Word: trusteeships
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...initiative, partly at Roosevelt's. At Yalta, there was no haggling about Stalin's price; he got all he asked, without argument. Roosevelt apparently welcomed the expansion of Russian power in the Western Pacific. Behind Churchill's back, Roosevelt offered Stalin participation in a Korean trusteeship from which Roosevelt proposed to exclude Britain; Stalin disdained the bait. Behind Chiang Kai-shek's back, Roosevelt gave Stalin his view of China's internal strife: "The fault lay more with the Kuomintang [Chiang's party] . . . than with the so-called Communists." Stalin did not argue...
Churchill exploded when the Big Three began to take up the U.S. idea of postwar trusteeships. "He did not agree with one word of the trusteeship report . . . Under no circumstances would he ever consent to 40 or 50 nations thrusting interfering fingers into the life's existence of the British Empire." Later Churchill said that the principles which had been incorporated in the Atlantic Charter were already in force throughout the British Empire. "I sent a copy of this interpretation to Wendell Willkie," he added...
...stock after reorganization (TIME, May 24). Last week a federal judge in St. Louis approved the compromise, directed bondholders, preferred and common stockholders to vote on it. But even after the tally is completed and MoPac is reorganized, Young still cannot vote his new shares. They must go into trusteeship, since ICC regulations bar him from voting stock in a competing railroad...
...Britain offered still a third plan. Although the British government recognized "changes of conditions and atmosphere" in the Far East, it accepted the Russian argument, in effect, and agreed that Red China should eventually receive Formosa under the Cairo agreements. For the immediate future, however, Britain suggested a UN Trusteeship over Formosa...
...when the Arab-Israeli war was coming to a boil, Henderson advocated a U.N. trusteeship for Israel. He was unfairly accused of anti-Semitism (Walter Winchell yowled that he was the tool of the big oil interests because the Arabian American Oil Co. had air-conditioned his apartment). When the U.S. recognized Israel, Henderson once more became an embarrassment and was shipped out as Ambassador to India. He and Pandit Nehru quickly developed a keen mutual dislike for each other...