An effort to hold a congress was made by the governments of Chile and Colombia in 1880, " to the end that the settlement by arbitration of each and every international controversy should become a principle of American public law ".
2.
Commentary on the Convention noted the same issue with the language . " We therefore conclude that an agreement to arbitrate antitrust issues is not'an agreement within the meaning of'. . . the Convention because such an agreement does not concern'a subject matter capable of settlement by arbitration'", he concluded ."
3.
This was not one of those cases . " The precise question we ask, " he wrote, " is whether a matter that has been barred by unanimous judicial precedent for a decade and a half from resolution by arbitration, because of a multiplicity of solid reasons that lose no pertinence or weight in an international context, is a matter'capable of settlement by arbitration'".