Telegram from Francis B. Loomis to William W. Russell

Subject(s): de la Espriella Navarro, Francisco Vicente, -1916

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-

Publication Date

2019-01-10

Language

English

Period

U.S. President – 1st Term (September 1901-February 1905)

Original Collection

Theodore Roosevelt Papers

Repository

Library of Congress Manuscript Division

Page Count

3

Production Method

Typed

Record Type

Multi-image

Resource Type

Telegram

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?]. Theodore Roosevelt Papers. 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. Theodore Roosevelt Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. October 29, 2025. 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. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o45399.

Cite this Collection

Chicago:

Library of Congress Manuscript Division. Theodore Roosevelt Papers. 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 Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. October 29, 2025. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.

APA:

Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.