File 3877/1912 Pt 1 ‘Turkey in Asia: oil concessions’ [192r] (392/834)
The record is made up of 1 volume (412 folios). It was created in 17 Jul 1904-4 Sep 1913. It was written in English and French. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
Pocnroent is the Property of His Britannic Majesty's Government.]
ASIATIC TURKEY AND ARA BIA.
CONFIDENTIAL.
[March. 10.]
Section 4.
[11238]
No. 1.
Ur. Greenway to Mr. Parker.—(Received March 10.;
-n AOT , ~p i Winchester House, Old Broad Street, London,
Hear Mr. Parker, March 6 1913
1 A j M i u° 1 ? lige -n- for y0Ur letter of the : 8rd “Stant, advising that the Admiralty have
expressed their willingness to take part in a meeting between representatives from the
government departments concerned and some members of our board, but that, before
omg so they would prefer to await the answer to a letter which they recently
addressed to me on the subject of our latest offer to supply oil-fuel under a forward
con tract.
Since receipt of your letter I have seen the Director of Navy Contracts in regard
to the above letter, and I now beg to enclose copy of a letter which I have, at
Mr. black s request, addressed to the Secretary of the Admiralty, giving the result of
this interview. °
This constitutes the answer which the Admiralty were awaiting, and nothing
therefore now stands m the way of the proposed meeting. This, I understand, it is
desired should take place at the earliest possible date, and I therefore suggest Tuesday
or e nesday next, either of which days will suit my co-directors, if convenient to the
(government representatives.
Yours sincerely,
C. GREENWAY.
Enclosure in No. 1.
Mr. Greenway to Admiralty.
(Confidential.) Winchester House, Old Broad Street, London,
® ir > ^ March 6, 1913.
TY]TH reference to your letter of the 26th ultimo, I have had an interview with
the Director of Contracts at which the points raised in your letter were discussed, and
at his request I beg to give the following explanations in respect of two of the various
proposals which we have had under consideration with a view to overcoming the
financial difficulties in connection with the proposed oil-fuel contract, viz. :—
1. Advance payment of 100,000L per annum for the period of the contract in
respect of off to be delivered, repayable by deductions of 5s. per ton from the contract
price of the oil delivered.
The security for repayment of these advances would be—
(a,) The deductions from the contract price as above;
(h.) The credit of the company;
and in order to further safeguard the Government, my directors would also be willing
to consider giving a charge, up to the amount of the advances outstanding, on the assets
of the company, subject only to the current debenture loan of 600,00QZ.
As the Government are, I believe, aware, the properties of the company are, even
at the present time, probably saleable for a sum greatly in excess of the liability that
would be incurred in respect of the above proposal. The security that would be thus
offered is therefore ample.
This proposal obviously differs materially from the out-and-out subsidy referred to
in the Foreign Office memorandum No. 1 of the 19th November, 1912, but it is much
the same in effect as the proposal contained in my letter of the 11th October, addressed
to you, with the exception of the above-indicated security.
It, however, has the advantage that, the advance payment being a condition of
sale common to many contracts, it could presumably be dealt with departmentally, and
would not, therefore, be open to the objections which were found to this proposal in its
original form.
[2839 k—A] / ,
Q 4 APR 1§13
1 - '
About this item
- Content
The volume comprises copies of correspondence, memoranda and other papers, produced in response to the prospect of an oil company backed by German capital taking control of future oil concessions in Mesopotamia [Iraq], and the implications that such concessions might have on the Anglo-Persian Oil Company’s (APOC) own oil concession in neighbouring Persia. The prospect of foreign capital exploiting Mesopotamia’s oil resources was a particular cause for concern amongst senior officials in the Admiralty, who were dependent on APOC’s oil production for their fuel supplies, and the Foreign Office. The more peripheral interest of such a concession in Mesopotamia to the Government of India and the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. is reflected in the volume’s papers.
The volume’s principal correspondents are: the Secretary to the Admiralty (Sir William Graham Greene); Secretary at the Foreign Office (Sir Louis du Pan Mallet); Secretary of the Political Department at the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. (Sir Arthur Hirtzel); Permanent Under-Secretary of State at the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. (Sir Thomas William Holderness); the Managing Director of APOC (Charles Greenway).
Subjects covered include:
- correspondence dated late 1912, chiefly between representatives of the Admiralty and Foreign Office, airing concerns over the implications of exploratory oil concessions agreed for Mesopotamia between a consortium including the National Bank of Turkey, Shell (referred to in the volume as either the Shell Transport Company or the Anglo-Saxon Petroleum Company) and Deutsche Bank, to APOC oil exploration in Persia;
- discussion of the Government of India’s interest in maintaining an independent APOC, and whether the Government of India should not invest in APOC, including a proposal that it purchase oil from APOC for use on the Indian railways, or contribute to the purchase of fuel supplies on behalf of the Royal Navy;
- through February 1913 to April 1913, diplomatic negotiations (including some correspondence in French) seeking to secure concessionary agreement for oil exploration in the Mesopotamian vilayets of Mosul and Baghdad for APOC (based on earlier arrangements made between the Ottoman Government and William Knox D’Arcy on APOC’s behalf) against the competing claims of the National Bank of Turkey consortium, and oil exploration rights outlined in the railway concession held by the Société du Chemin de Fer ottoman d’Anatolie (Anatolian Railway Company);
- between May 1913 and July 1913, with the likelihood of APOC not being given exclusive oil concessionary rights to Mesopotamia, negotiations to secure ‘absorption’ (with a British-controlling interest) of APOC with the National Bank of Turkey or its partners, Shell and Deutsche Bank.
The core correspondence in the volume dates between September 1912 and September 1913. The earlier date indicated in the volume’s date range refers to a copy of a contract between Turkish Government’s Ministry of the Civil List and the Société du Chemin de Fer ottoman d’Anatolie, dated 17 July 1904 (ff 147-148).
The volume includes a divider which gives the subject (Turkey in Asia: oil concessions) and part number (1), the year the subject file was opened (1912), and a list of correspondence references contained in that part by year. This is placed at the back of the correspondence (f 1).
- Extent and format
- 1 volume (412 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the volume.
The subject 3877 (Turkey in Asia: oil concessions) consists of 3 volumes, IOR/L/PS/10/300-302. The volumes are divided into 5 parts, with parts 1 and 2 comprising one volume each, and parts 3, 4 and 5 comprising a third volume.
- Physical characteristics
The foliation sequence commences with 1 and terminates with 411. The front and back covers, along with the leading and ending flyleaves have not been foliated.
- Written in
- English and French in Latin script View the complete information for this record
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File 3877/1912 Pt 1 ‘Turkey in Asia: oil concessions’ [192r] (392/834), British Library: India Office Records and Private Papers, IOR/L/PS/10/300, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100028928517.0x0000c1> [accessed 8 February 2025]
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Copyright: How to use this content
- Reference
- IOR/L/PS/10/300
- Title
- File 3877/1912 Pt 1 ‘Turkey in Asia: oil concessions’
- Pages
- 373r:374v, 353v, 339r, 336r, 330r:332v, 275r, 253r:254v, 250r:250v, 248r:248v, 236r, 224r, 219r:219v, 203r:204v, 192r:192v, 187r, 156r:156v, 152r:153v, 104r:108v, 101r:102v, 94r:94v, 93r:93v, 88v:89v, 89v:90r, 60r:61v, 14r:14v
- Author
- Greenaway, Charles
- Copyright
- ©BP is believed to be the rightsholder
- Usage terms
- Creative Commons Non-Commercial Licence