Page 38from FO 371 110691 - Atomic Energy

The article reports on a British proposal to establish a new international authority for atomic energy, which was informally submitted during preliminary Anglo-American discussions on President Eisenhower's plan. The proposed authority would have a constitution modeled after the International Bank for Reconstruction and Development (World Bank) and would operate as a specialized agency within the United Nations. Countries producing uranium or fissionable materials would contribute them for free, but the authority would not finance individual projects. Safeguards against misuse of materials and sanctions for rule violators are suggested.

Contrary to earlier ideas, American officials indicate that their own plan will not be presented to the Disarmament Commission but should ultimately be submitted to the Economic and Social Council, similar to the technical aid program. There are similarities between the British and American proposals.