Show PANAMA MUST PAY HER SHARE OF COLOMBIAN DEBT Cannot Honorably Repudiate Obligation I THE POSITION OF ENGLAND i Will Ask the United States to Exert Influence Greater Part of the Loan WAS Negotiated Nego-tiated in Tight for Independence Independ-ence Against Spain London Nov 24 Foreign Secretary Lansdowiio has requested the council of the foreign bondholdois to supply further details of the Colombian loan When drawn up these will he forwardcil to KinhasMidor Dnrnnil and presented to Washington In urge the rights uf IJritfth bondholders hi connection with the republic of Panama From the council the Associated Press secured the following Jn regard to time t reported statement of the 1nnama Commissioners that Panama declines responsibility for the Colombian debt on the ground that s hen Limo greater I part of the money was borrowed Panama was not included In Colombia the facts appear to be as follow fol-low BIGHT OK HONOR Panama declared KB Independence of Spain November 28 1S21 and In the solemn declaration uf the revolutionary Junta stated That the terrlttny of the Isthmus belonged to he I republic slate of Colombia to time Congress whereof it would In due course send Its deputy The war with Spain continued for sometime some-time thereafter and In 1822 Colombia Issued an external loan of SIO000000 the greater part of which was to be I devoted de-voted to prosecuting the war of Independence Inde-pendence LED TO INDEPENDENCE In 1S1M Colombia iHssucd a further loan of 257iiO000 for the same purpose Jt i would be surprising If Panama attempted at-tempted to repudiate responsibility for the money which assisted her to become be-come part of a free stale The foregoing Is the filet of lengthy statement which v lll be forwarded to I the J3rltlsh embassy at Washington |