Treaty of Ancon in the Light of International Law

Cover Treaty of Ancon in the Light of International Law
Treaty of Ancon in the Light of International Law
Vctor Andrs Belande
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Fourth, the particular credits resulting from the expenses of public interest made in the annexed provinces. " — Traite de Droit International, 1907, p. 496.
In view of these principles, what happened after the approval of the treaty of Ancon by the apocry- phal assembly of 1884 was logical. The representa- tives of all the powers the subjects of which were creditors of Peru presented their protest against the 40 treaty in the most energetical manner. It was sur- prising that those protests wer
...e not followed by the pursuit of the mortgaged thing which Chile held, which pursuit international law recognized in ac- cordance with the second rule which we have transcribed. In any event, the fact of these protests and the terms in which they were conceived affirm our criterion concerning the monstrosity embodied in the eighth stipulation of the treaty of Ancon.
Chile was lucky enough to deviate the action to which the creditors of Peru were so clearly entitled. This country, after suffering the horrors of a war which in its later stages had been prolonged to avoid a new territorial mutilation and to secure the sub- sistence of the guaranty in favor of the creditors, had to assume, being exhausted and its entire economic life almost destroyed, the overwhelming weight of its foreign debt.


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