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IV. [[underline]] Principles to be Followed in Establishing the new Institute [[/underline]]

A. [[underline]] Korean Proposals [[/underline]]

As I mentioned above, the group was presented with advice from many sources regarding the establishment of a new Institute. The Economic Planning Board, in particular, had prepared a careful and wide-ranging proposal in which it had recognized the need for establishing the Institute as an independent non-profit organization.

There was an awareness on the part of the Koreans of the danger of creating an institution which would become a monument to mediocrity and bureaucracy and of the importance of selecting the leadership of the new organization with care. Concern was also expressed that hasty and careless recruitment on the part of the new Institute would strip the universities of the scarce supply of highly trained scientists on their faculties and would jeopardize scientific training in the universities.

In our discussions with the Economic Planning Board, I emphasized the importance of grounding the Institute