What is an arbitration agreement? This is usually a clause in a broader contract, in which you agree to settle disputes that arise with your counterpart through arbitration. Arbitration agreements are common in consumer and employment contracts, but can be offered to complement any contract negotiation in which one or both parties would like to exclude the possibility of future litigation. The question of arbitration opens a window into a bitter philosophical quarrel among American progressives. Some, led by Taft, saw judicial arbitration as the best alternative to war. Taft was an advocate of constitutional rights who later became chief justice; He had a deep understanding of legal issues. [28] Taft`s political base was the conservative business community, which largely supported peace policy movements before 1914. However, his mistake in this case was the failure to mobilize this base…