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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (June 3, 1981)
Inflation threatens Korea, University alumnus says South Korea’s economic miracle may be coming to an end. Speaking Monday at the University Law School, freelance journalist Tim Shorrock said South Korea faces a deepening economic crisis that threatens to boil over into a political crisis. Shorrock, who visted Korea in February and talked to government officials, students and opposition leaders there, said Korea's 20-year economic boom is petering out. In the early 1970s, the Korean government started a crash program to build up heavy indus tries such as steel and cement, said Shorrock, who holds a degree in Asian Studies from the University. But the massive capital investments needed to finance that development, coupled with the rising costs of imported oil and heavy defense expenditures, have caused an inflation ary spiral, he said. Because Korea imports more than it exports, the country has suffered an enormous trade deficit in recent years, Shorrock said. The inflation rate in Korea in 1980 hovered between 40 and 50 percent, and the nation’s trade deficit approached $5 billion. Korea’s economic problems have caused a rising tide of worker unrest that has been vigor ously and sometimes violently repressed by the current regime of Chun Doo Hwan, Shorrock said. The Chun government drafted a new consti tution that in effect gave the government com plete control over the press, he said Radio and TV stations were consolidated under government control, and all press stories were subject to pre-publication censorship, he added. "There are very few investigative journalism stories." But Shorrock noted the new constitution really was aimed at the trade unions. The Chun government’s occasional reliance on force to quell demonstrations especially has angered many Koreans, Shorrock said. In May 1980 government troops crushed an uprising in the town of Kwangju, where a week earlier the townspeople had driven riot troops out of town. According to eyewitnesses, riot troops bayoneted both student demonstrators and on lookers, Shorrock said. About 170 people died in that uprising, ac cording to a Korean governement report. Some diplomats and residents have estimated that more than four times that number actually died, and the Associated Press estimated 270 CLASSIFIED ADS CAN BE PLACED AT ODE OFFICE 300 EMU UO BOOKSTORE STAMP COUNTER EMU MAIN DESK DEADLINES: Ads must be in by 1 PM the day before publication. Ads that are to appear in Monday's paper must be in 1 PM Friday PAYMENT: All ads must be paid for in advance unless a billing agreement has been estab lished with us. RATES: Rates are 10 cents per word for the first day 8 cents per word for consecutive days the ad is run without change $2 minimum for the first Insertion $1.60 minimum for consecutive Insertions There Is NO refund for ad cancellations The ODE cannot be responsible for more than one day's incorrect advertising insertion The ODE'S liability for typographical errors, incor rect insertions, or omissions in advertising published shall be limited solely to the cancel lation of charges for such portion of the space occupied by the error. If your ad appears incorrectly, cajl 686-4343 before 1 PM for correction in the next day's issue The ODE will not knowingly accept advertis ments which in any manner denigrates .or unjustly excludes members of any age, sex, race, color, national, religious, or sexual orientation ENCORE BOUTIQUE Come see our spring and summer collection of quality resale garments. 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Call 344-5000_ 6-4 KING WATERBED MATTRESS, liner, heater, frame, headboard and sheets $110 Danner Goretex hiking boots, size 9. never worn $65 New Fischer waxless cross country skis and poles $120 ±2 DOUBLE BED, MATTRESS, and boxsprings $45, good condition Call Erich 686-9464 6-5 Buy/Sell BUY-SELL-TRADE Stereo, photography equipment, tools, musical instruments, etc., etc., etc THE BUY A SELL CENTER 67A OLIVE 173 MWF ARE YOU LEAVING THE AREA? Do You Have Furniture To Sell? Now buying used furniture Free pick-up DINTY’S FURNITURE 727 Main, Springfield 746-0980 __ _496 6-8 STUDENTS MOVING IN OR MOVING ON We buy and sell used furniture Desks, chairs, sofas, beds and tables GLENWOOD NEW A USED FURNITURE. 4245 Franklin 6-5 TAI CHI/GUNG FU LESSONS. Don 342-4792 Health, Self-defense, Meditation _ 6-5 NOW IS THE PERFECT TIME to start piano, guitar, bass lessons All styles, all ages John Sharkey 344-5530 15 years teaching exper ience 678:6-8 GUITAR LESSONS Summer term. 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Bratwurst, sauerkraut, German rye bread, and bowl of our famous beer cheese soup or salad Ehe Zaum-i im 444 East 3rd ^ 345-9815 at the South end of the Ferry St. bridge LOOKING FOR A PLACE TO RENT? • There is no need to come back early or to pay rent all summer to be sure of having a place • We can guarantee that a place near campus will be ready and waiting for you when you arrive next fall • We have hundreds to choose from and will work to meet your requirements exactly • Free Roommate Finding Service • Try us! We really want to help! Valley Rental Service 1000 Willagillespie Rd Eugene, Oregon 97401 343-0358 j-Save At ! LAZAR’S BAZAR j FREE ROLLING PAPERS WITH THIS COUPON | (Limit one coupon per customer) I Must be 18 or older | Expires June 30 No Purchase Necessary I LAZAR’S BAZAR I RECORDS AND PIPES 1036 Willamette Street and 164 W. Broadway on the downtown mall 687-9766 or 687-0139 I_Valuable Coupon- — rr.r THE de Frisco^ TRADmON .4 V "Building a legend among Eugene's beer drinkers" 1852 1854 1877 1977 1978 1978 1979 1980 TODAY "Hones!” Henry Meigs, alias “Don Knrique de Frisco.” developer of San Francisco's North Beach area, opens San Francisco's famous Hush St. Music Hall. The de Frisco's tradition is born. Meigs splits for Tahiti loaded with $17,000 worth of wine and gourmet delicacies, after appropriating over $1,000,000 from city treasury. "Don Enrique" dies in Peru a multi millionaire builder of the famous railway system over the Andes that “couldn't be built". To celebrate the completion. Meigs threw perhaps the most extravagant party ever — a five steamship cruise — costing 4-5.000.000 in today's dollars. On the 100th anniversary of Meig s death. Dick Meigs, great, great nephew of the "beloved rogue,” opens Eugene's de Frisco's, dedicated to the memory and style of his illustrious ancestor The tavern featured Eugene's first serious selection of imported beers in a traditional atmosphere of solid oak and brass that would have made "Honest Henry" feel right at home. Rosewood backgammon tables were built to exacting specifications in memory of Uncle Henry's highly refined sporting instincts, and darts were introduced. de Frisco's introduces world famous Heineken and Cuiness Stout on draft to the Eugene area Among the many distinguished bottled beers introduced to Eugene at de Frisco's during this time were Elephant Malt Liquor. Watney's anil Pilsner IJrquall. the original pilsner beer de Frisco's completes the expansion of Eugene's Landmark tavern in an attempt to better meet the demands of the beer drinking public de Frisco's also starts hosting Eugene City Backgammon Championships annually. de Frisco's adds to it’s fine assortments. Champagne on tap. and Bass ale. also on tap Bottle beers introduced for the first time in the Eugene area include Moosehead Lager. Orangeboom. Foster's from Australia, and Sammual Smith out of England's oldest brewery. Weekly backgammon tournaments begin every Monday Night |ohn Courage, a fine English pilsner is added on tap Dart tour naments begin every Sunday Night, and a dart challenge match with Portland's finest begins. Eugene loses the first challenge and owner Dick Meigs is "pied" Dick Meigs and his dedicated staff carry on the de Frisco s tradition, serving the world's outstanding briers to Eugene's discriminating drinkers, and Meigs is practicing his dart game so he is not "pied in the next challenge match with Portland i Beer Drinker's Establishment in the Atrium • Backgammon Classic Pool • Darts | and other traditional tavern sports
