JAPANESE TREATY TERMS

P: Japan becomes a fully sovereign nation with power to rearm or develop its economy as it pleases.

P: Japan accepts the obligations of the U.N. Charter, is eligible for U.N. membership.

P: The occupation of Japan ends 90 days after the treaty goes into effect, but the U.S. will sign a separate agreement to permit its forces to keep air, sea and land bases in Japan.

P: The treaty recognizes that Japan should pay reparations, but it also recognizes that Japan cannot at present pay in cash or materials without wrecking its economy. Therefore, Japan will give reparations through labor. Under this plan, former enemy countries may send raw materials to Japan to be processed, free of charge.

P: Japan renounces its claims to Formosa (now held by the Chinese Nationalists), Korea, the Kurile Islands and South Sakhalin (Russia got both at Yalta), the 623 islands of the Caroline, Mariana and Marshall chain (now controlled by the U.S. under U.N. trusteeship), and the Bonin and Ryukyu Islands, including Okinawa, now an important U.S. air base.

P: The provisions of the Potsdam Proclamation ordering the return of Japanese prisoners to their homes will be carried out. This new paragraph, added to the final draft in August, opens the way for Japan to demand return of some 77,000 prisoners whom it claims Russia still holds.

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