Word: rice
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Dates: during 1970-1979
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...some 20 Congressmen. South Korean Rice Broker Tongsun Park was a well-heeled friend who entertained lavishly and contributed thousands of dollars to their election campaigns. To the Park Chung Hee regime in Seoul, Businessman Park (no kin to the autocratic President) was a wily influence peddler who over the past decade spent millions of dollars in Washington to head off threatened cutbacks in U.S. military aid or the withdrawal of American troops from South Korea. In fact, TIME has learned, federal investigators have turned up evidence that Park was a master swindler. In a scheme worthy of Terry...
Hanna and Gallagher will probably be called before Eraser's subcommittee or the Ethics Committee to talk about the Park connection. One likely subject: Did they-as Kim claims-help persuade the Korean government to give Park a monopoly on importing rice to Korea, which paid him commissions of up to $6 million...
...easygoing Laotians were shocked by the imposition of a six-day work week, capped by mandatory political indoctrination on Sundays. Small family farm plots were merged into large communes. Peasants, who never before had paid taxes, suddenly found themselves forced to turn over 8% to 30% of their rice crop to state warehouses. A census was taken of barnyard stocks, and peasants were warned that they could not eat any chicken-even those dying of natural causes-without permission from a local Communist cadre...
...Hiding Rice. Pressure by the Meo insurgents has closed Highway 4 from Paksane to Xieng Khouang and Highway 7 across the Plain of Jars. Highway 13 between Vang Vieng to Luang Prabang is so unsafe that government traffic can move only in armed convoys. South of Vientiane, Pathet Lao patrols, supported by the air force's nine T-28 fighter-bombers, manage to keep Highway 13 and Route 8 open during the day, but the Meo have full control after dark. In the south, at least 1,500 Royal Laotian army veterans and disgruntled peasants are carrying on another...
Family Pact. The struggle pits Hughes' first cousin, Houston Lawyer William Rice Lummis (pronounced Lumm-us), 48, against Chester Davis, 66, the Wall Street in-fighter who in 1973 finally won the twelve-year TWA antitrust suit for Hughes and became a major power within Summa. At stake is what remains of Hughes' fortune, estimated to have been as high as $1.8 billion in the late 1960s (excluding Hughes Aircraft Co.) but now assessed by Merrill Lynch, Pierce, Fenner & Smith at no more than $168 million. If no will is found, Lummis, who is the court-appointed temporary...