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- 26 - 27 treaty draft to the other countries. By the end of March 1951 Dulles and his staff had circulated a draft to the 28 FEC countries and other interested nations. This draft, 9 brief document (in terms of its recent historical counter- part) of twenty-two articles, revealed no significant changes in U.S. policy as compared to the November 1950 seven-point statement and to earlier drafts prepared within the Department of State. Japan renounced all rights and claims with regard to Korea, Formosa, the Pescadores, its League of Nations mandates, Southern Sakhalin and the Kurilo Islands; it did not renounce its formal sovereignty over the Ryukyu and Bonin Islands but agreed to support any U. S. proposal to place these islands under United Nations trusteeship, with the United States as dminister- ing authority, and in the interim granted the U. s. complete control over them. The right of Japan to enter into collective security arrangements was recognized by the Allies, but no specific mention was made of a U. S. - Japan security agreement. Each of the Allied powers wa3 granted S. the right to revive such prewar bilateral treaties with THOMAS Japan as it wished, provided that they did not conflict U.S. SECCROS AND SERVICES with the provisions of the peace treaty. Japan agreed to accord most-favored nation treatment to the goods of each of the Allied powers on condition of reciprocal treat- ment for a maximum of three years after the coming into force of the treaty, pending the conclusion of normal

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    "ocrText": "- 26 -\n27\ntreaty draft to the other countries.\nBy the end of March\n1951 Dulles and his staff had circulated a draft to the\n28\nFEC countries and other interested nations. This draft,\n9 brief document (in terms of its recent historical counter-\npart) of twenty-two articles, revealed no significant\nchanges in U.S. policy as compared to the November 1950\nseven-point statement and to earlier drafts prepared\nwithin the Department of State. Japan renounced all rights\nand claims with regard to Korea, Formosa, the Pescadores,\nits League of Nations mandates, Southern Sakhalin and the\nKurilo Islands; it did not renounce its formal sovereignty\nover the Ryukyu and Bonin Islands but agreed to support\nany U. S. proposal to place these islands under United\nNations trusteeship, with the United States as dminister-\ning authority, and in the interim granted the U. s. complete\ncontrol over them. The right of Japan to enter into\ncollective security arrangements was recognized by the\nAllies, but no specific mention was made of a U. S. - Japan\nsecurity agreement. Each of the Allied powers wa3 granted\nS.\nthe right to revive such prewar bilateral treaties with\nTHOMAS\nJapan as it wished, provided that they did not conflict\nU.S.\nSECCROS\nAND\nSERVICES\nwith the provisions of the peace treaty. Japan agreed\nto accord most-favored nation treatment to the goods of\neach of the Allied powers on condition of reciprocal treat-\nment for a maximum of three years after the coming into\nforce of the treaty, pending the conclusion of normal"
}