It marks the spot near Kim Il Sung Stadium where Kim Il Sung delivered his victory speech after the liberation of Korea on 14 October 1945,[2] entitled "Every Effort for the Building of a New Democratic Korea".

[3] At that time, the place was called the Pyongyang Public Ground (평양공설운동장).

[6] The speech was the first opportunity for many to see Kim Il Sung in person, after he already had a reputation for his guerrilla activities.

[7] Contemporary photographs show Kim surrounded by Red Army personnel and wearing Soviet medals.

[2] It is just across the street from the Arch of Triumph,[8] which is a related but more famous landmark,[2] marking the spot where Kim Il Sung entered Pyongyang in August 1945 when the city was liberated.