THE NETHERLANDS: Waterler Prize

To the Government of Her Majesty Queen Wilhelmina the sum of more than half a million florins ($220,000) was left by Her Majesty's loyal subject Banker Johan Gerard Daniel Waterler with two stipulations:

1) If the Royal Government "should not find itself in a suitable position" to award the income from this money each year as a Peace Prize it should entrust the task to the Dutch-appointed directorate of the Palace of Peace (Carnegie Peace Foundation) at The Hague.

2) No matter who should make the award, every other Waterler Peace Prize must go...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!