The Swedish inventor of dynamite, Alfred Bernhard Nobel, did not, strictly speaking, found and endow a "Peace Prize." Phrasemakers coined that term. It has come to suggest a shining award, fit only for such world-great champions as Theodore Roosevelt, who won it in 1906, or Woodrow Wilson, to whom it fell in 1918. Yet the words of M. Nobel are clear. What he founded and endowed was no simple "Peace Prize" but an award "for fraternization among nations and the abolition or reduction of standing armies and...
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