IV. ECONOMIC ASSISTANCE:                  
 
                                                            
 
 
V. WORLD ORGANIZATION: Mr. taylor expressed tha view that in the post-war   
period a real effort must be made to establish a world organization, for,   
with modern means of communication, the world has become small and no   
nation can safely separate itslef from the rest of the world. His   
Excellency suggested that this new world organization might be formed   
somewhat along the lines of the League of Nations, but with wider   
participation and with the necessary power to enforce its decisions. Mr.   
Taylor stressed the importance of  this power of enforcement, explaining   
that without it there is no assurance that any world organization will   
function properly or be able to to guarantee enduring peace or justice.   
cardinal Maglione, mentioning that the Laegue of Nations had, indeed,   
failed inits task, agreed that the solution of the great problem seems to   
lie in the direction of world organization and that some kind of an   
international police force might be the best guarantee, once a just and   
            equitable peace has been concluded.             
 
                                                            
 
 
VI. WORLD COURT: Considerable thought is being given too, Mr. Taylor   
said, to the eventual establishment of am international court, whcih   
could be caled upon to give an unbiased decision in the many minor   
disputes between antions- disputes which, because they are not settled,   
often lead to more violent disagreements and even to war. Cardinal   
               Maglione approved of the plan.               
 
***************************************************************************  
                                                            
 
 
I. CIANO:  
Ambassador Taylor suggested that His Eminence the Cardinal Secretary of   
State might ind occasion to convey to Count Ciano the expression of His   
                 Excellency's appreciation