Word: chungli
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...More than 250,000 people lined the sandy banks along the Susongchon River north of Pusan. "We should not delay the national task of modernizing Korea," President Chung Hee Park, 49, told them. "If we stop working now, Korea will waste another 20 years catching up." One hundred fifty miles away in Seoul, Old Campaigner and ex-President (1960-62) Posun Yun, 69, stirred another crowd of 250,000 by warning that Park's economic policies were wrecking the country. What is more, Yun charged, Park's government was "sick with corruption, irregularities and dictatorial authoritarianism...
...chosen few to whom Rhee doled out, at the low official exchange rate, precious U.S. dollars that had been acquired by sales of valuable tungsten. For his profitable dealings in "tungsten dollars," Lee was branded an "illicit profiteer" when Rhee was overthrown in 1961 by Chung Hee Park. He fled to Japan, returned to Korea and resumed operations after Park decided he needed Lee's ability and overseas business contacts to help modernize South Korea. Lee was forced to pay $4,400,000 in back income taxes and tax-evasion penalties, and his shares in three banks were confiscated...
Winning the West. Under President Chung Hee Park's six-year-old government, South Korea is constructing a political and economic base that is the envy of its Asian friends. Factories and homes are sprouting in Seoul (pop. 3,700,000) and other cities. New roads are piercing deep into the harsh hills of the interior. "When we hammered in the spikes for a new railroad recently," said Deputy Prime Minister Key Young Chang last week, "I was reminded of American cowboy movies and the winning of the West...
...sent 10,000 engineers and 46,000 battle-shrewd "ROK" (Republic of Korea) troops. Through the Asian Pacific Council, it plays a leading role in promoting regional cooperation. Next week President Park will receive a U.S. economic mission, and South Korea's Prime Minister II Kwon Chung will be in Washington discussing Korean and Viet Nam development with President Johnson. Chung will ask for U.S. financial aid to enlarge Korea's engineering corps in South Viet Nam to as many as 50,000 men, have them undertake an intensive program of building schools, bridges and roads within Korea...
Screaming and blowing whistles, the North Vietnamese blasted their way through the wire with bangalore torpedoes, then rushed in with flamethrowers. Korean Captain Chung Kyong Gin, 32, swiftly sent two squads to plug the holes in the wire, then set his men loose to kill the Reds trapped inside the perimeter. It was knife to knife and hand to hand-and in that sort of fighting the Koreans, with their deadly tae kwon do (a form of karate), are unbeatable. When the action stopped shortly after dawn, 104 enemy bodies lay within the wire, many of them eviscerated or brained...