711.1928/507b

The Secretary of State to the Secretary of the Treasury (Morgenthau)

My Dear Mr. Secretary: Under the provisions of Article XIV of the Convention between the United States and the Republic of Panama, concluded November 18, 1903,3 there will be due and payable on February 26, 1936, to the Republic of Panama, or its agent, the sum of $250,000.00 in liquidation of the twenty-fourth annual payment due from the Government under the terms of which Congress appropriated $250,000.00 in the Department of State and Justice Act approved March 22, 1935.4

I, therefore, enclose herein Certificate No. 1, dated February 4, 1936, in favor of William Nelson Cromwell, Fiscal Agent of the Republic of Panama, for $250,000.00 in settlement of this payment.

It is respectfully requested that a warrant for the amount due be forwarded to the Bureau of Accounts of this Department for transmission to Mr. Cromwell.

Sincerely yours,

Cordell Hull