File No. No. 763.72112C26/62

The Peruvian Minister ( De Freyre) to the Secretary of State

Sir: In reply to your note of the 6th instant with reference to the conditions under which the United States Government is disposed to grant a temporary license which would permit American banks or bankers, or their branches in Peru, to finance the marketing in Chile of sugar pertaining to the Casa Grande Sugar Plant, I have the honor to inform you that my Government will promulgate an Executive order establishing the control of the Peruvian Government over the Casa Grande Sugar Plant, in conformity with the provisions contained in your aforementioned note.

Accept [etc.]

M. de Freyre