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... The functions of the mediator are at an end when once it is declared, either by one of the parties to the dispute, or by the mediator himself, that the means of reconciliation proposed by him are not accepted. ...
... Consequently, they declare that the fact of reminding the conflicting parties of the provisions of the present Convention, and the advice given to them, in the highest interests of peace, to have recourse to the Permanent Court, can only be regarded as friendly actions. ...
... The Tribunal is authorized to declare its competence in interpreting the 'Compromis' as well as the other Treaties which may be invoked in the case, and in applying the principles of international law. ...