The Iranian History 1809 AD


French General Leaves Iran

Feb, 13, 1809 AD

Fathali Shah Qajar StandingGeneral Gardane who was appointed as the chief of the mission to help modernize the Persian army abruptly left Iran. His mission started as part of terms in the treaty of Finckenstein signed between Iran and France. He was cordially received in Tabriz on November, 1, 1807 by the crown prince Abbas Mirza and escorted to Tehran. However they had to prolong their stay in Qazvin for four days as the result of Fathali Shah's superstitious beliefs that their arrival in Tehran must not be on any date than Dec, 4. During their two years of stay in Iran, Gardane's team succeeded in training an army of 4000 based on the Napoleon's model and calling it new military. Another French achievement was producing 20 modern cannons in Isfahan that roared on Aug, 15, 1808 celebrating Napoleon's birthday. The conclusion of a peace treaty between France and Russia in July 1807 somehow rendered the Georgia part of the Finckenstein treaty abortive. After his return, Gardane was given the title count by Napoleon. Iran on the other hand lost all the Transcaucasia territory to Russians learning a good lesson about politics in France. (Updated: Mar, 3, 2008)

Loan Bank Of Russia Founded

May, 1, 1809 AD

Naseroddin Shah BanknoteThe first bank founded in Iran in 1850 was the British New East Bank which had limited operations. The Imperial Bank of Persia was established in 1889 based on concessions given to Julius Reuter during Naseroddin Shah's reign. The bank issued banknotes that circulated in Tehran and Tabriz.
On May, 1, 1809, a Russian national named Jacquet Polyakov, received a concession from the Iranian government for foundation of the Loan Bank of Russia for 75 year. In 1898 the Tsarist government of Russia bought all shares of the bank for its political aims. Following the Bolshevik Revolution, the bank was transferred to the Iranian government in 1920 and operated under the name of Bank Iran until 1933 when it was incorporated into the Bank of Agriculture.
Bank Sepah was the first Iranian bank established with Iranian capitals in 1925 under the name of Bank Pahlavi.
In 1979, after the Islamic Revolution, Iran nationalized all private banks creating a state economy with little or no competition that has stalled economic growth, specially leading to poor quality of goods and services in Iran (Updated: Sep, 21, 2009)

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