More than seven years have now passed since the treaty creating the Permanent Court of International Justice was opened for signature at Geneva.1 For more than six years, the court has been at work,2 and it is now holding its fourteenth session. In this period, it has handed down eleven judgments and fifteen advisory opinions, and has thus made a substantial contribution to the better ordering of the international life of our time.3 Few if any informed people had envisaged such a large measure of usefulness for the court before it was established, and most of us had not dared to hope that in such a short time it would have builded its foundations so firmly. As an agency for the extension of the application of law in international affairs, the court now holds an assured position, and it offers promise of large influence toward reducing international friction in the future. It now seems improbable that the world will ever again be willing to be without this or a similar tribunal, and if its present organization is not to be deemed as final, it seems clear that the existing court must serve a,s the basis of any future attempt to achieve a better administration of international justice according to law.