Though the award was a compromise, Chile was the actual gainer in territory.
By their treaties of 1902 both republics declared their intention to uphold the principle of arbitration and to refrain from interfering in each other's affairs along their respective coasts.

They also agreed upon a limitation of armaments--the sole example on record of a realization of the purpose of the First Hague Conference.

To commemorate still further their international accord, in 1904 they erected on the summit of the Uspallata Pass, over which San Martin had crossed with his army of liberation in 1817, a bronze statue of Christ the Redeemer.
There, amid the snow-capped peaks of the giant Andes, one may read inscribed upon the pedestal: "Sooner shall these mountains crumble to dust than Argentinos and Chileans break the peace which at the feet of Christ the Redeemer they have sworn to maintain!" Nor has the peace been broken.
Though hostilities with Argentina had thus been averted, Chile had experienced within its own frontiers the most serious revolution it had known in sixty years.

The struggle was not one of partisan chieftains or political groups but a genuine contest to determine which of two theories of government should prevail--the presidential or the parliamentary, a presidential autocracy with the spread of real democracy or a congressional oligarchy based on the existing order.

The sincerity and public spirit of both contestants helped to lend dignity to the conflict.
Jose Manuel Balmaceda, a man of marked ability, who became President in 1886, had devoted much of his political life to urging an enlargement of the executive power, a greater freedom to municipalities in the management of their local affairs, and a broadening of the suffrage.
He had even advocated a separation of Church and State.