Consultative Group—Amb. [Roberto] Benedicto—a total of $270 million have been committed as loans to the Philippines.
Japanese loans. We finished the listing of the $65 million project and commodity loans and the new $75 million loan.
[Nicanor] Nick Jimenez—he came to reiterate the request of Delegate [Eduardo] Quintero to allow him a way out.
Dean Crispin Baizas came to tell me that he is filing a libel suit against George Sison (Conde de Makati) Araneta (Antonio) for Cong. and Mrs. [Eduardo] Danding Cojuangco [Jr.].
Sugar—There is no sugar in the market.
Sec. [Troadio] Quiazon [Jr.] says the traders are hoarding the sugar bought from the producers at low prices.
[Alfredo] Piding Montelibano [Sr.] says the traders will not bring out the sugar unless the prices set by the PCC [Price Control Council] are increased because the sugar was bought ostensibly in the documents of sale at low prices but the traders had to shell out undocumented additional amounts under the table.
Rice—[Eliseo] Villamor is weak and I must appoint a General Manager. [Ernesto] Maceda and Chuqui[?] are quarreling about the allocation of vessels for Carriers.
[Antonio] Tony Tupaz came to explain he was against [Diosdado] Macapagal.
Official Gazette for June 26, 1972: THE PRESIDENT summoned Secretary of Commerce and Industry Troadio T. Quiazon, Jr., concurrent chairman of the Price Control Council, for a meeting at Malacañang on the question of sugar supply and prices.
During the conference, the President directed Secretary Quiazon to ensure the steady supply of sugar at regulated prices.
Also at the conference were Alfredo Montelibano, president of the Chamber of Agriculture and Natural Resources; and Executive Secretary Alejandro Melchor, Jr..
The President did not receive other callers the whole day, even as he concentrated on urgent desk work.
While going over reports on the damage wrought by typhoon “Konsing,” the President issued an order to the Government Service Insurance System to accelerate the payment of mid-year dividends amounting to P25 million, particularly to GSIS members in the affected areas.
He told GSIS General Manager Roman Cruz, Jr. to speed up the preparation of the checks in payment of the dividends, saying that member-employees who had suffered reverses brought about by the typhoon needed every assistance in rehabilitating their homes.
Contingency plans of the Armed Forces—Johnny [Juan] Ponce Enrile, Tom [Tomas] Diaz and Col. [Romeo] Gatan showed me the plans of the CPP [Communist Party of the Philippines] and NPA [New People’s Army] for 1972 which includes not only expansion, recruitment and training but assassination sabotage and terrorism in the Manila-Rizal sector.
Gov. [Benjamin] Romualdez leaving for the US tomorrow to attend to the schooling of Imee in Princeton and in National Cathedral at Washington before that.