”
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“...GREAT BRITAIN
AND THE EAST
INCORPORATING •' THE NEAR EAST AND INDIA "
Telegrams:
Eastaprox, Westcent, London.
Telephone:
Holborn 8254-5
A Weekly Review of the Politics,
Commerce and Finance of Great Britain,
the Balkans, Turkey, Egypt, the Sudan,
Malta, Cyprus, Palestine, Syria, Iraq,
(ran, Arabia, India, Afghanistan, the
Federated Malay States, China and Japan.
Editorial Offices:
“GREAT BRITAIN AND THE EAST,"
133/136, High Holborn,
London, W.C.I,
Editorial Director: Sir Alfred Watson.
Managing Editor : E. A. Mackenzie-Bell.
No. 1578—VOL. LVII. THURSDAY, AUGUST 21, .1941
Established 1911
The aims of this Journal are the interpretation of Great Britain to the East, and of the East to Great Britain,
and the promotion of British Trade.
Page
NOTES OF THE WEEK................... 113
LEADING ARTICLES—
Atlantic Concord ... ... ... 115
Japan’s Hesitation ... ... ... 115
SPECIAL ARTICLES—
The Role That Egypt May Play ... 116
Turkey Buttressed Against Berlin
Blow. By Kenneth Williams ... 117
Germany’s...”
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“...posi-
tion Germany’s hopes of food supplies from this area will
obviously not be realised.
Aftermath in Iraq
The short regime of Rashid Ali in Iraq is an object-
lesson as to the mischief that can be achieved in a brief
space of time. The Iraqi Government must indeed be
thankful that the quisling’s authority lasted no longer than
it did, for it is finding its hands full with the task of
restoring the administrative machine.
One of the principal legacies that Rashid Ali left was a
greatly depleted treasury. No doubt a proportion of the
money will be recovered, but it may not amount to much,
and it is unfortunate that this financial situation should
arise at a time when it may be necessary for the authorities
to increase expenditure. Food prices have been rising
greatly owing to a poor wheat crop in northern Iraq, and
this tendency, if it continues, will call for exceptional
measures.
Iraq has for years enjoyed an enviably strong financial
position as a result of prudent administration and...”
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“...their welcome for this Anglo-Russian guarantee,
it is to be taken for granted that this buttressing was the
very thing they desired. That the Nazis’ successes in
western and central Europe made an impression on the
Turks is probable enough; nor were Ankara comments
lacking in frankness over the fate of Greece and Crete.
Turkey’s publicists wondered, not unnaturally, how much
help would be forthcoming for the Turks should they be
attacked. Since that time, however, they have seen the
situation in Iraq and Syria clarified, and they realise that,
except to the westwards, they have friends all about them.
They perceive that, since Britain is the ally of Turkey and
is also the ally of Russia, therefore Russia should be the
friend of Turkey—“ the friend of my friend is your
friend.” Modern diplomacy can show deplorable instances
of perfidy, but such practices have never been in the
Turkish tradition. Loyalty towards those to whom she has
pledged her word has always been a cardinal feature of
Turkey’s...”
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“...broadcast to India, General Sir Archibald
Wavell, Commander-in-Chief in India, revealed that
nearly 750,000 Indian troops are now in training and that
big equipment is either coming from Indian factories or from
overseas. Dealing with the campaign in the Middle East, he
said: —
India’s military advisers here have been wise in fighting the
battle for the defence of India at as great a distance from the
frontier of India as possible, especially in these days of air power,
Egypt, Palestine, Aden, Iraq, and Malaya are bulwarks of India’s
defence.
Dealing with casualties General Wavell said that these
amounted to about 15 per cent, of the Indians who had
fought in the Middle East—the majority slightly wounded.
The highest proportion of losses so far had been British,
both in their total and in their proportion to the strength
of the forces engaged....”
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“...(late MOHAMERAH) and BASRA.
Subject to the terms of the Company’s usual form of Bill of Lading.
Cargo taken on through Bill of Lading to
BAGDAlD, TBHE^AN, QUA9R-I-SHTRIN, KERMANSHAH,
HAMADAIN and TABRIZ.-
Vessels loaded regularly at London, Glasgow, Manchester. Also
Occasional Sailings from Cardiff, Newport and Swansea.
For Freight and Passage apply to Loading Brokers:—
FRANK C. STRICK & CO., LTD., 117/121, Leadenhall Street,
London, E.C.3.
FRANK C. STRICK & CO. (BUSRA) LTD., P.O. Box 49, BUfiRA,
Iraq.
I PRINCE LINE I
MEDITERRANEAN SERVICES
Leith, Tyne, Middlesbrough and London gg
to gg
MALTA, ALEXANDRIA. PALESTINE, 1
SYRIA, ASIA MINOR and CYPRUS f
Manchester to g|
TUNIS, MALTA, ALEXANDRIA, PALES- J
TINE, SYRIA, ASIA MINOR and CYPRUS.
ROYAL ASIATIC SOCIETY
of Great Britain and Northern Ireland
Founded in March, 1823, and obtained the Royal Charter in
August, 1824, for the investigation of subjects connected with
and for the encouragement of Science, Literature and the Arts
in relation to Asia...”
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