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
