The International Conference on the Economic Aspects of Disarmament, meeting in Oslo5, heard from a survey prepared for it that 180 billion dollars are being spent annually on arms. Each atomic submarine costs approximately 160 million dollars and the latest supersonic fighter planes are priced at several millions of dollars. A Polaris nuclear-powered submarine costs 200 million dollars.
UNICEF, together with all those engaged in the struggle for social betterment and the raising of standards of living, the governments, the organizations, and individuals who have understood its purposes and provided moral and material support, has the formula to put life and substance into the words of the Declaration.