VII 



THE ARBITRATION TREATY 



AFTER negotiations which had been pending for 

 nearly two years, the general Arbitration Treaty 

 between the United States and Great Britain was 

 signed on the llth of January [1897] by Mr. 

 Richard Olney and Sir Julian Pauncefote, repre 

 senting the two countries concerned; and on the 

 following day the document was sent by President 

 Cleveland to the Senate for ratification. The pro 

 visions of this important treaty may be summarized 

 as follows : 



It is expected that differences arising between 

 the two countries will ordinarily admit of settle 

 ment by the customary methods of diplomacy. It 

 is only with cases where such customary methods 

 fail that the provisions of the present treaty are 

 concerned ; and the parties hereby agree to sub 

 mit all such cases to arbitration after the manner 

 herein provided. 



The &quot; questions in difference &quot; that are liable to 

 arise are arranged in three grades or classes : (1) 

 small pecuniary claims ; (2) large pecuniary claims, 



