] W J TREATY PROVISIONS RELATING TO ARBITRATION. 



agreement in any matter affecting the interests of a self governing 

 Dominion of the British Empire to obtain the concurrence therein of 

 the Government of that Dominion. 



Such Agreements shall be binding only when confirmed by the two 

 Governments by an Exchange of Notes. 



Article III. 



The present Convention shall be ratified by the President of the 

 United States of America by and with the advice and consent of the 

 Senate thereof, and by his Britannic Majesty. The ratifications shall 

 be exchanged at Washington as soon as possible, and the Convention 

 shall take effect on the date of the exchange of its ratifications. 



Article IV. 



The present Convention is concluded for a period of five years, 

 dating from the day of the exchange of its ratifications. 



Done in duplicate at the City of Washington, this fourth day of 

 April, in the year 1908. 



Elihu Root [seal] 

 James Bryce [seal] 



HAGUE CONVENTION OE OCTOBER 18, 1907, EOR THE PACIFIC SET- 

 TLEMENT OF INTERNATIONAL DISPUTES. 



[Extract.] 



Part IV. — International Arbitration. 

 Chapter I. — The System of Arbitration. 



Article XXXVII. 



International arbitration has for its object the settlement of dis- 

 putes between States by Judges of their own choice and on the basis 

 of respect for law. 



Recourse to arbitration implies an engagement to submit in good 

 faith to the Award. 



Article XXXVIII. 



In questions of a legal nature, and especially in the interpretation 

 or application of International Conventions, arbitration is recognized 

 by the Contracting Powers as the most effective, and, at the same 

 time, the most equitable means of settling disputes which diplomacy 

 has failed to settle. 



Consequently, it would be desirable that, in disputes about the 

 above-mentioned questions, the Contracting Powers should, if the 

 case arose, have recourse to arbitration, in so far as circumstances 

 permit. 



Article XXXIX. 



The Arbitration Convention is concluded for questions already 

 existing or for questions which may arise eventually. 



It may embrace any dispute or only disputes of a certain category. 



