Treaties — Termination of — Contracts of International Loans — Force majeure — Impossibility of Performance.

Arbitration — Estoppel.

Permanent Court of International Justice — Jurisdiction of — Article 34 of the Statute — International Disputes of a Private Law Origin — Loans Floated by States — Rules of Private International Law — Examination of Municipal Law by the Permanent Court — Authority of Decisions of Municipal Courts — The Doctrine of Estoppel — Force majeure.