• Short Summary

    SOUTH KOREA'S LEADER, MAJOR-GENERAL PAK CHUNG HI, PROMISED JULY 16 TO RELAX STRINGENT ECONOMIC MEASURES IN AN ATTEMPT TO OVERDONE THE COUNTRY'S BUSINESS SLUMP.

  • Description

    1.
    GV EXT..BUILDING.
    0.05

    2.
    LV. CONFERENCE IN PROGRESS.
    0.07

    3.
    SV. PAK ADDRESSES
    0.11

    4.
    STV. PRESSMEN.
    0.14

    5.
    SCU. PAK
    0.19

    6.
    CU. PAK.
    0.26

    7.
    SV PRESSMEN.
    0.29

    8.
    SV. PRESSMEN.
    0.32



    Initials JRG/S/PB JRG/S/MR/MMcG



    Script is copyright Reuters Limited. All rights reserved

    Background: SOUTH KOREA'S LEADER, MAJOR-GENERAL PAK CHUNG HI, PROMISED JULY 16 TO RELAX STRINGENT ECONOMIC MEASURES IN AN ATTEMPT TO OVERDONE THE COUNTRY'S BUSINESS SLUMP.

    GENERAL PAK, IN A STATEMENT, SAID HIS MILITARY REGIME'S MEASURES TO PUNISH SO-CALLED ILLEGAL PROFITEERS, HOLD DOWN PRICES AND FREEZE CAPITAL NAO RESULTED IN A "STAGNANCY OF ECONOMIC ACTIVITIES".

    HIS NEW POLICY INCLUDES MASSIVE PUBLIC WORKS TO BE UNDERTAKEN IN CITIES, AND MOVEMENT OF URBAN POPULATIONS TO RURAL AREAS TO ALLEVIATE UNEMPLOYMENT. GOVERNMENT FUNDS AND BANK LOANS ARE TO BE RELEASED TO BUSINESSMEN AND FARMERS.

  • Tags

  • Data

    Film ID:
    VLVAQ4E6K3922DJAD9WM8Z9D2KUG
    Media URN:
    VLVAQ4E6K3922DJAD9WM8Z9D2KUG
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    17/07/1961
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:33:00
    Time in/Out:
    /
    Canister:
    N/A

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