Competition In Armament, Both Land And Naval,

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 Not To Be Expected That Human Nature Will Change In A Day.

Each One Of These Treaties Is A Step For The Maintenance Of Peace, An Additional Guarantee Against War. It Is Through Such Machinery That The Disputes Between Nations Will Be Settled And War Prevented.

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.

There Is No Short And Easy Road, No Magic Cure For Those Ills Which Have Afflicted Mankind From The Dawn Of History.