INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [55 STAT. Please accept, Excellency, my thanks in advance for the attention which you may see fit to give to this request, and the assurances of my highest and most distinguished consideration. J. H. EHRMAN Charge d'Affaires a.i. His Excellency CORDELL HULL, Secretary of State of the United States, Washington. The Secretary of State to the PanamanianAmbassador DEPARTMENT OF STATE WASHINGTON February 8, 1941 EXCELLENCY: I have the honor to acknowledge the receipt of your Embassy's note of January 15, 1941 (Number D-14) concerning the desire of your Government that the revenues of shipping companies incorpo- rated under Panamanian laws be declared exempt from income taxes. A copy of the note and the authenticated document transmitted therewith have been forwarded to the Treasury Department and further response will be made to the note at a later date. Accept, Excellency, the renewed assurances of my highest con- sideration. For the Secretary of State: BRECKINRIDGE LONG His Excellency Senor Doctor Don CARLOS N. BRIN, Ambassador of Panama. The Secretary of State to the PanamanianAmbassador DEPARTMENT OF STATE WASHINGTON March 28, 1941 EXCELLENCY: I have the honor to refer to your Embassy's note of January 15, 1941 (Number D-14) concerning the desire of your Government that the revenues of shipping companies incorporated under Panamanian laws be declared exempt from income taxes. Reference is also made to the note of the Department of State of February 8 on the subject. A letter has been received from the Treasury Department in which reference is made to the provisions of Executive Resolution No. 33-bis of March 2, 1936 contained in the authenticated documents enclosed with the Embassy's note relating to the exemption of the
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