On Tues. 12 Mar 1940 At 0900 hours, Finnish President Kyösti Kallio.....

At 0900 hours, Finnish President Kyösti Kallio authorized his delegates in Moscow full powers to negotiate peace terms. Soviet representatives had drafted a document dated today, ready for the Finnish delegation to sign. The document called for Finland to give up 35,000 square kilometers of territory to Russia, which constituted about 10% of the country, including Salla, the Karelian Isthmus, and Ladoga Karelia, housing about 12% of the entire Finnish population. The Hanko Peninsula was also forced to be leased to the Soviets for 30 years for use as a military base

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