The Economic and Financial Organization was the largest of the technical arms of the League of Nations, and the world's first international organization dedicated to promoting economic and monetary co-operation. It took shape in the early 1920s and was in activity until the creation of the United Nations in 1945. It has been described as having had seminal influence on postwar economic institutions, notably the International Monetary Fund (IMF).
The Palais Wilson in Geneva, where the Economic and Financial Organization staff worked from 1920 to 1936[citation needed]
Arthur Salter was the head of the EFO during its heyday from 1922 to 1931
Jean Monnet was the main architect of the League's loan framework pioneered with Austria in 1922-1923
A.R. Zimmerman, previously mayor of Rotterdam, was the League's Commissioner-General in Austria
The League of Nations was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. It was founded on 10 January 1920 by the Paris Peace Conference that ended the First World War. The main organization ceased operations on 18 April 1946 when many of its components were relocated into the new United Nations. As the template for modern global governance, the League profoundly shaped the modern world.
The 1864 Geneva Convention, one of the earliest formulations of written international law
Lord Bryce, one of the earliest advocates for a League of Nations
Jan Smuts helped to draft the Covenant of the League of Nations.
The League to Enforce Peace published this full-page promotion in The New York Times on Christmas Day 1918. It resolved that the League "should ensure peace by eliminating causes of dissension, by deciding controversies by peaceable means, and by uniting the potential force of all the members as a standing menace against any nation that seeks to upset the peace of the world".