A Letter From The Publisher, Oct. 14, 1957

TWO years ago in New Orleans, business leaders of the Americas met under sponsorship of TIME-LIFE International to consider a problem of great moment to the free world: how to accelerate the flow of investment capital to areas in the Western Hemisphere where it would do the most good. The conference was so successful that TLI Director Edgar Baker began at once to plan a meeting focused on another geographical area. On a trip to Asia to test the idea on businessmen and bankers there, Baker found widespread interest.

Back home, he learned that...

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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