The Minister in Panama (Price) to the Secretary of State

No. 1348

Sir: I have the honor to report, for the information of the Department, that Mr. Lincoln G. Valentine has recently executed with the [Page 694] Government of Panama, a contract authorizing him to inspect, explore and exploit the whole of both coasts of the Republic of Panama, to the extent of a zone of fifteen miles parallel to, and along said coasts, for petroleum.

I enclose a copy of a translation of said contract,21 being (enclosure No. 1) contract No. 27, of the date of April 14, 1917.

Mr. Valentine represents the Sinclair-Central American Petroleum Interests, which he assures me is thoroughly an American corporation with an undivided fealty to the interests of our Government.

. . . . . . .

I have [etc.]

Wm. Jennings Price
  1. Not printed.