Word: award
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Dates: during 1900-1909
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...time and amount of payment fixed by the award...
...Default of payment according to terms of the award...
Resolved. That the United States should permit the European government to seize and hold permanently territory of the debtor state not exceeding in value the amount of the award...
...award by said Tribunal in favor of the European government...
...interests of the whole civilized world, while their opponents considered only the interests of the United States. Harvard's contention was that under the conditions presupposed in the question the European power had an unquestionable right to seize territory of the debtor state to the amount of the award. The denial of that right by the United States would be contrary to the interests of South America, the United States and the rest of the civilized world...