With the ending last year of a long and exhausting struggle which we conducted with incomparable self-denial, the Bulgarian people and my Government directed again their efforts toward the healing of the wounds of the recent past and the remodeling of the national forces, and likewise toward creating new resources and prosperity for the country.
Our common peaceful activity was interrupted by the breaking out of the greatest and most terrible of all wars that history has up to this day recorded. In face of this mighty struggle of the European nations my Government has deemed it its duty before the nation, and the course imposed on it, to declare the neutrality of Bulgaria and to maintain this attitude sternly and honestly according to international obligations and the interests of the fatherland.
Thanks to this process, my Government maintains good and friendly relations with all the great powers; has succeeded in giving to our relations with our neighbors a color of greater confidence, so necessary after the crisis of the last year, and in the midst of the events that lie heavy today on the whole of Europe.

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