I. That the United States shall immediately enter the Permanent Court of International Justice, under the conditions stated by Secretary Hughes and President Harding in February, 1923.
II. That without becoming a member of the league of nations as at present constituted, the United States shall offer to extend its present co-operation with the league and participate in the work of the league as a body of mutual counsel under conditions which.
1. Substitute moral force and public opinion for the military and economic force originally implied in Article X and XVI.
2. Safeguard the Monroe doctrine.
3. Accept the fact that the United States will assume no obligations under the treaty of Versailles except by act of congress.
4. Propose that membership in the league should be opened to all nations.
5. Provide for the continuing development of international law.