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The Nobel Peace Prize is one of the five Nobel Prizes bequeathed by the Swedish industrialist and inventor Alfred Nobel. The awards were established in 1895 by the Swedish chemist Alfred Bernhard Nobel, the inventor of dynamite. There are more than 300 peace prizes in the world. None is in any way as well known and as highly respected as the Nobel Peace Prize.

When Alfred Nobel died on December 10, 1896, it was discovered that he had left a will, dated November 27, 1895, according to which most of his vast wealth was to be used for five prizes, including one for peace. The prize for peace was to be awarded to the person who "shall have done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding of peace congresses." The prize was to be awarded "by a committee of five persons to be elected by the Norwegian Storting."

While there was a great deal of controversy surrounding Nobel's will in Sweden and that of the role of the designated prize-awarding institutions, certainly including the fact that the rebellious Norwegians were to award the Peace Prize, the Norwegian Storting quickly accepted its role as awarder of the Nobel Peace Prize. On April 26, 1897, a month after it had received formal notification from the executors of the will, the Storting voted to accept the responsibility, more than a year before the designated Swedish bodies took similar action. It was to take three years of various legal actions before the first Nobel Prizes could actually be awarded.

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15y ago

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