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The First Hague Conference created the permanent Court of Arbitration, which was its highest achievement. The Second Hague Conference proposed the establishment of an International Court of Prize and a Court of Arbitral Justice, and upon these its fame will forever endure. In the First Conference the idea of the creation of an International Court had been promptly laid aside as soon as it was suggested, it being regarded as impracticable, if not impossible. The acceptance of the proposal by forty-five nations in the Second Conference marks the rapid progress of this movement.

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