"The postal service of the world has been internationalized in its control for years. The several Postal Conventions have been evidences of an international organization of the highest order. "Europe abounds in illustrations of the international administration of large things. The very laws of war, which are at present the subject of so much and such bitter discussion, are the result of international organization. "They were not adopted by a Congress, a Parliament, or a Reichstag. They were agreed to by many and divergent peoples, who sent representatives to meet for their discussion and determination." One of the Examples. "In the admiralty law we have a most striking example of uniformity of practice in all parts of the world. If a ship is captured or harmed in the Far East and taken into Yokohama or Nagasaki, damages will be assessed and collected precisely as they would be in New York or Liverpool. "The world is gradually developing a code for international legal procedure. Special arbitral tribunals have tended to merge and grow into the international court at The Hague, and that, in turn, will develop until it becomes a real supreme judicial tribunal. "Of course the analogy with the federated State fails at some points, but I believe the time will come when each nation will deposit in a world federation some portion of its sovereignty. "When this occurs we shall be able to establish an international executive and an international police, both devised for the especial purpose of enforcing the decisions of the international court. "Here, again, we offer a perfect object lesson. Our Central Government is one of limited and defined powers. Our history can show Europe how such limitations and definitions can be established and interpreted, and how they can be modified and amended when necessary to meet new conditions. "My colleague, Prof. John Bassett Moore, is now preparing and publishing a series of annotated reports of the international arbitration tribunals, in order that the Governments and jurists of the world may have at hand, as they have in the United States Supreme Court, reports, a record of decided cases which, when the time comes, may be referred to as precedents. "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.