International: THE FIRST FIVE

Published in Washington last week were the official texts, in three languages, of World War II's first five peace treaties — with Italy, Hungary, Bulgaria, Rumania and Finland. They will be formally signed at Paris on Feb. 10 and go into force when ratified by the major powers. Even after 16 months' debate, the treaties were not complete; some clauses, like the proviso that "navigation on the Danube shall be free and open," need further negotiation before they can be implemented. The treaty highlights:


Reparations $360,000,000

Arms Limitations

Territorial Losses

Army, 185,000'; carabinieri,...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!