m that such territorial readjustments, if any, as may in the future
become necessary by reason of changes in present racial conditions and
aspirations or present social and political relationships, pursuant to
the principle of self-determination, and also such territorial
readjustments as may in the judgment of three fourths of the Delegates
be demanded by the welfare and manifest interest of the peoples
concerned, may be effected if agreeable to those peoples; and that
territorial changes may in equity involve material compensation. The
Contracting Powers accept without reservation the principle that the
peace of the world is superior in importance to every question of
political jurisdiction or boundary.

ARTICLE IV

The Contracting Powers recognize the principle that the establishment
and maintenance of peace will require the reduction of national
armaments to the lowest point consistent with domestic safety and the
enforcement by common action of international obligations; and the
Delegates are directed to formulate at once plans by which such a
reduction may be brought about. The plan so formulated shall be binding
when, and only when, unanimously approved by the Governments signatory
to this Covenant.

As the basis for such a reduction of armaments, all the Powers
subscribing to the Treaty of Peace of which this Covenant constitutes a
part hereby agree to abolish conscription and all other forms of
compulsory military service, and also agree that their future forces of
defence and of international action shall consist of militia or
volunteers, whose numbers and methods of training shall be fixed, after
expert inquiry, by the agreements with regard to the reduction of
armaments referred to in the last preceding paragraph.

The Body of Delegates shall also determine for the consideration and
action of the several governments what direct military equipment and
armament is fair and reasonable in proportion to the scale of forces
laid down in the programme of disarmament; and these limits, when
adopted, shall not be exceeded without the permission of the Body of
Delegates.

The Contracting Powers further agree that munitions and implements of
war shall not be manufactured by private enterprise or for private
profit, and that there shall be full and frank publicity as to all
national armaments and military or naval programmes.

ARTICLE V

The Contracting Powers jointly and severally agree that, should disput