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The article details the fight and victory of the 23rd Regimental Combat Team of the U.S. 2nd Infantry Division during the Battle of Chipyong-ni in Seoul, South Korea in February 1951. The team successfully established a defensive line between Chipyong-ni and Wonju under the leadership of Colonel Paul L. Freeman Jr. The tactical strategy employed by Freeman during the Korean War Battles of Twin Tunnels and Chipyong-ni while encircled and outnumbered by their enemies is described.

The article reports that Korea will see an improvement in its business conditions if the ongoing war comes to an end. According to economists, the economy can gain from the expansion of industry's plant and equipment which are worth of 25 billion dollars. Increased military spending will also benefit the industry. War orders are expected to speed up with an increase in civillian business also. It is stated that peace in the country will be beneficial for sales, inventories, prices, wages etc.