How was Ernesto Teodoro Moneta awarded the Nobel Prize Peace?

Name: Ernesto Teodoro Moneta.
Country: Italy.
Date of Birth: 20 September 1833.
Died: 10 February 1918.
President: Lombard League of Peace.
Noble Prize Year: Nobel Prize for Peace in 1903 for his work in the press and in peace meetings, both public and private, for an understanding between France and Italy.