The Liberal Party (자유당, 自由黨) is a political party in South Korea established in 1951 by Syngman Rhee.
As the 1952 Presidential Elections neared, Rhee made public his intention to organize a party during his August 15 Speech in 1951.[1] 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.