Arbitration

an adjudication by private persons, called arbitrators, appointed to decide a matter or matters in controversy, either by written or oral submi ion, by agreement of the disputants. It differs from a reference which is made by the order of a court of law. The proceeding generally is ealled & submi ion to arbitration; the parties appointed to decide are termed arbitrators, not referees: and their adjudication is called an award. This mode of settling disputes has been approved by some legislatures, and there are statutes in a number of States regulating the proceedings. It cannot be said that the legal requirements have helped to any great extent in the settlement of disputes be between labor and capital. Either or both sides claim that an injustice has been done, and while a modus vivendi may be determined, it is only that matters may be arranged for a more succe ful outcome of the next difficulty. The settlement of the great coal strike of 1902 by the arbitrators selected by President Roosevelt, ended the conflict for the time being, but did not satisfy either party to the dispute. The first general treaty of arbitration ever drawn between nations was signed Jan. 11, 1897, in Washington, by Richard Olney, Secretary of State for the United States, and Sir Julian Pauncefote, Amba ador of Great Britain to the United States, for Great Britain. This treaty was placed before the United State Senate, Jan. 11, 1897 accompanied by a special me age from President Cleveland, but the Senate refused to ratify it. Since then similar treaties have been made and ratified between Italy and the Argentine Republic and between the Argentine Republic and pte ye The International Peace Convention at The Hague, in 1899, established an International Court of Arbitration which has been ratified by the United States and other signatory powers. In 1903, Holland accepted Mr. Carnegie’s —_ —————————————— for a Temple of Peace and International Law Library at The Hague, for the se ions of the Court.