We believe it to be desirable that a League among Nations should be organized for the following purposes:
1. A World Court, in general similar to the Court of Arbitral Justice already agreed upon at the Second Hague Conference, should be, as soon as possible, established as an International Court of Justice, representing the nations of the world and, subject to the limitations of treaties, empowered to assume jurisdiction over international questions in dispute that are justiciable in character and that are not settled by negotiation.
2. All other international controversies not settled by negotiation should be referred to the Permanent Court of Arbitration at The Hague, or submitted to an International Council of Conciliation, or Commissions of Inquiry, for hearing, consideration and recommendation.
3. Soon after peace is declared, there should be held either "a conference of all great Governments," as described in the United States Naval Appropriation Act of 1916, or a similar assembly, formally designated as the Third Hague Conference, and the sessions of such international conferences should become permanently periodic, at shorter intervals than formerly.
Such conference or conferences should
(a) formulate and adopt plans for the establishment of a World Court and an International Council of Conciliation, and
(b) from time to time formulate and codify rules of international law to govern in the decisions of the World Court in all cases, except those involving any constituent State which has within the fixed period signified its dissent.
4. In connection with the establishment of automatically periodic sessions of an International Conference, the constituent Governments should establish a Permanent Continuation Committee of the conference, with such administrative powers as may be delegated to it by the conference.
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BOARD OF GOVERNORS
Official Organ: The World Court