There has not been a war in South America for fifty years, and I have every confidence that the countries of Central and South America are deeply in earnest in the maintenance of peace.

Adequate defense has been the catchword of every militarist for centuries.

I share the opinion of those of broader vision, who see in the signs of the time hope of humanity for peace.

I know of no greater work for humanity than in the cause of peace, which can only be achieved by the earnest efforts of nations and peoples.

It is by such means as the prize offered by your Committee that the attention of the world will be focused and that men and women will be inspired to greater efforts in the interest of peace.

It is true not all has been accomplished that the earnest advocates would desire, but a start has been made.

The fact that so many of your people are today residents and citizens of the United States, lending their influence to our civic and economic life, which has meant so much to our development.