About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

74 U. Pa. L. Rev. 155 (1925-1926)
Economic Sanctions and International Security

handle is hein.journals/pnlr74 and id is 175 raw text is: ECONOMIC SANCTIONS AND INTERNATIONAL SECURITY * Article 16 of the Covenant of the League of Nations pro- vides for the severance of commercial, financial, and personal relations between a covenant-breaking State and the other mem- ber States.' The proposed application of economic sanctions against a recalcitrant State represents the first step under inter- national agreement whereby the employment of economic pres- sure is to become a means of maintaining the peace of the world. The control of this powerful weapon rests finally with the Coun- cil of the League and its application calls for the rendering of mutual assistance by the member States in accordance with such plans as the Council may deem feasible. Failure of a State to observe its obligations under Articles 12 to 17, inclusive, of the Covenant opens the way to a consideration by the Council of the issues involved. Should the offending power continue in an unyielding mood the League will ultimately set in motion the ma- chinery for the application of economic pressure.2 *The security treaties recently signed at Locarno provide for Germany's entrance into the League of Nations and for German membership on the League Council. The signatory powers have accepted the view that the obligations which Germany shall assume under Article 16 of the Covenant are subject to the interpretation embodied in Article ii of the Geneva Protocol. It is considered that Germany as a member of the Council will have every opportunity of pro- tecting her special position if the problem of applying economic sanctions ever arose. The attitude of Great Britain or other leading powers towards the Protocol in no way affects their acceptance of the amendments or reservations attaching to Article 16. The machinery of applying economic measures, as out- lined in this study, has been set up by the League itself. The Protocol and the security treaties simply incorporate principles which the League is prepared to put into effect. 'The original Article i6 also provided that the Council recommend to the several Governments concerned what effective military, naval or air force the members of the League shall severally contribute to the armed forces to be used to protect the covenants of the League. The member States also agree to co-operate in applying financial and economic measures and to allow passage for the forces of any members thus co-operating in protecting the League covenants. Any member violating any such covenants may be declared no longer a member of the League. 2By Articles 12, 13 and 15 of the League Covenant the members agree to submit their disputes to arbitration or to inquiry by the Council. They agree not to go to war within three months after an award by the arbitrators or a, report by the Council has been made as well as to carry out the award in good faith. They commit themselves not to go to war with any member complying with such award or decision. The Council shall, in case further steps are (155)

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most