A draft on the Riggs National Bank in Washington, D. C. for $2,214,007.36 payable to Cordell Hull was handed in Tokyo last week to a subordinate official of the U. S. Embassy by a subordinate official of the Japanese Foreign Office. Thus the Imperial Japanese Government paid in full as quietly as possible the following itemized bill, presented by Uncle Sam after Japanese bombers sank the U. S. river gunboat Panay and Standard Vacuum Oil Co.'s tankers Met Ping, Mei Hsia and Mei An (TIME, Dec. 20) : Property losses Navy Dept.
Loss of Panay $ 455,727.87...
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