A theory of magnetic short-range order for high-ir, cuprates is presen
ted on the basis of the one-band t-t'-Hubbard model combining the four
-field slave-boson functional integral technique with the Bethe cluste
r method. The groundstate phase diagram evaluated self-consistently at
the saddle-point and pair-approximation levels shows the experimental
ly observed suppression of magnetic long-range order in the favour of
a paraphase with antiferromagnetic short-range order. In this phase th
e uniform static spin susceptibility consists of interrelated itineran
t and local parts and increases upon doping up to the transition to th
e Pauli paraphase. Using realistic values of the Hubbard interaction w
e obtain the cusp position and the doping dependence of the zero-tempe
rature susceptibility in reasonable agreement with experiments on La2-
deltaSrdeltaCuO4.