Let Us Assume That The Ideal Were

Great Progress Was Made When Arbitration Treaties Were Concluded In Which The Contracting Powers Pledge In Advance To Submit All Conflicts To An Arbitration Court, Treaties Which Not Only Specify The Composition Of The Court, But Also Its Procedure.

Disarmament Or Limitation Of Armaments, Which Depends On The Progress Made On Security, Also Contributes To The Maintenance Of Peace.

Every Success In Limiting Armaments Is A Sign That The Will To Achieve Mutual Understanding Exists, And Every Such Success Thus Supports The Fight For International Law And Order.

I Am Convinced That When The History Of International Law Comes To Be Written Centuries Hence, It Will Be Divided Into Two Periods: The First Being From The Earliest Times To The End Of The Nineteenth Century, And The Second Beginning With The Hague Conference.

Limitation Of Armaments In Itself Is Economically And Financially Important Quite Apart From Security.