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“...the East,
October 2, 1941.
ii
THE IMPERIAL BANK OF IRAN
(Incorporated by Royal Charter, 1889)
CAPITAL (fully paid) - £1,000,000 RESERVE
Reserve Liability of Shareholders, £1,000,000
£760,000
Branches in Iran:—
A hwaz
Pus hire
Hamaaan
Isfahan
Chief
Office in Iran—TEHERAN.
Kermanskah Resht
Khurramshahr Shiraz
Meshed Sultanabad
Tabriz
Teheran (Bazaar Office) I
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
EST A BUSHED 1839
WHY NOT
become a regular subscriber to
GREAT BRITAIN AND THE EAST?
THE BRITISH BANK FOR THE NEAR EAST
Incorporated by Royal Charter in 1842
and Registered under the Companies’
Acts in 1883.
Capital: Authorised £1,000,000, Paid-up £600,000
SUBSCRIPTION RATES
UNITED KINGDOM and ABROAD : 12...”
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“...GREAT BRITAIN
AND THE EAST
INCORPORATING •• THE NEAR EAST AND INDIA ”
Telegrams: Eastaprox, Weitcent, London. A Weekly Review of the Politics, Commerce and Finance of Great Britain, the Balkans, Turkey, Egypt, the Sudan, ** Editorial Offices: GREAT BRITAIN AND THE EAST/
Telephone: Malta, Cyprus, Palestine, Syria, Iraq, 133/136, High Holborn,
Iran, Arabia, India, Afghanistan, the
Holborn 8254-5 Federated Malay States, China and Japan. London, W.C.I.
Editorial Director: Sir Alfred Watson. Managing Editor: E. A. Mackenzie-Bell.
No. 1584—VOL. LVII. THURSDAY, OCTOBER 2, 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.
PRINCIPAL CONTENTS
Page Page Page
NOTES OF THE WEEK 209 The Fog of War in Russia. By J. M. EASTERN NEWS IN BRIEF 219
Bee 214
LEADING ARTICLES— INDIAN AFFAIRS— COMMERCIAL TOPICS—
The Drain on Germany 211 Is Democracy Possible in India...”
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“...the right flank of that battle front of which the
westward section lies about Tobruk.
Our eyes are largely on Russia in these critical days.
Not less keenly fixed on that enormous front on which the
Nazi military machine fain would achieve the annihilation
of the Soviets as a military force are the eyes of the Middle
East. The pattern of events in the countries between
India and the Mediterranean did not at once manifest its
evolution.
A Revealing Pattern
For a time most people thought of, say, Iraq and Syria
in their relation to Great Britain and Germany respectively.
But the wisdorq of the steps which the ^Allies took in
those regions, steps justified abundantly from the im-
mediate point of view, now becomes infinitely more preg-
nant. The Nazis must have planned the attack on the
Soviets long before it took place; they at any rate were
in a position to realise the strategic significance of the
Middle Eastern countries. Had their power been even
greater than it is, they would surely have...”
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“...RAILWAYS
The linking of Mosul to Baghdad by rail and the extended running of the
TAURUS EXPRESS to BAGHDAD provides aTri-weekly Wagons Lits Sleeping
Car Service between Turkey, Syria, Palestine, Egypt and Iraq, a Twice Weekly
Service with Iran and a Weekly Service with Indiajand the Far East via the
Iranian Gulf.
Daily Mail and Passenger Trains between
BAGHDAD AND BASRAH (MAQIL)
BAGHDAD AND KHANAQIN
BAGHDAD AND KIRKUK
with First and Second Class Sleeping accommodation. Bedding is available at
all principal stations at a small hire charge.
Dining Cars run on the Baghdad-Basrah and Basrah-Baghdad Mail Trains.
TOURIST SERVICE
Visit the ancient cities of Babylon, Kish, Ur of the Chaldees, Birs Nimrud
(BorsipDa), Warka, Abu Shahrain (Eridu), Tai al Ubaid, Nineva, Hatra,
Asshur.
The climate of Iraq between November and April is ideal for touring.
Iraqi State Railways offer special facilities to tourists. Tourist Saloon Coaches
fully equipped and provided with kitchens and cooks may be retained for...”
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“...on September 26, at the age
of sixty-nine. Mr. Balfour was founder and head of Bal-
four, Beatty and Co., Ltd., and chairman of the Power
Securities Corporation Ltd., and had played a prominent
part in the development of the electrical industry.
The firm of Balfour, Beatty and Co. built the Kut Barrage
in Iraq, the principal development project as yet carried out
by an Iraqi Administration. The Barrage is designed to
regulate the flow of the water of the Tigris into the Shatt-al-
Gharraf, and has resulted in a great extension of the area •
i.
j
1
BANK MISR
Societe Anonyme Egyptienne
R. C. No. 2
ESTABLISHED in 1920
under cultivation. At the opening ceremony Mr. Balfour
described Iraq as an irrigation paradise. Through the
Jerusalem Electric and Public Service Corporation he was
associated with development of electricity in Palestine
On the occasion of the twenty-first anniversary of Balfour'
Beatty and Co., Mr. Balfour was presented by the members
• of the staff and others with his portrait...”
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“...there would be an addi-
tion to the programme of port development. Both Alex-
andretta and Mersin are linked by rail to Aleppo, and in
view of the potential importance of both ports it is natural
that their reconstruction should be taken in hand at the
same time.
It is a matter of supreme satisfaction that this contract
should have gone to a British firm. In no part of the
world are there more abiding monuments to British
engineering genius than there are in the Middle East, notablv
in Egypt and Iraq. And the present contract is an indica-
tion of the work that should be forthcoming after the war.
* * *
Two developments of interest in Indian industry, which
have reached us somewhat belatedly, are worthy of men-
tion. The first relates to the testing of industrial products
and the second to the standardisation of such products.
It is learned, in regard to the first, that the Government
of Bombay has accepted the recommendation of the Bom-
bay Economic and Industrial Survey Committee that pro-...”
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“...
Complaint was made that whereas at the
beginning of 1940 the Government was all
for increasing exports, it is now seeking to
curtail them. I doubt if the meeting suf-
ficiently appreciated that a policy which
was sound early in 1940 may, due to
changed conditions, have become unsound
by September, 1941.
What are those changes? France, out
of the war. Italy, in. Russia, in—and
needing supplies desperately. Increased
British forces to be supplied, not only in
this country, but in Egypt, Syria, Iraq,
Iran, Singapore, and elsewhere. Increas-
ing Lease-Lend supplies, beyond our hopes
of early 1940, to transport across the seas.
I cannot believe that the Chancellor of
the Exchequer and his Treasury Officials
are unaware of the country’s gain from ex-
port trade. I cannot believe that the
Government has overlooked its effect upon
the National economy!
If the Government decides, and it alone
knows all the facts, that less transport and
less labour must be devoted to this impor-
tant purpose, then...”
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“...Great Britain and the East
October 2, 1941.
FRANK
Co.
SUDAN----- KHARTOUM.—Sudan Bookshop.
CHINA------
SHANGHAI.—Kelly & Walsh Ltd.
TIENTSIN.—Tientsin Book & Stationery
ADEN------
Cowasjce, Dinshaw & Co.
MALTA------
VALLETTA.—Butler’s.
CYPRUS----
FAMAGUSTA.—□. K. Panagides.
NICOSIA.—Ditk Soultanian.
IRAQ---
BAGHDAD.—The Bookshop.
Rashid Library.
P. & O. and B. I. Tickets Interchangeable;
also Tickets of P. & O., Orient and New
Zealand Shipping Companies.
U.S.A.—
NEW YORK CITY—38, Union Square,
Universal Distributors Company.
Direct Freight and
Passenger Services
to the Chief Ports in
INDIA, CEYLON, STRAITS SETTLEMENTS
the FAR
BRITISH
DIA
EAST, AUSTRALIA, EAST and
SOUTH AFRICA
Address for all Passenger Business, P. & O. House, 14, Cockspur
Street, London, S.W.i; City Office, P. & O., 130, Leadenhall
Street, E.C.x; Strand Office, Passenger and Freight, Australia House.
W.C.2; FOR FREIGHT, P. & O. AND B. I. OFFICES, 122,
LEADENHALL STREET, LONDON, E.C.3.
Agents: Gray, Dawes & Co., 122, Leadenhall...”
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