TUESDAY, NOVEMBER Si 1963 THE MICHIGAN DAILY PA F. Ti. ZL ', :USANVME ,193T E MC I A lIL}A(I''~X~ rAkxr, 1J"Itr.h 1 Korea-Another South Viet Nam? By WILLIAM L. RYAN Associated Press Special Correspondent SEOUL-Korea generates a feel- ing of apprehension in an Ameri- can who has just seen South Viet Nam. He has a vague feeling that he may be watching the beginning of a rerun with geographical var- iations. Korea's present situation gen- erates uncertainty. A number of -~factors--including the govern- ment's vaguely stated ideas about how South Korea should develop -conceivably could blow the lid from a bubbling kettle of trouble. The result could be that the United States, for all its popular- ity among South Koreans and for Poll Indicates } GNP To Reach Record Level. Nearly 100 of the nation's top economists dpredicted a Gross Na- "tional Product for 1964 of $615.7 billion, providing there is no tax reduction. The prediction was made in a poll taken at the 11th annual Conference on the Economic Out- look. Last year the group of experts attending the conference fell short of the actual 1963 GNP of about $582.1 billion with a prediction of $569 billion. Other predictions made by the economists include: -Gross private domestic in- vestment: $83.7 billion with no tax cut and $86 billion with a cut, in comparison with a forecast in 1963 of $74.5 billion and an ac- tual figure of $81.6 billion. Consumer price index: 108.4. The 1963 forecast was 106.9; the actual figure 106.7. -Unemployment: 5.68 per cent with no tax cut and 5.35 per cent with a cut, compared to a 5.7 per cent prediction last year and actual 5.69 per cent. -Corporate profits before taxes: $53.2 billion with a tax cut, $52 billion without, in comparison to a $51 billion prediction in 1963 and $50.3 billion actual. all the billions invested in military and economic aid, could sustain a painful black eye. Hopes and Fears There is hope that South Korea can grope its wayout of a murk of frustration and economic- political confusion without sus- taining lasting injury. But re- peatedly one hears, from both Koreans and Americans, the words that "it all depends upon what Park does before Nov. 26 and after Dec. 17." Gen. Chung Hee Park is top man of a military junta which in 1961 overthrew an elected regime which had made a feeble attempt at representative government. Nov. 26 is the date for election of a 175-member House of Represen- tatives. Dec. 17 is the date the new government will be inaugur- ated. Park was elected its president by a narrow margin in October. Degeneration South Korea now is run by the Supreme Committee for National Reconstruction under Park's chair-I manship. It began in a burst of ideals and good intentions, and like most authoritarian regimes, gradually degenerated into repres- sion and financial scandals. It did many things that could be considered laudable. American officials applauded the results, though not always the methods.. If the Nov. 26 elections are dem- onstrably free, and if the inaugur- ation means easing of political repression, South Korea can es- cape an explosion. If not, unhappy North Korea bent on stirring trouble. Like Diem, Park became steadily less popular with the intellectual class. Paradoxically, while he was elected, narrowly, but what passed for a fairly free popular election in October, his now legitimized government suffers from a grow- ing degree of unpopularity, es- pecially in the capital.rMany seem to have voted for Park for rea- sons short of a conviction that he was a champion of representative government. Americans have contributed nearly $5.5 billion to military and economic aid for South Korea since 1945. The United States dead in the Korean War exceeded 20,- 000. Today Americans here are looking on nervously, with fingers crossed. As was the case before Diem was toppled in Viet Nam, one hears from Americans that "Park is the only man available' we have to work with." Concern About Aims There is concern about Park's political aims, which include ex- pressed admiration for Egypt's Gamal Abdel Nasser and Indo- nesia's Sukarno. Park's lieutenants say this doesn't mean he wants a system like either of those, but that he respects them for backig systems each believes suited for his own country. This implies that Park wants to institute a system he deems best for Koreans. Park calls his system by various names, including "administrative democracy" and "national democ- racy." World News Roundup By The Associated Press ATHENS-Elder statesman George Papandreou won a surprising personal election victory yesterday, and appeared headed toward the prime ministry, a job he held nearly two decades ago. Papandreou and his underdog Center party brought eight years of rightist government to an end in Greece with an upset victory in Sunday's ballotting. King Paul called him to Tatoi Palace yesterday for consultation and it appeared virtually certain that he would ask 75-year-old Papandreou then to form a government. S * * ROME-The Vatican has decided in principle to add women to the list of auditors or delegates attending an ecumenical council for the first time in history. References have been made recently BANLON SWEATERS Reg. $7.95 . . . Now $590 Now $490- Reg. $5.95 Rice 4 Smartest Hosiery Shoppe 539 E. Liberty-Mich.' Theatre Bldg. to the important part women play and there is a possibility that the- precedent may still be set during the present session. in the organized Catholic laity, CHUNG HEE PARK ... another Diem? parallels with South Viet Nam may appear. Like Ngo Dinh Diem, Park be- gan running South Korea with a large measure of popular senti- ment behind him. The elected government of President John M. Chang, which had succeeded the deposed Syngman Rhee, had be- come involved in confusion, chaos and rampant corruption. Division and Trouble Like Viet Nam, Korea is divided between non-Communist South and Communist North. There is no active war going on here but Communist agents swarm in from Coup To Affect U.S. Prestige WASHINGTON (P)-The United States is going to be credited or blamed for arranging South Viet Nam's sudden military coup, the Wall Street Journal reported re- cently. As a result, United States pres- tige and position will prosper or suffer according to the outcome. Some of the possible rewards hoped for are a speedier-than-ex- pected end to the fighting there, and a consequent end to the cost- ly and bloody United States mili- tary involvement. Also hoped for are prospects for a stable post- FLY to NEW YORK Thanksgiving (2 seats) and Christmas Holidays ROUND TRIP FARE $43 (includes many extras) Contact: Mr. Jay Gampel, 413 S. Division Apt. 1 NO 8-8141 war Viet Nam government capable Viet Nam while the insurgents of keeping the peace and contain- wrangle over who is ultimately to ing new Red threats. wield power. The United States Further, a favorable outcome in fears a dragged out war, which Viet Nam would strengthen the would result in a black eye for United States in its dealings with United States prestige and further other recalcitrant small-country encouragement to coup plotters in leaders in Southeast Asia or else- Latin America. where who might be unresponsive Few policy-makers are yet ready to United States noLicy aims. to bet heavily on how it will all Considerable Risks turn out. The reason is that the But the risks arising from the true nature of the new regime may swift and ruthless smashing of not be clear for weeks or months. the family-plan government of Many officials seem to feel that Ngo Dinh Diem by the armed the successor government could be forces Friday are considerable. no worse than its predecessor. Among them are the possible Promising Situation serious disruption of the anti- The fact that a Buddhist, Vice- Communist war effort in South President Nguyen Ngoc Tho, looks like the military candidate for civilian chief is seen as promising gRIbecause it could help ease the Diem repression against the coun- try's heavy Buddhist majority. FA IRleaders are promising most of the reforms Diem refused to institute-freedom of press and religion, an end to student arrests FRI. AND SAT. and other political terror, and res- toration of more harmonious re- lations with neighboring Cambo- dia. However, one serious cause for concern is the feeling that the rebels are starting off with a han- dicap-the fact that Diem and hisI brother Nhu were apparently bru- tally slain in the takeover. ivity Military Motives Also, the military makeup of the rebels reflects military motives. It is far from clear whether the mili- tary men will show much concern for the need to create a popular government when, or if, the Red guerrilla threat has been quashed. Although the initial instinct among top presidential advisors is to proceed with caution, it is e League expected that the United States will give quick diplomatic recog- nition to the new government, and the Union and League that economic aid will not be used as a lever, at least at the outset, on the new government. NEW YORK-Sen. Barry Gold- water (R-Ariz) is the runaway choice in a nationwide poll of Republican Presidential prefer- ences for 1964, taken by the As- sociated Press among Republican state and county leaders. ALBANY-Gov. Nelson A. Rock- efeller's formal declaration of candidacy for the Republican nomination for President will be made on Thursday, informed sources reported yesterday. 4 *' * LONDON-Moscow Radio yes- terday announced a major long- term trade agreement between the Soviet Union and Algeria, based on exchange of Soviet heavy equipment for Algerian food. NEW YORK-General Motors Corp. yesterday voted stockhold- ers a special year-end dividend of $1.50 a share on top of the regular quarterly dividend of 50 cents a share. This news, however, came too late to stop a late selling spree on the New York Stock Exchange. The final Dow-Jones averages showed 30 industrials down 4.51, 20 railroads down .72, 13 utilities down .65 and 65 stocks down 1.41. 10 *' t 44 AUSTIN DIAMOND CORPORATION 1209 South U. 663-7151 f f i i , Vf 312 S. Stoate 1203 S. University ................. P.N - - - - - - - - owasomw DON'T KNOW HOW TO PHRASE IT? Let our CONTEMPORARY CARDS do it for you! 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