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Both President Obama and I shared the conviction that territorial and maritime disputes in the Asia Pacific region should be settled peacefully based on international law. We affirm that arbitration is an open, friendly and peaceful approach to seeking a just and durable solution.

Mandatory arbitration clauses I think, more often than not, work to the detriment of working people.

The following year, after I had prepared my draft, the Conference of the Interparliamentary Union at The Hague decided to set up a special commission to study the problem seriously.

On the contrary, all the world would point to that nation as violating a treaty, by going to war with a country with whom they had engaged to enter into arbitration.

I can imagine no society which does not embody some method of arbitration.

When will mankind be convinced and agree to settle their difficulties by arbitration?

If we examine the Hague Convention carefully, we see that it considers the offer of good offices a duty of every nation. In other words, such offers should be made whenever a dispute becomes critical and threatens to explode into war.

I can guarantee you this, that more pension and benefit reforms which I will consider arbitration reform to be one of them, are things that when they come to my desk, they will be signed.

The interparliamentary conference should, in my opinion, direct its particular attention to the preparation of the next Hague Conference, the diplomatic conference, the conference of governments.

I haven't mentioned another argument, The Hague tribunal. It is clear our generals and all of you who are sitting here now with me could end up there, too.