Today is the 75th Anniversary of the Philippine Army. I went to Fort Bonifacio to celebrate it with a parade and review of reservists and ROTC [Reserve Officers’ Training Corps] cadets emphasizing the concept of the citizen army.
Then met at 12:00 PM, [Andres] Andy Soriano [Jr.] who came to plead that I meet with [Benigno] Benny Toda [Jr.] on the PAL [Philippine Airlines] question. But I told him my meeting him may not solve the question as FNCB has foreclosed, Caltex has paid the delinquencies which is the full amount and interest since Toda has not paid anything on interest or possession or amortization and Caltex seems to have taken possession of the shares of stock after paying the amounts due so Caltex has been subrogated as creditor to FNCB of Benny Toda.
Inducted into office the officers of the Knights of Rizal headed by Justice [Claudio] Teehankee [Sr.] who told us that [Manuel?] Elizalde would lose the case in the Supreme Court.
Then met the Samar delegates with [Fernando] Nanding Veloso.
And a conference on Housing. Two billion pesos needed every year for 100,000 houses at P20,000 per unit, which we do not have.
No Official Gazette entry for this day.
Entry is mislabeled as Tuesday.