Liberal Party (South Korea)
|Founded||December 17, 1951|
|Dissolved||January 24, 1970|
|Headquarters||Seoul, South Korea|
|Political position||Right-wing to Far-right|
As the 1952 Presidential Elections neared, Rhee made public his intention to organize a party during his August 15 Speech in 1951. Rhee called Yi Bum-seok, then the ambassador in China, and charged him with creating the Liberal Party. Yi used the strong organizational base of "Chosun Youth Nationalist League" as a starting point and incorporated the major five organizations: "Korean Citizens Council", "Korean Federation of Labor", "Peasant Federation", Korean Council of Wives" as temporary sub-organizations under the Liberal Party.