The following three aspects of economic development which we have achieved so far are to be dedicated in the first of this series of postage stamps:
   1. Food Since olden times; Farmers of Korea have been utterly defenseless against the chronic disaster of droughts, depending merely on the whims and fancies of the weather in the performance of their farming. The government, in an effort to bring about a self-sufficient economy for farmers by means of developing water resources for agricultural use putting arable lands in good trim and mechanizing the farming industry, had the Law for Acceleration of Modernizing Agricultural Communities enacted in 1969 and has been investing enormous funds in this direction. The total quantity of food products, which stood at slightly more than 5,930,000 tons in 1961, was drastically increased up to more than 7,730,000 tons in the year of 1969.
   2. Electric Power In order to meet the rapidly increasing demand for electric power which constitutes the key factor for economic development, the government is making strenuous efforts for the construction of additional large-capacity power stations, at the same time toiling hard to expand and reinforce the existing facilities for power generation. The output of electric power, which totaled 367,250kw in 1961, copped a whopping 2,300,000-odd tons as of the end of 1970.
   3. Export Since the early 1960`s, export of commodities and military supplies to Vietnam have steadily increased year by year due mainly to the persistent effort of the government to promote exports. Popular export items, which have excelled other commodities in export during the past four years, include such as plywood, sweaters, clothes and wigs. The total export amount which stood at slightly more than $56,700,000 in 1962 was drastically increased to about $702,810,000 in 1969, and it is further expected to hit the $1,000,000,000 mark at the end of 1970.