The Secretary of State to the Minister in Panama ( Price )
Your October 28, 4 p.m.
The Department has had presented to it the names of several very experienced persons who would be qualified to act as Financial Adviser to the Government of Panama. Before making any definite recommendation regarding this matter it is necessary to know what would be the terms of the contract between the Panaman Government and the Financial Adviser and the amount of his salary. It would appear that $10,000 a year would be adequate.