Telegram from Francis B. Loomis to William W. Russell
Subject(s): Banks and banking, de la Espriella Navarro, Francisco Vicente, -1916, Panama, Republican Party (U.S. : 1854- )
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Acting Secretary of State Loomis announces the United States government’s decision to decline modification of its agreement to pay $10 million to the Panamanian government. As such, the government has made a payment of over $9 million to J. P. Morgan & Co. for the account of the Republic of Panama. Loomis adds that the United States government expects that at least $8 million of this fund “should be safely invested to secure the stability of Panama’s finances” as Panama’s representative had claimed prior to the ratification of the treaty.
Collection
Library of Congress Manuscript Division
Creation Date
1904-05-19
Creator(s)
Loomis, Francis B. (Francis Butler), 1861-1948
Recipient
Russell, William Worthington, 1859-
Language
English
Period
U.S. President – 1st Term (September 1901-February 1905)
Repository
Library of Congress Manuscript Division
Page Count
3
Production Method
Record Type
Multi-image
Resource Type
Rights
These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.
Citation
Cite this Record
Chicago:
Telegram from Francis B. Loomis to William W. Russell. [May 19, 1904]. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o45399. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Loomis, Francis B. (Francis Butler), 1861-1948. Telegram from Francis B. Loomis to William W. Russell. [19 May. 1904]. Multi-image.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 22, 2026. https://www.theodorerooseveltcenter.org/digital-library/o45399.
APA:
Loomis, Francis B. (Francis Butler), 1861-1948., [1904, May 19]. Telegram from Francis B. Loomis to William W. Russell.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o45399.
Cite this Collection
Chicago:
Library of Congress Manuscript Division. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 22, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
APA:
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
