VI. The World Wars and the Interwar Period, 1914–1945 > K. World War II, 1939–1945 > 15. The Organization of Peace > 1944, April
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  The Encyclopedia of World History.  2001.
 
 
1944, April
 
A United Nations Organization for Educational and Cultural Reconstruction was proposed by the ministers of education, meeting in London.  1
 
July 1–22
 
A United Nations Monetary and Financial Conference (Bretton Woods Conference) met for three weeks. To improve world economic conditions, the delegates of the UN proposed to create an International Monetary Fund and an International Bank for Reconstruction and Development, the first with a credit of $8.8 billion, the second with a capital of $10 billion. The major purpose was to avert currency disorders and stabilize exchange rates, and the plans, worked out by the financial experts of 44 nations, were referred to the governments concerned for approval.  2
 
Sept. 16–26
 
The council of the United Nations Relief and Rehabilitation Administration held its second session, at Montreal. The allotment of $50 million to Italy, partly for medical supplies, marked the first extension of aid by the UN to a former enemy country. Plans were laid to provide for a budget of $11.5 million for 1945, by assessing member states.  3
 
Oct. 9
 
Dumbarton Oaks Conference. Delegates representing the U.S., the British Commonwealth, and the Soviet Union, after meeting from Aug. 21 to Sept. 27, published proposals for a permanent international organization to be known as the United Nations. The aim of the new society of nations was the preservation of world peace and security.  4
 
 
 
The Encyclopedia of World History, Sixth edition. Peter N. Stearns, general editor. Copyright © 2001 by Houghton Mifflin Company. Maps by Mary Reilly, copyright © 2001 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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