On the 15th of November, 1912, the United States and Great Britain formally ratified and put into effect an agreement which, in consequence of diplomatic negotiations covering nearly two years, had been signed by their plenipotentiaries on the 20th of July, 1912, adopting with certain modifications the rules and method of procedure embodied in the award of the North Atlantic Coast Fisheries Arbitration Tribunal, rendered at The Hague on September 7, 1910, under which all questions hereafter arising in regard to the exercise of American fishing liberties under the treaty of 1818 may be determined in accordance with the principles laid down in the award. This agreement constitutes the final step which was necessary to complete and perfect the arbitration award and give it practical application; and the award and this agreement together establish for all time the extent of the rights and obligations of the inhabitants of the United States in the exercise of thenfishing liberties under the treaty of 1818.
The North Atlantic Coast Fisheries Arbitration