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Cyprus Convention
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==Cyprus Tribute== The terms of the Convention provided that the excess of the island's revenue over the expenditures for government should be paid as an "annual fixed payment" by Britain to the Sultan. This provision enabled the Porte to assert that it had not ceded or surrendered Cyprus to the British, but had merely temporarily turned over administration. Because of these terms, the action was sometimes described as a British leasing of the island. The "Cyprus Tribute" became a major source of discontent underlying later Cypriot unrest. Negotiations eventually determined the sum of the annual fixed payment at exactly 92,799 pounds sterling, eleven shillings, and three pence. Governor of the island [[Ronald Storrs]] later wrote that the calculation of this sum was made with "all that scrupulous exactitude characteristic of faked accounts." The Cypriots found themselves not only paying the tribute, but also covering the expenses incurred by the British colonial administration, creating a steady drain on an already poor economy. From the start, the matter of the Cyprus Tribute was severely exacerbated by the fact that the money was never paid to Turkey. Instead it was deposited in the Bank of England to pay off Turkish [[Crimean War]] loans (guaranteed by both Britain and France) on which Turkey had defaulted. This arrangement greatly disturbed the Turks as well as the Cypriots. The small sum left over went into a contingency fund, which further irritated the Porte. Public opinion on Cyprus held that the Cypriots were being forced to pay a debt with which they were in no way connected. Agitation against the tribute was incessant, and the annual payment became a symbol of British oppression. There was also British opposition to the tribute. Undersecretary of State for the Colonies [[Winston Churchill]] visited Cyprus in 1907 and, in a report on his visit, declared, "We have no right, except by force majeure, to take a penny of the Cyprus Tribute to relieve us from our own obligations, however unfortunately contracted." Parliament soon voted a permanent annual grant-in-aid of 50,000 pounds sterling to Cyprus and reduced the tribute accordingly.
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