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of Guilford College, North Carolina, a senior in Guilford College at the same place, whose essay follows. The judges were Chancellor Elmer Ellsworth Brown of New York University, Rollo Ogden, editor of the New York _Evening Post_, and Lieutenant General Nelson A. Miles, U.S.A., retired. Each winner is invited to the Lake Mohonk Conference next following, where he publicly receives the prize from its donor, Mr. Pugsley. THE PRESENT STATUS OF INTERNATIONAL ARBITRATION The first concerted effort looking toward an eventual world-wide peace was the Hague Conference of 1899, where representatives of twenty-six nations assembled in response to a rescript from the Czar of Russia, whose avowed purpose, as set forth in the rescript, was to discuss ways and, if possible, devise means, to arrest the alarming increase in expenditures for armaments which threatened to bankrupt the national governments. Unable to accomplish anything definite in this respect because of the vigorous opposition headed by Germany, the delegates turned their attention toward giving official recognition and concrete form to ideas which had already obtained in the settlement of international disputes, and toward the formation of a court before which the nations might have their differences adjudicated. The principles embodied in good offices and mediation and commissions of inquiry have given gratifying evidence of their efficiency, each in its respective capacity. The original achievement of the conference, however, was the Permanent Court of Arbitration. The composition of this court was to include not more than four persons from each of the signatory powers; from which panel, in case of an appeal to arbitration, each party was to select two judges, who, in turn, should elect their own umpire unless otherwise provided by the disputants. That it would be subject to criticism might have been expected. That twenty-six nations could unanimously agree upon any court whatever was the real occasion for surprise. The four cases arbitrated during the eight years intervening between this and the Second Hague Conference served to bring out its defects, chief of which were its decentralized and intangible nature. Nominally a court, in reality it was but a panel scattered all over the world from which a court could, with great difficulty and expense, be selected. Nominally permanent, in reality it had to be re-created for each case to be judged. The
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