Letter from Syngman Rhee translated into Russian. The original was likely found when the Communists seized Seoul. Syngman Rhee urges Oliver to come to South Korea to help develop the nation independent of foreign invaders and restore order to his country.

General Taylor emphasizes the important contributions the Korean National Railway has made toward the military effort and rehabilitation of the Korean civil economy. He informs Rhee that the US will soon reduce its rail supervisory personnel and the Korean government will now have to support and secure the future of the railway-including the new repair and replace program- to help maintain operation after the war.

Ambassadors Gleysteen and Miller discuss relations between North Korea and South Korea and the regional situation in Northeast Asia in 1978.

Updates on UNCURK and UN member departures, the Tae Yun Gak Hotel fire, reaction to the Special Law on National Security and Defense, and Japan's continued economic aid to ROK and discontinuation of ties with North Korea.

The United Nations Press Section releases an announcement on the Consultative Group meeting on development assistance to the Republic of Korea in Tokyo on 28 and 29 October, 1971. ROK Deputy Prime Minister Kim Hak Yul announces the Third Five Year Plan, which targets increased financial stability through investment financed by ROK savings and adjusting state policies.

In the first three quarters of FY 1971, the ROK economy has experienced increased inflation, an export deficit , and a decrease in industrial and textile production.

In the election campaigns, the NDP is focusing on the corruption of the DRP, and the DRP is focusing on continued economic and political stability with Park Chung Hee's third election.

UNCURK members meet with Kim Dae Jung, who states his key issues for the election: ROK democracy, corruption within intelligence collection, suppression of opposition parties by the ruling party, and unification. UNCURK member observe that Kim's party is weak because of party factionalism. Additionally, President Park Chung Hee announces his run for third term and emphasizes economic and political stability.

President Park Chung Hee reiterates that his main priority is the South Korean economy. He believes that a strong economy will allow for unification and stronger national security. Additionally, Park believes that the power balance in East Asia will depend on China's progress.

Kuzbari writes about the upcoming elections in South Korea and reports that a new political party called Nationalist Party has formed in opposition to the NDP. Regarding trade, the ROK government is opening trade relations with non-hostile communist countries. And regarding relations with North Korea, an ROK fishing boat was attacked by North Koreans due to possible spy activity.