819.51/306: Telegram

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

107. Supplementing my 103, May 16, 9 a.m. I communicated Department’s telegram 46, May 14, 6 p.m., duly Monday morning and followed it up with all possible efforts but Panaman President took the position reported in my cipher telegram 103 even more emphatically.

Contract between the Panaman Government and manager of the Banco Nacional to act as Government depositary for four years was signed Monday afternoon. Late yesterday the directorate approved same.

Price