819.51/305: Telegram
The Minister in Panama (Price) to the Secretary of State
[Received 4:15 p.m.]
103. Department’s 46, May 14, 6 p.m. I complied with Department’s instruction number 794, March 29, … Department’s instruction not received until nearly a month after its date. In the [Page 613] meantime, however, informal efforts had been put forth. Panaman President declared that he must comply with public sentiment in this matter at least and transfer funds, that bank [had] been reorganized and would in addition now have the active aid of Fiscal Agent, that manager and directorate were of such high grade that there would be no danger from political influences, that road funds particularly would be treated as sacred and most of them be left with International and other local banks at interest as they now are, …