International: Unums

In its career as schoolmaster to the world, the United Nations Educational, Scientific, and Cultural Organization early discovered that ideas could transcend almost anything but foreign exchange. In those days, even with UNESCO's help, a student in a soft-currency nation who wanted to sample hard-currency wisdom in printed form had to negotiate with a staggering array of government agencies, import license bureaus, customs men and international bankers. Four years ago UNESCO tried printing exchangeable coupons, but found itself still hamstrung by the differing currencies of its member nations.

Last week UNESCO began printing...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!