Great progress was made when arbitration treaties were concluded in which the contracting powers pledge in advance to submit all conflicts to an arbitration court, treaties which not only specify the composition of the court, but also its procedure.

When distrust exists between governments, when there is a danger of war, they will not be willing to disarm even when logic indicates that disarmament would not affect military security at all.

Thus, if armaments were curtailed without a secure peace and all countries disarmed proportionately, military security would have been in no way affected.

Time and time again we have experienced efforts directed toward this popular and simple concept of securing peace by means of disarmament.

Among pacifists it was above all the English who always insisted on the importance of disarmament. They said that the man in the street would not understand the kind of pacifism that neglected to demand immediate restriction of armaments.

The security of which we speak is to be attained by the development of international law through an international organization based on the principles of law and justice.

Limitation of armaments in itself is economically and financially important quite apart from security.