Word: pusan
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Dates: during 1960-1969
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...members. Though many sidewalk stalls of black-marketeers have been closed down, Saigon still has a thriving trade in illicit Western luxury goods pilfered or bought from the huge stocks brought in by the U.S. Veterans of the Korean War are reminded of the vast theft-ridden port of Pusan. "The Koreans were really much better at this than the Vietnamese," says...
...steps in the perspective of years seem slight, sometimes frivolous. And prospects which at the beginning of conflict seemed easy and brilliant come to measure only the depth of the miscalculation. The case of men who in the last 30 years have planned expeditions against Moscow, Pearl Harbor and Pusan--not to mention Jerusalem and Tel Aviv--sufficiently establishes the point...
...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...
...viable nation. The 20,000 spindles and 150 looms of Lee's Cheil Wool Textile Industrial Co. Ltd. have not only halved the price of worsted goods for Koreans but have also helped the trade balance by sales to U.S. clothing manufacturers. Lee's sugar refinery at Pusan, started in 1953, provided the nation with a psychological lift because it was built at a time when the war with North Korea had left few businessmen willing to risk their capital on long-term investments. The urea-fertilizer plants, which will help make South Korea self-sufficient in fertilizer...
Death in the Hay. With a battalion of undertrained rookies, Johnson-still a lieutenant colonel after eight years-was assigned to the Pusan perimeter, where he moved into position as a reserve unit. The next day the Communists overran the front lines. Johnson's battalion fought like veterans-and held. Later, near Tabu-dong, Johnson himself led a counterattack to regain a key sector, earning the nation's second highest award, the Distinguished Service Cross, for "extraordinary heroism in action." As Lieut. Colonel George Allen of Fairfax, Va., then one of his platoon leaders, recalls the battle...