File No. 819.77/204.

The Acting Secretary of State to Minister Price.

[Telegram—Extract.]

Discreetly inform Panaman Government that Department’s approval of loan based on hypothecation of income of six million dollars permanently invested in New York, was based on the understanding that this money would be used only for building railroads in Province of Chiriquí.

Continue to keep Department fully informed and report by cable.

Lansing
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