Democratic Nationalist Party (South Korea)
The Democratic Nationalist Party (, "Minju Gukmin Dang", DNP) was a conservative political party in South Korea. History. The DNP was established on 10 February 1949 as a merger of the Korea Democratic Party and groups that supported Yi Chong-chon (who headed a youth organisation) and Shin Ik-hee (a member of the National Association), with the new party holding 70 of the 200 seats in the Assembly. It supported the creation of a parliamentary republic, and in 1950 proposed a constitutional amendment to this effect, although it was defeated in the Assembly. In the  1950 parliamentary elections the party received the highest share of the vote, although at 9.8%, it won only 24 of the 210 seats in a parliament dominated by independents. It nominated Yi Si-yeong as its candidate for the 1952 presidential elections; he finished third with 11% of the vote. The 1954 parliamentary elections saw the party's vote share fall to 7.9% as it was reduced to 15 seats. In 1955 it was succeeded by the Democratic Party.