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Reuter Concession
The Reuter concession was a contract signed in 1872 between Paul Reuter, Baron Julius de Reuter (born Israel Beer Josaphat), a British banker and businessman, and Naser al-Din Shah, Qajar king of Persia. The concession gave him control over Persian roads, telegraphs, mills, factories, extraction of resources, and other public works in exchange for a stipulated sum for 5 years and 60. The concession was met with not only domestic outrage in the form of local protests, but the Russian government was hostile towards the concession as well. Under immense pressure, Naser al-Din Shah consequently cancelled the agreement despite his deteriorating financial situation. The concession cancellation was also due to the British government refusing to support Reuter's unrealistic ambitions. While the concession lasted for approximately a year, the entire debacle set the foundation for the Tobacco Protest, revolts against the tobacco concession in 1890 as it demonstrated that any attempt by a forei ...
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Contract
A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or rescission. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that agreements must be honoured. Contract law, like other areas of private law, varies between jurisdictions. The various systems of contract law can broadly be split between common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions which combine elements of both common and civil law. Common law jurisdictions typically require contracts to include consideration in order to be valid, whereas civil and most mixed law jurisdictions solely require a meeting of the mind ...
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Paul Reuter
Paul Julius Reuter (born Israel Beer Josaphat; 21 July 1816 – 25 February 1899), later ennobled as Freiherr von Reuter (Baron von Reuter), was a German-born British entrepreneur who was a pioneer of telegraphy and news reporting.Paul Julius Reuter
Encyclopedia of World Biography, 2004, The Gale Group Inc.
He was a reporter and media owner, and the founder of , which became part of the

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Naser Al-Din Shah
Naser al-Din Shah Qajar ( fa, ناصرالدین‌شاه قاجار; 16 July 1831 – 1 May 1896) was the fourth Shah of Qajar Iran from 5 September 1848 to 1 May 1896 when he was assassinated. He was the son of Mohammad Shah Qajar and Malek Jahan Khanom and the third longest reigning monarch in Iranian history after Shapur II of the Sassanid dynasty and Tahmasp I of the Safavid dynasty. Nasser al-Din Shah had sovereign power for close to 51 years. He was the first modern Persian monarch who formally visited Europe and wrote of his travels in his memoirs. A modernist, he allowed the establishment of newspapers in the country and made use of modern forms of technology such as telegraphs, photography and also planned concessions for railways and irrigation works. Despite his modernizing reforms on education, his tax reforms were abused by people in power, and the government was viewed as corrupt and unable to protect commoners from abuse by the upper class which led to increasi ...
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Tobacco Protest
The Persian Tobacco Protest (Persian: نهضت تنباکو ''nehzat-e tanbāku'') was a Shia Muslim revolt in Iran against an 1890 tobacco concession granted by Nasir al-Din Shah of Persia to the United Kingdom, granting British control over growth, sale and export of tobacco. The protest was held by Tehran merchants in solidarity with the clerics. It climaxed in a widely obeyed December 1891 fatwa against tobacco use issued by Grand Ayatollah Mirza Hassan Shirazi. Background Beginning in the 19th century, the Qajar dynasty found itself in a precarious situation due to an increasing foreign presence within Iran. Reeling from defeats in wars against Imperial Russia in 1813 and 1828, as well as the British Empire in 1857, not only was the Qajar government forced to grant countless concessions to foreign powers, but Iranian bazaaris (merchants) were left in a highly vulnerable position as they were unable to compete with the numerous economic advantages gained by merchants from ...
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Sovereignty
Sovereignty is the defining authority within individual consciousness, social construct, or territory. Sovereignty entails hierarchy within the state, as well as external autonomy for states. In any state, sovereignty is assigned to the person, body, or institution that has the ultimate authority over other people in order to establish a law or change an existing law. In political theory, sovereignty is a substantive term designating supreme legitimate authority over some polity. In international law, sovereignty is the exercise of power by a state. ''De jure'' sovereignty refers to the legal right to do so; ''de facto'' sovereignty refers to the factual ability to do so. This can become an issue of special concern upon the failure of the usual expectation that ''de jure'' and ''de facto'' sovereignty exist at the place and time of concern, and reside within the same organization. Etymology The term arises from the unattested Vulgar Latin's ''*superanus'', (itself derived ...
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Imperial Bank Of Persia
The Imperial Bank of Persia ( fa, بانک شاهنشاهی ایران‎, Bank-e Šâhanšâhi-ye Irân) was a British bank that operated as the state bank and bank of issue in Iran (formerly known as Persia until 1935) between 1889 and 1929. It was established in 1885 with a concession from the Persian government to Baron Julius De Reuter (born Israel Beer Josaphat) a German–Jewish banker and businessman who later became a Christian and a British subject. The bank was the first modern bank in Iran and introduced European banking ideas to a country in which they were previously unknown. The legal centre of the bank was in London and whilst it was subject to British law, its activities were based in Tehran. It also had operations in other Middle Eastern countries. It was later named British Bank of the Middle East (BBME) and is now called HSBC Bank Middle East Limited. After the Iranian Revolution of 1979, all the Iranian activities of this bank were transferred to Bank Tejara ...
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1872 In Iran
The following lists events that have happened in 1872 in Iran. Incumbents * Monarch: Naser al-Din Shah Qajar Births * June 21 – Mohammad Ali Shah Qajar is born in Tabriz. References Iran Years of the 19th century in Iran 1870s in Iran Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
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1872 Treaties
Year 187 ( CLXXXVII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Quintius and Aelianus (or, less frequently, year 940 '' Ab urbe condita''). The denomination 187 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Septimius Severus marries Julia Domna (age 17), a Syrian princess, at Lugdunum (modern-day Lyon). She is the youngest daughter of high-priest Julius Bassianus – a descendant of the Royal House of Emesa. Her elder sister is Julia Maesa. * Clodius Albinus defeats the Chatti, a highly organized German tribe that controlled the area that includes the Black Forest. By topic Religion * Olympianus succeeds Pertinax as bishop of Byzantium (until 198). Births * Cao Pi, Chinese emperor of the Cao Wei state (d. 226) * G ...
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1872 Documents
Year 187 ( CLXXXVII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Quintius and Aelianus (or, less frequently, year 940 ''Ab urbe condita''). The denomination 187 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Septimius Severus marries Julia Domna (age 17), a Syrian princess, at Lugdunum (modern-day Lyon). She is the youngest daughter of high-priest Julius Bassianus – a descendant of the Royal House of Emesa. Her elder sister is Julia Maesa. * Clodius Albinus defeats the Chatti, a highly organized German tribe that controlled the area that includes the Black Forest. By topic Religion * Olympianus succeeds Pertinax as bishop of Byzantium (until 198). Births * Cao Pi, Chinese emperor of the Cao Wei state (d. 226) * Gu ...
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Iran–United Kingdom Relations
Iran–United Kingdom relations are the bilateral relations between the United Kingdom and Iran. Iran, which was called Persia by the West before 1935, has had political relations with England since the late Ilkhanate period (13th century) when King Edward I of England sent Geoffrey of Langley to the Ilkhanid court to seek an alliance. Until the early nineteenth century, Iran was a remote and legendary country for Britain, so much so that the European country never seriously established a diplomatic center, such as a consulate or embassy. By the middle of the nineteenth century, Iran grew in importance as a buffer state to the United Kingdom's dominion over India. Britain fostered conflict between Iran and Afghanistan as a means of forestalling an Afghan invasion of India. History of Anglo–Iranian relations Safavid era In the year 1553, King Edward VI of England hired the wealthy merchant and explorer, Sebastian Cabot to develop a semi-profitable trading company. He was given ...
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Agreements
Agreement may refer to: Agreements between people and organizations * Gentlemen's agreement, not enforceable by law * Trade agreement, between countries * Consensus, a decision-making process * Contract, enforceable in a court of law ** Meeting of the minds (a.k.a. mutual agreement), a common understanding in the formation of a contract * Pact, convention, or treaty between nations, sub-national entities, organizations, corporations Arts and media *''Agreement'', a 1978 book of poetry by Peter Seaton * Agreement (film), ''Agreement'' (film), a 1980 Bollywood film Science and mathematics * Agreement (linguistics) or ''concord'', a change in the form of a word depending on grammatical features of another word * Consistency, logical agreement between two or more propositions * Reliability (statistics) in the sense of, for example, inter-rater agreement Other uses * Agreement (political party), a Polish political party * Operation Agreement, a British 1942 military operation during th ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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