What was the League's role in Corfu 1923?

The Invasion of Corfu was an example of Arbitration with the league. Most people today will say that it is a failed example of Arbitration, as the League ended up giving in to Mussolini, as Mussolini was able to play off the fears of the League, knowing that they would not use military force against him, since Mussolini's military was better and stronger than the one from other countries which were involved in the League. The result of this was that Greece had to pay 50 million lire to Italy, even though the ‘Greek assassins’ according to Albanian as well as Italian newspapers were never found ^[4]. In total there was a total of 16-20 deaths and 30-32 wounded civilians [1].