File No. 763.72112/477

The Secretary of State to the Peruvian Minister (Pezet)

The Secretary of State of the United States of America presents his compliments to the Minister of Peru, and has the honor to [Page 451] acknowledge with thanks the receipt of his memorandum of December 12, transmitting one in which the Minister for Foreign Affairs of Peru suggests certain modifications of international law by which the neutral nations of the American Continent might minimize the injurious effects of the European war on their commerce and finances.

The Secretary of State begs to convey to the Minister for Foreign Affairs, through the Minister of Peru, his thanks for being permitted to read his timely and interesting memorandum on this important subject, which is receiving the careful consideration of the Department of State.