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420                      Records of Bahrain


                       Confidential



                       D.O. No. C/229-4/1                 Dated the 6th April 1939

                                                                     REGENCY.
                                                             TOBk. .......
                                                                   lefuj 3f
                                                             Pate,
                                                             ■^COTfIOCNTWL RECORDS
                                   /r
                                    /
                              Y/ilJ/you please refer to your demi-official letter
                       No. 297-S dated the 3rd April 1939 7
                         2.   The arrangement is that the Shaikh retains one third

                       of the oil royalties, and hands over two thirds to the State.
                       (The Shaikh's share is, of course, in addition to the Civil
                       List which comes to about 4$ lakh3 annually).
                         3.   The oil royalty for 1938 was Rs 35,02,184, or just over
                       £ 260,000; of this the Shaikh takes £ 87,500 and the State gets
                       £ 172,500.


                                                             Yours sincerely,







                    Honourable Lieutenant-Colonel
                     Sir Trenchard Fowle, K.C.I.E., C.B.E.,
                        Political Resident in the Persian Gulf,
                                                       Bushire.
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