The record-union., 1897-01-19
THE ARBITRATION TREATY.
Full Text Of the Most Important DOCu-
ment Of the Century.
Treaty for the Peaceful Settlement or
All Questions Between the United
States and Great Britain.

Following is the full text of the ar
bitration treaty now pending in the
United States Senate, as published in
the New York Herald" of January
18th:
The United States of America and
her majesty the Queen OF the united
Kingdom of Great Britain and Ireland,
beng desirous of consolidating the re-
lations of amity, which so happily ex-
ist between them, and of conSecratlng
by treaty the principle of international
arbitration, have appointed Tor that
purpose as their respective Plenlpo-
tentiarieS the President of the United
States of America, the Hon. Richard
Olney, Secretary of State of the United
States, and her majesty the Queen OF
the United Kingdom of Great Britain
and Ireland, the Right Honorable Sir
Julian Pauncefote, a member of her
majesty's most hnorable Privy Coun-
ell, knight Grand Cross of the Most
Honorable Order of the Bath and OF
the Most Distinguished Order OF St
Michael and st. George, and her maj
esty'S ambassador Extraordinary and
Plenipotentiary to the United states,
who, after having communicated 10
each other their respective full powers,
which were found to be in due ana
proper form, have agreed to and con-
cluded the following articles:
/ TERMS OF THE TREATY.
| Article 1T The high contracting
parties agree to submit to arbitration
in accordance with the provisions and
SyIbiaat 10 tho liY,oi a tio1oS of this f1%aa "
all questions in difference between
them which they may fail to adjust
| by diplomatic negotiations.
| Article II. All pecuniary claims
or groups of pecuniary claims which
do not in the aggregate exceed t1OO,OOO
in amount and which do not involve
the determination of territorial claims
shall be dealt with and decided by an
arbitral tribunal, constituted as pro-
vided in the next following article.
| In this article and in Article ". the
words groups of pecuniary claims
means pecuniary claims by one or more
persons arising out of the same trans
actions or involving the same issues OF
| law and of fact.
| Article III-Each of the high con-
| tracing parties shall nominate one ar
| bitrator, who shall be a juriSt of re-
pute and the two arbitrators so named
shall within two months of the date
| of their nomination select an umpire.
| In case they shall fail to do so within
| the limit of time above mentioned, the
| umpire shall be appointed by agree
rlent between the members for the time
| being of the Supreme Court of the
| United States and the members for the
| time being of the judicial Committee
of the Privy Council in Great Britain,
each nominating body acting by ma
jority. In case they shall fail to agree
upon an umpire within three months
of the date of an application made TO
them In that behalf by the high con-
| tracing parties or either of them the
umpire shall be selected in the man
ner provided for in Article x.
/ The person SO selected shall be the
| President of the tribunal and the
award of the majority Of the members
| thereof shall be final.
TO SETTLE LARGER CLAIMS.
Article IV.-Al pecuniary claims or
groups of pecuniary claims which shall
exceed 100000 in amount and all other
matters in difference in respect of which
| either OIL Uffe IlBn PdIlleS
| shall have rights against the other, un-
! der treaty or otherwiSe-provided that
such matters in difference do not in
| vove the determination of territorial
| claims-slall be dealt with and decided
| by an arbitral tribunal, constituted as
provided in the next following article:
Article V.--Any subject described in
Article W shall be submitted to the
| tribunal provided for by Article III, the
| award Of which tribunal. if unanimous,
| shall be final If not unanimous, either
Of the contracting parties may within
| six months from date of the award de
mand a review thereof. In such case
| the matter in controversy shall be sub
mitted to an arbttral tribunal consisting
| of five jurlsts of repute, no one Of whom
| shall have been a member OF the tri-
| bunal whose award is to be reviewed,
and who shall be selected as follows,
| viz: Two by each of the high contract
| ing parties and one, to act as umpire
| by the four thus nominated, and to be
| chosen within three months after the
| date of their nomination. In case they
shall fail to choose an umpire within the
limit of time above mentioned the UNI
pire shall be appointed by agreement
between the nominating bodies desig-
|