"It will be through graded processes such as this that the great end
will be accomplished. Beginning with such annotated reports as a basis
for precedents, each new case tried before this tribunal will add a
further precedent, and presently a complete international code will be
in existence. It was in this way that the English common law was built,
and such has been the admirable history of the work done by our own
judicial system.
"The study of such problems is at this time infinitely more important
than the consideration of how large a fine shall be inflicted by the
victors upon the vanquished."
The Chief Result.
"There is the probability of some dislocation of territory and some
shiftings of sovereignty after the war ends, but these will be of
comparatively minor importance. The important result of this great war
will be the stimulation of international organization along some such
lines as I have suggested.
"Dislocation of territory and the shifting of sovereigns as the result
of international disagreements are mediaeval practices. After this war
the world will want to solve its problems in terms of the future, not in
those of the outgrown past.
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