Mediations, Negotiations, and Arbitration

Our Nation has associated itself with other great powers for the purpose of promoting peace in the regions of the Pacific Ocean. It has steadily refused to accept the covenant of the League of Nations, but long before that was thought of, before the opening of the present century, we were foremost in promoting the calling of a conference at The Hague to provide for a tribunal of arbitration for the settlement of international disputes. We have made many treaties on that basis with other nations.

Final-offer arbitration should have great appeal for the daring (the risk seekers) who play against the timid (the risk avoiders).

He laboured to promote international arbitration.