Office of the Historian

819.51/369: Telegram

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

[Paraphrase]
Panama, March 9, 1923—noon.
[Received 7 p.m.]

23. Pending the negotiations for loan of $4,500,000 Government has approached bankers here in regard to a loan of $100,000 for purpose of continuing program of road construction. Bankers are willing to loan $100,000 if Department has no objection. Reply awaited.

South