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...said the UN must have a new system of representation instead of the present one-delegate-to-a-nation system, a new veto-less executive cabinet to replace the Security Council, a new judiciary system which can judge individual responsibility instead of national, and revised international police and trusteeship...

Author: NO WRITER ATTRIBUTED | Title: Meyer Sees a Political Union Of World in Our Generation | 10/6/1949 | See Source »

...week estimated the loss to investors at $18 million. For $25 million collected from the sale of stock, dealer franchises and auto accessories, the auditors could find assets of only $7 million-just half the amount listed by Preston Tucker and company directors when they petitioned the court for trusteeship last March. Where the $18 million had gone was a mystery. The auditors held that a "further investigation" was needed because "certain expenditures [were] of such an extraordinary type and amount...

Author: /time Magazine | Title: Business & Finance: $18 Million Mystery | 9/5/1949 | See Source »

...Communists would emerge as the dominant group." The U.S. did more than ignore Wedemeyer's recommendations. It suppressed release of his report until last week. In releasing it, Dean Acheson gave the Administration's astonishing reason for suppression: Wedemeyer had recommended that Manchuria be placed under U.N. trusteeship, and that would have disturbed the Nationalist government. At the time, Manchuria was almost completely in the hands of the conquering Communists...

Author: /time Magazine | Title: FOREIGN RELATIONS: Petition in Bankruptcy | 8/15/1949 | See Source »

...White House reporters Bunche gave two tactful reasons: he felt his U.N. job (as director of the trusteeship department) was important; he could not afford to take a salary cut from his tax-free $14,000 at U.N. to a taxable $10,000 as an Assistant Secretary of State...

Author: /time Magazine | Title: THE ADMINISTRATION: No Thanks | 6/6/1949 | See Source »

...with Franco Spain*; the Dutch-Indonesian dispute; and the disposition of the former Italian colonies. In the Political Committee, the Russians promptly made a grab for partial control of the Italian colonies. The U.S. (backed by Britain) wanted to give part of Eritrea to Ethiopia, proposed giving Britain U.N. trusteeship over Cyrenaica, and Italy trusteeship over Italian Somaliland. The U.S. and Britain, rasped Russia's Andrei Gromyko, were trying to divide up the colonies "as if they were sitting at a table drinking champagne." He demanded a joint U.N. trusteeship (in which the Russians would participate...

Author: /time Magazine | Title: UNITED NATIONS: Voice of Conscience | 4/18/1949 | See Source »

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