TREATIES: Enlightened Peace for Japan

John Foster Dulles, in charge of drafting a peace treaty with Japan, last week outlined a "peace of reconciliation" which promised to be a great act of U.S. statesmanship. The main terms:

Territory: Japan will renounce all claims to Korea, Formosa, the Pescadores and Antarctic area. U.N.-U.S. trusteeship may continue in the Ryukyu and Bonin Islands. The Yalta cession to Russia of the southern Sakhalin and the Kurile Islands will be recognized as permanent only if Russia signs the treaty as a whole.

Economics: There will be no major reparations either from capital goods or from current production, because the Japanese...

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!