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Verbatim Records of the Economic and Social Council and the Trusteeship Council A resolution was recommended which took note that the Economic and Social Council had agreed for the present to dispense with verbatim records, and approved the report of the Advisory Committee regarding a modified form of verbatim reporting for the Trusteeship Council. Allowances from the Working Capital Fund After having examined the report of the Secretary-General on this subject, the Committee decided to recommend that the report be noted and that sums advanced from the Fund to meet expenses for financing the United Nations Conference on Trade and Employment should be borne by the United Nations. It also recommended that the SecretaryGeneral be authorized to make additional loans to the Interim Commission of the International Trade Organization and imposed conditions for the repayment of past and future loans. International Facilities for the Promotion of Training in Public A dministration The Committee recommended a resolution establishing an International Centre for Training in Public Administration under the direction of the United Nations. Detailed arrangements for such a centre are to be reported to the Economic and Social Council for consideration. The New Zealand delegation thought this proposal premature at the present time, particularly in view of the heavy burden on the Secretariat in fulfilling essential tasks in the political field and the fact that considerable facilities for training in this field already existed at the national level in many member countries. Transfer of the Assets of the League of Nations A resolution was agreed to establishing the procedure for crediting to former members of the League of Nations their share in the material assets of the League which have been taken over by the United Nations and for raising the funds payable as compensation for the assets. It was agreed that nine countries formerly members of the League who were not listed as beneficiaries under the Common Plan approved by the Assembly on 12 February, 1946, would be included as beneficiaries. New Zealand's credit under the plan is thereby reduced by a sum of $8,732-17 to a total of $173,507-07, which will be offset in fifteen equal annual instalments against the New Zealand assessment for contributions.

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