US Presidency
1903

For the better performance of the engagements of this convention and to the end of the efficient protection of the canal and the preservation of its neutrality, the Government of the Republic of Panama will sell or lease to the United States lands adequate and necessary for naval or coaling stations on the Pacific coast and on the western Caribbean coast of the Republic at certain points to be agreed upon with the President of the United States. ARTICLE XXVI. This convention when signed by the plenipotentiaries of the contracting parties shall be ratified by the respective Governments, and the ratifications shall be exchanged at Washington at the earliest date possible. In faith whereof the respective plenipotentiaries have signed the present convention in duplicate and have hereunto affixed their respective seals. Done at the city of Washington, the 18th day of November, in the year of our Lord, 1903. JOHN HAY. P. BUNAU-VARILLA