Abstract
Some sixty-five years ago, when on April 14, 1890, the Union of American Republics was established, the great hope for world peace, the great promise of bringing international relations under the rule of law, lay in the development of arbitration. The Plan of Arbitration proposed by the Conference was for its time a radical one. Arbitration was to be obligatory for all disputes except those which in the judgment of a state might peril its independence; and the example thus set by the American States was not without its effect at the Hague Conferences of 1899 and 1907. The limitation of armaments was obviously beyond the plans of practical statesmen. But even so, that was not ground for discouragement. If only the procedure of arbitration could be given greater authority and extended into ever-widening fields, it might be possible to look forward to an agreement upon the limitation of armaments when there was no longer the same need of them.
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