facts and reasons for such action shall be forthwith reported to the
Supervisory Committee, which shall determine the course of action to
be adopted in order to protect the rights of all parties, and shall
notify the same to the governments involved which shall comply with
such notification. In the event that a government fails to comply
therewith it shall be deemed to have violated the covenant and
guaranty hereinbefore set forth."

The other articles follow:

"ARTICLE IV

"_Revision of Arbitral Tribunal and Codification of International
Law_

"_Clause 1_

"The International Council, within one year after its organization,
shall notify to the powers signatory and adherent to this convention
and shall invite all other powers to send delegates to an
international conference at such place and time as the Council may
determine and not later than six months after issuance of such
notification and invitation.

"_Clause 2_

"The International Conference shall consider the revision of the
constitution and procedure of the Arbitral Tribunal and provisions
for the amicable settlement of international disputes established by
the I Treaty signed at The Hague in 1907, and shall formulate codes