PROPOSAL TO SELL SCRAP IRON TO FINANCE PROPAGANDA ACTIVITIES OF THE REPUBLIC OF KORES IN THE UNITED STATES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R002300740008-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 16, 2016
• Document Release Date: April 7, 2000
• Sequence Number: 8
• Publication Date: February 15, 1949
• Content Type: REPORT

FORM NO. 51-4A
SEPT.1948
Approve e_ease ...~ i~,, I; A-AQ?P82-004?7 2Aj
INFORMATION 'REPORT
COUNTRY Korea/Japan
SUBJECT Proposal to Sell Scrap Iron to Finance Propaganda
Activities of the Republic of Korea in the
United States
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO.
In a confidential Lett~r to President Rf Syngman, dated 1 January 1949,
Dr. Henry De Young, Spt,cial Representative to SCAP from the-Republic of
Korea, proposed that Mr. CH'OE Ho ( ,c) of the Kong Saeng Company
( } ), Seoul be given official permission for the purchase
oStates
and resale in the United
would go to the support.
25X1A ;omment. The location and quantity of scrap iron to be purchased
were not mentioned in Dr. De:,Young's letter; the scrap iron will presumably
come from Japan.)
2. De Young averred that the "right kind" of publicity in America is of
primary importance, and that the profit of "over a million dollars, WWII
mig~tb?'Ie realized through disposition of the scrap iron stocks, would
se a to bolster the propaganda program.
NAVY NSRB DISTRIBU I ION
J_j FBI
AIR
CD NO.
g DISTR. 15 Feb 194$
NO. OF PAGES I