The Secretary of State to the Colombian Minister (Olaya)
Sir: I have the honor to acknowledge the receipt of your note of November 4, 1926, with which, under instructions from your Government, you transmitted a memorandum concerning a report published in the press regarding the Claims Convention signed by the Governments of the United States and of Panama on July 28, 1926.
In view of the fact that this Convention has not been ratified by either of the signatory Powers, and is therefore not yet in effect, I do not see that any good purpose would be served by a discussion at this time of its provisions. Accordingly, I venture to suggest that if your Government has any views to express with respect to the Convention of July 28, 1926, it await the ratification of the Convention and the receipt of the invitation which under the terms thereof may be extended to it for the purpose of securing a joint consideration by the Governments of Colombia, of Panama and of the United States of the specific claims in question.[Page 7]
Pending the receipt of such further communication as your Government may deem appropriate in the light of the foregoing suggestion, I shall make no comment on the points raised in the memorandum accompanying your note under acknowledgment.