Had lunch with Bishop [Eraño] Manalo of the Iglesia ni Cristo. He is greatly concerned by the candidacies of [Raul] Manglapus and CSM (Christian Socialist Movement) in the 1st District of Rizal and Father Pacifico Ortiz in the second district. The first is leading the about 250 candidates and the second the more than 50 candidates. The first district is entitled to 18 delegates to the Constitutional Convention and the second to 5 delegates.
He informs me that a certain organization to which a certain Manny Cruz belongs, called Bahang-hari, is organizing all the socialist groups into one group for the possibility of rebellion because they expect to win only 10% of the delegates and the chances are that the people would be ripe for violence.
Which is exactly my estimate of the result of the elections after the conferences with the leaders. The inhibition of political parties, as well as all kinds of organizations to work as a group has placed a premium on support by the established political organizations which without any open campaigning can get the votes for the candidates.
Worked on the financial plans and the loans we can obtain from abroad. There are now several offers.
Official Gazette, October 25, 1970: The President had an unusually busy weekened, attending to papers requiring immediate action and conferring with government officials on matters concerning their respective departments. The pressure of desk work compelled the President to ask Chairman Leonides S. Virata of the Development Bank of the Philippines to represent him at the inauguration of the Cebu Stock Exchange in Cebu City, and to read for him the speech prepared for the occasion.
In the speech, the President sounded both a warning and an appeal to the nation to put an end to conventional politics, as characterized by the maintenance of so-called private armies. The task of reformation must begin now, the President told the guests at the inauguration.