The United Nations replaced the League of Nations, which was established after the end of World War I, or The Great War. Despite being initially proposed by President Woodrow Wilson, the U.S.A. did not join the League, which subsequently splintered in the '30s in the years leading up to World War II.
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The United Nations replaced the League of Nations.
The League, created to avert war, saw itself fail as the world sled towards World War II.
Seeing the future, the League of Nation's Assembly transfered enough power to its Secretary General to enable the League to continue. The Palace of Peace lay empty for six years.
By the Tehran Conference, it was clear that a new body was necessary, without many of the League's weaknesses. It was agreed to create the United Nations.
On the 12th of April, 1946, 34 lonely delegates met in Geneva to dissolve the League. At that time it had assets of $22,000,000, including the Palace of Peace and their entire archives, which were transfered to the United Nations. The League of Nations returned reserve funds to its member states, and settled their debts.
On April 19th, 1946, the President of the Assembly, Carl J. Hambro of Norway, declared "the twenty-first and last session of the General Assembly of the League of Nations closed." It ceased to be, on the 20th.