THE NATIONAL CHAMBER OF COMMERCE
without submitting their differences to an International Court or a
Council of Conciliation, and awaiting the decision of the Court or
the recommendation of the Council, as circumstances make the more
appropriate.
The United States should take the initiative in establishing the
principle of frequent international conferences at expressly stated
intervals for the progressive amendments of international law.
(Referendum No. 11, submitted November 15, 1915.)
PEACE TREATY
Uncertainties in our international relations retard our progress.
A treaty of peace should be placed in effect, without more delay.
This treaty should safeguard every fundamental principle of the
government of the United States and should protect the rights of
American citizens. (Resolution, Eighth Annual Meeting, 1920.)
INVESTMENTS ABROAD
The position of the United States as a creditor nation tends to
stimulate American investment abroad. It is desirable that every
possible encouragement be given such investment, as an essential
factor in the development of American foreign trade.
Legitimate American investment abroad is entitled to the same
measure of protection in the countries where made that is given by
this government to foreign investments in the United States. The
United States should enunciate and enforce a firm policy for the
protection of American citizens and legitimate American enterprises
and investments in foreign lands. (Resolution, Seventh Annual
Meeting, 1919.)
WORLD READJUSTMENT
In his recent address to Congress, the President of the United
States declared:
“We have witnessed, yea we have participated in, the supremely
tragic episode of war, but our deeper concern is in the continuing
life of nations and the development of civilization. . . . Our obli-
gations in effecting European tranquility because of wars involve-
ments are not less impelling than our part in the war itself. This
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