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                                      II
 
                    Economic Development
 
 
     1.  The economic development of dependent terri-
tories should be conducted in a manner which will
safeguard and promote the interests of the inhabitants
and give due consideration to the interests of the 
world at large.  To this end all authorities responsible
for the administration of dependent territories should:
 
     (a)   Promote rational use of resources, with such
             diversification of production and distribu-
             tion as may best serve that purpose; and
             make available to all peoples without dis-
             crimination, but with due regard to the 
             rights and interests of the dependent peoples
             and to the requirements of world security and
             peace, the resources, products, and economic
             opportunities of dependent territories;
 
     (b)   Protect dependent peoples against loss of
             their lands and occupations; assist them to
             become progressively competent to manage
             their own economic affairs, subject only
             to the requirements of a sound international
             economy; and aid them to participate on fair
             terms in world development.
 
     2.   The administration authorities in each terri-
tories should apply, as far as practicable, the provisions
of all generally accepted international agreements wherein
principles of equality of commercial treatment, of free-
dom of transit and navigation, or of similar practices
are affirmed or elaborated.
 
                                                     III Social