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1. The Govenant of the League off Nations should
Be terminated as of the date the protocol becomes
effective.
2. The continuing functions of the League, with
exception of those related to the Permanent
Court of International Justice, should be trans-
ferred to the new organization, subject to the
provisions of the charter of the new interna-
tional organization.
3. All archives and records of the League should
be transferred to the new organization.
4. All the rights, titles, and interests of the
League in property of any kind should be
transferred to the new international organiza-
tion, subject to the fulfillment of existing
obligations and commitments.
5. The protocol should be open for signature by all
members of the League.
6. The protocol, after ratification by at least all
those states members of the League who would
become, initial members of the new organization,
should become effective as between the parties at
the moment of entry into force of the basic
instrument of the new organization. These
parties should thereupon. Proceed with the
liquidation of the League.
The suggestion of such a protocol assumes that in the
absence of any provision in the Covenant providing for its
own termination, common consent or a general consensus,
and not unanimous consent, is adequate to the purpose.
It would be desirable, nevertheless, to secure
unanimous consent if possible. Every effort to that
end should be made. Among the states members of the
League but which would not at the outset become members
of the Organization are three enemy states, Bulgaria,
Finland, and Thailand, and two states not now represented
by recognized governments, Albania and Austria, which
would