Suggests Arbitration.

New York Times 100 years ago today, July 12, 1912:
That the Natural Solution of Problem, Says The London Times.
Special Cable to The New York Times.
    LONDON, Friday, July 12.—The London Times says editorially this morning that it is glad to learn that friendly communications are passing between Great Britain and the United States with reference to the Panama bill. It does not believe there is anything in the discussion that will not be settled by a friendly conference, and thinks the British Government is well advised to ask consideration for its views at once. It goes on:
    "The amicable settlement in recent times of all outstanding questions between the empire and the republic is surely a convincing sign that this new problem will be solved in the same way.
    "If diplomacy, should find it too complex, we can always take it, like our ancient controversy over the Atlantic fisheries, to the arbitration tribunal at The Hague, falling other methods. Such a solution would be welcomed as readily by Canada and the other Dominions as by ourselves, and would be a fitting testimony to the sincerity of the celebrations of 100 years of peace between the empire and the republic which are being planned for 1914. The Morning Post, commenting editorially on the same subject, hopes that the British Government will stand firm in defense of the shipping interests of the empire.