...parties themselves in the compromis.33 According to article 16, the contracting powers recognized that in questions of a legal nature, and especially in...application of international conventions, arbitration was the most effective and equitable means of settling disputes that diplomacy had failed to settle....

...difference of opinion on points of fact"; (3) to institute an International Commission of Inquiry; and (4) in "questions of a legal nature, and especially in...interpretation or application of International Conventions", and indeed, any "international differences which it has not been possible to settle by diplomacy",...

...the contracting parties manifested their high esteem of arbitration by declaring that it constitutes the "most effective, and at the same time the most...settling disputes which diplomacy has failed to settle". This assessment would not be shared any more today. 22. On the basis of this definition, the first...

...states might refer to settle their differences. The Hague Convention of l899 stated, in Art. l6, that: "In questions of a legal nature, and especially in...application of International Conventions, arbitration is recognised by the Signatory Powers as the most effective, and at the same time the most equitable,...

...states might refer to settle their differences. The Hague Convention of l899 stated, in Art. l6, that: "In questions of a legal nature, and especially in...application of International Conventions, arbitration is recognised by the Signatory Powers as the most effective, and at the same time the most equitable,...