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             originally to have met Mis Excellency at Bandar Abbas, and in view of subse­
             quent events, it is to be regretted that this part of the programme was departed
             from at the instance of the Persian Government. Courtesies were exchanged
             between the Salar-i-Moazzam and Lord Curzon. His Excellency also received
             an address from the Indian traders, his reply to which is printer below. Lord
             Curzon's speech pictures vividly the intimate connection that has always existed
             from the most ancient times between this coast of Iran and India and our large
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             long-vested commercial interests on the Gulf:—
                " Gentlemen, in thanking you for your address. let me express my pleasure at meeting
             here a community of British Indian subjects of His Majesty the King Emperor enjoying
             the hospitality of a foreign and friendly land, and engaged in a trade which is equally
             beneficial to this country and to yourselves. I am glad that Persia returns the compliment
             by sending a large number of her own gifted and intelligent subjects to trade in the ports of
             British India; for these relations arc merely the continuance in modern times of a connec­
             tion between Iran and India that has lasted for centuries, and that is based not merely
             upon geographical proximity, but upon original affinities of civilisation, language, and race.
             Bandar Abbas, both under its present name and under its former title of Gombrun, has
             also been intimately bound up with the history of British mercantile enterprise in Persia
             and the Persian Gulf, and I suppose that there is hardly a scene in the world that has
             witnessed more struggles for commercial supremacy, or has experienced more startling
             vicissitudes of political fortune, than the waters and islands that we can sec from this very
             spot.
                Should anyone enquire why the Viceroy of India, while in the discharge of the duties
             of his office, should visit this place, the answer may be found in . the facts which I have
             already mentioned, namely, in the uninterrupted historical connection which has existed
             between this locality and India for hundreds of years, and in the residence here of a flourish­
             ing colony of British Indian traders and trade. But the explanation goes much further than
             that, both in its local and in its general application ; for here we are at the mouth of a sea
             which has been ono of the main and most beneficent areas of British exertion in the con­
             tinent of Asia. The great maritime highway of the Persian Gulf has never failed to attract
             those nations who held, or aspired to hold, the ports of India; and having embarked upon
             the Indian enterprise in which they ultimately outdistanced all other competitors, it fell
             naturally to the British to pursue their successful activity in this direction, and thus gradu­
             ally to acquire an ascendancy of trade and interest in the Persian Gulf which has never
             wavered until the present day, and which has been so far from selfish in its operation that
             it has brought wealth and security to the States and communities that are to be found upon
             these shores, has smoothed the path of every ship that navigates these waters and has won
             for us the friendship and gratitude of the principal Governments, such as that of His
             Majesty the Shah, with whom we have been brought in contact.
                The ascendancy of which I have spoken is demonstrated by the fact that out of a total
             value of trade in the Gulf—including under that designation the ports on the Arab as well
             as on the Persian coast, and embracing Mohammara in the latter, but not including Basra—
             amounting to nearly 6$ millions sterling in the last recorded year, 1901, close upou 5
             millions of which was external trade, that is, trade with ports outside the Gulf, the British
             percentage of this external trade was 77, aud the corresponding percentage of British
             steamers loaving and entering the Gulf ports was 97. If we restrict our observations to the
             Persian ports alone, we find that the total volume of trade in 1901 was close upon 41
             millions sterling, of which £ 4,232,006 was external, and that of the latter the British propor­
             tion was 66 per cent., and of the shipping by which it was carried 97 per cent. These
             figures show that, even in the much more acute competition that now prevails, the commer­
             cial superiority so long enjoyed by Great Britain in these seas still exists, if not unchal­
             lenged, at least unimpaired. On the other hand there are circumstances in the trade and
             position of Bunder Abbas which shew that the keenest efforts will be required to retain
             for this port the advantages which it has hitherto enjoyed.
                You have called attention .to other symptoms of Indian interest in Bundar Abbas. My
            Government is represented here by an officer, appointed for the first time since I came to
             India, to safeguard the interests of British Indian trade in this place, and I am glad to learn
             from you that his arrival has been followed by an extension in certain aspects of your
            business, and that you have already derived benefit from his labours. It is to be remem­
            bered that Bunder Abbas though it has been shorn of much of its ancient fame, is the
            starting point from which almost immemorial caravan routes penetrate far into the interior,
            carrying what are for the most part British and Indian goods to the great towns of Central
            Persia on the north and west, and to the bazaars of Khorasan, Afghanistan, and Central
            Asia on the north-east and east. This is a very important outpost, therefore, of Indian
            trade.
                Again, let it be remembered that India is no remote country which is here busying
            itself at a great distance from its base. On the contrary, we are the nearest neighbours
            of Persia along her entire eastern frontier, firstly in the territories of Baluchistan, and






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