Word: paik
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Finance Minister Paik To Chin, poised and confident in a neat brown business suit, thought he had the Assembly exactly where he wanted it. Then the Assembly threw its bombshell: practically all existing won, it decided, should be convertible into hwan. Rather than have any part of their own private funds blocked, many Assemblymen were prepared to wreck the government's chances of curbing inflation...
...toast, coffee, ham & eggs, after which the President likes to walk his Chin-do dog through the garden. He then goes through the newspapers with his secretary and scans reports from his embassies and ministries. Last week he received a letter written in blood purporting to be Acting Premier Paik To Chin's confession that he was a Communist. Rhee spotted the letter as a fraud, and investigation disclosed that it had been written in chicken blood by the madame of a Seoul tea house at the instigation of one of Paik's enemies. No detail...
Government, as Rhee practices it, is almost a one-man job. He has a few trusted cabinet ministers, such as Acting Premier Paik To Chin and Information Minister Clarence Ryee. Below them are a number of lesser ministers and government officials who cautiously conform to Rhee's wishes. Government favors can be obtained only through Rhee and this circle of his intimates. All foreign exchange allocations for more than $500, for example, must be personally approved by Rhee. Imposed to ensure the strictest honesty in government operations, this control has its drawbacks: important decisions inevitably await the President...
Stocky, sharp-faced Journalist Paik Chung Muk, 38, is foreign-educated (Japan and Germany) and possessor of a biting intellectual intensity. Said he: "I read every work Harold Laski wrote. I worshiped him for years. Then I realized I was wrong. Now I am back on more solid ground." What had wrought the change? Paik downed the equivalent of half a jigger of Four Roses whisky from a cracked porcelain cup, chased it with a handful of warm pine nuts, and went on: "Many of my former friends are now with the Communists in the north. I almost went with...
...Enough to Start With." Paik brushed away a strand of black hair from his forehead. He said: "I have talked with more Americans in the last two years than I thought I would see in my lifetime. Now I know that your greatest crime, in terms of political expectations from us, is impatience. You want too much too quickly...