Lawrence Mee's Role
Lawrence Mee was to breathe new life into the Universal League. In 1973 Mee and his wife became co-workers at the head office of the World Esperanto Organization. The following year the Universal League selected a few faithful members to lead a renewal of the League in striving for peace through cooperation with the World Association for World Federation (now known as the World Federalist Movement) and the World Esperanto Association.
For two years they promoted development of the Stelo as an international currency. After long discussion they concluded that the Stelo should be revalued from a fourth of a guilder to a half-guilder. Further discussions led the Universal League to fix the value of the Stelo. Mee was later to write a significant and comprehensive essay on the development of the Stelo, "De stabiele munteenheid van de esperantisten: de stelo" ("The stable monetary unit of the Esperantists: the Stelo'"), which first appeared in the 2000 Yearbook of Europees Genootschap voor Munt- en Penningkunde, a federation of Dutch-language numismatic associations.
Read more about this topic: Stelo
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