to: PERIOD woULD PROVICE FCR THE GRADUAL PHASING OUT OF , TRE ! CURRENT ~ GOVIRNHENT AND THE ORCERLY ASSUMPTION OF EXECUTIVE POWER BY THE NEW GOVE FRAMEKT « PAGE SIX RUHGSAA4595 UNCLAS "DISCUSSION OF FINANCE DID NCT PROCEED EEYOND PRELIMINARY STAGES. Tnt UITED STATES DELEGATION DID NOT BELIEVE DETAILED DISCUSSION OF THE LEVEL UF SUPPORT AND COMPENSATION TO BE GRANTED MICRONESIA BY THE UNITED STATES OULD BE APPROPRIATE AT THIS STAGE OF NEGOTIATICNS. MICFONCSIAN DELEGATION PROPOSED THAT THE FINANCING FURNISHED EY UNITED STATES NIGHT BE DIVIDED INTO FOUR BASIC AREASe "ONES THE THE THESE were: THE CONTINUING ECONGMIC SUPPORT TO BE PROVIRED MICRGNESTA DURING ITS TRANSITION FROM TRUSTEESHIP TO ECONOMIC INDEPENDENCE « "TwO? COMPENSATION FOR THE AGREEMENT BY MICRONESIA TO DENY THE USE OF ITS LAND AND WATERS TO MILITARY FORCES OF ANY NATION OTHER THAN THe UNITED STATESe "THREE: PAYMENT FOR THE CONTINUING ‘RIGHT TO USE SPECIFIED LAID AND WATERS FOR UeSe MILITARY BASES AND OPERATIONS» AND"FOURS PAYSENT FOR ‘Oepartment of Energy Historian’s Office ARCHIVES SPECIFIC RENTALS FOR WILITARY USE OF LAND AND 7 TERRITORIAL WATERS+ AND OPTIONS ON SPECIFIC LAND AND TERRITORIAL WATERS a BT #2602 ae NANA. 5002532