Resolved to
promote by all the efforts in their
power the
friendly settlement of
international disputes;
Desirous of
extending the empire of
law and of strengthening the appreciation of
international justice;
Convinced that the
permanent institution of a
Tribunal of
Arbitration accessible to all, in the midst of
independent Powers, will
contribute effectively to this result;
Sharing the
opinion of the august initiator of the
International Peace Conference that it is
expedient to
record in an
International Agreement the
principles of
equity and
right on which are based the
security of
States and the
welfare of peoples;
Being desirous, with this
object, of insuring the better
working in
practice of
Commissions of Inquiry and
Tribunals of
Arbitration, and of facilitating
recourse to
arbitration in
cases which allow of a
summary procedure;
Have deemed it necessary to revise in certain particulars and to complete the
work of the First
Peace Conference for the
pacific settlement of international disputes;
The
High Contracting Parties have resolved to conclude a new
Convention for this
purpose, and have appointed the following as their
Plenipotentiaries: