No. 474.

Mr. Bayard to Mr. Elmore.

Sir: I have the honor to acknowledge the receipt of your note of the 31st ultimo, formally announcing the desire of Peru to terminate the treaty of commerce and navigation and the treaty of extradition with the United States, now in force, and communicating the proposition of your Government to proceed to negotiate new treaties on the questions of those terminating on the 31st March, 1886, as above announced.

Hereby formally accepting the notice of termination of the said treaties, I have the honor to say that the Department will consider any drafts of treaties intended to supersede them which your Government may present.

Accept, &c.,