Page:United States Statutes at Large Volume 46 Part 2.djvu/1234

 2842 Vol. 38, p. 1883. Vol. 36, p. 2221. Special a;;reement. Subjects not in- cluded. ARBITRATION TREATY-ICELAXD. ~fAY 15, 1930. 17, 191<!., and which are justiciable in their nature by reason of being susceptible of deciSIOn by the application of the prmciples of law or equity, shall be submitted to the Permanent Court of Arbitration established at The Hague by the Convention of October 18, 1907, or to some other competent tribunal, as shall be decided in each case by special agreement, which special agreement shall provide for the organization of such tribunal if necessary, define its powers, state the question or questions at issue, and settle the terms of reference. The special agreement in each case shall be made on thelart of the United States of America by the President of the Unite States of America by and with the adVIce and consent of the Senate thereof, and on the part of Iceland in accordance with its constitutional laws. ARTICLE II The provisions of this treaty shall not be invoked in respect of any dispute the subject matter of which (a) is within the domestic jurisdiction of either of the High Contracting Parties, (b) involves the interests of third Parties, (c) depends upon or involves the maintenance of the traditional attitude of the United States concerning American questions, com- monly described as the Monroe Doctrine, (d) depends upon or involves the observance by Iceland, in the event that Iceland becomes a Party to the Covenant of the League of Nations, of its obligations in accordance with the Covenant. ARTICLE III Ratification. The present treaty shall be ratified. The ratifications shall be exchanged at Washington as soon as possible, and the treaty shall Effective date and take effect on the date of the exchange of the ratifications. It shall duratIon. thereafter remain in force continuously unless and until terminated by on(\ year's written notice given by either High Contracting Party Signatures. RatificaUons ex· changed. Proclamation. to the other. In faith whereof the respective Plenipotentiaries have signed this twtty in duplicate in the English language and hereunto affixed their seals. Done at Washington the 15th day of May, one thousand nine hundred and thirty. For the United States of America: [SEAL] HENRY L STIMSON For Iceland: [SEAL] C. BRUN. AND WHEREAS the said Treaty has been duly ratified on both parts, and the ratifications of the two Governments were exchanged in the city of Washington on the second day of October, OLe thou- sand nine hundred and thirty; NOW, THEREFORE, be it known that I, Herbert Hoover, Presi- dent of t.he United States of America, have caused the said Treaty to be made public, to the end that the same and every article and clause thereof may be observed and fulfilled with good faith by the United States of America and the citizens thereof.