'It seems good to the Lacedaemonians and to the Argives to make peace and alliance1
for fifty years on the following conditions:—
'I. They shall submit to arbitration on fair and equal terms, according to their ancestral customs.
'II. The other cities of Peloponnesus shall participate in the peace and alliance, and shall be independent and their own masters, retaining their own territory and submitting to arbitration on fair and equal terms, according to their ancestral customs.
'III. All the allies of the Lacedaemonians outside Peloponnesus shall share in the same terms as the Lacedaemonians, and the allies of the Argives shall be in the same position as the Argives, and shall retain their present territory.
If it shall be necessary to make an expedition in common against any place, the Lacedaemonians and the Argives shall consult together and fix the share in the war which may be equitably borne by the allies.
'V. If any of the states, either within or without Peloponnesus,2
have a dispute about a frontier, or any other matter, the difference shall be duly settled. But should a quarrel break out between two of the allied cities, they shall appeal to some state which both the cities deem to be impartial.
'VI. Justice shall be administered to the individual citizens of each state according to their ancestral customs.'