Spent practically the whole day 11:30-12:30 AM [sic] and 3-8 PM on a public hearing on the Progressive Car Manufacturing Program in view of the decision of NEC [National Economic Council] reversing the BOI [Board of Investments] including the Universal Motors among the participants in addition to General Motors, Chrysler-Mitsubishi, Delta, DMG and Ford.
Official Gazette for June 30, 1972: PRESIDENT MARCOS had a marathon meeting with representatives of the seven applicants to the Progessive Car Manufacturing Program in an effort to get the program off the ground as early as-possible.
Following the six-hour meeting after several breaks, the President directed the Board of Investments, the National Economic Council, the Ford Philippines and Chrysler Philippines to submit their respective memoranda on the points raised during the meeting by the Universal Motors Corporation and Renault Philippines in their bid to participate in the program.
The President gave BOI Chairman Vicente Paterno, NEC Chairman Gerardo Sicat and the Ford and Chrysler corporations to submit their respective memoranda within a week.
Both officials were also asked by the President to submit projections as to dollar allocations needed and the increase in cost of production on the basis of four, five, six and seven participants in the program.
Present at the meeting were Chairman Paterno, Chairman Sicat, Executive Secretary Alejandro Melchor, Jr., Finance Secretary Cesar E. A. Virata, PES Director-General Apolinario Orosa, Central Bank Gov. Gregorio Licaros, PNB President Eusebio Villatuya, Justice Secretary Vicente Abad Santos, Tetsuro Hashimoto, Harold Hoffman and Jose Na-gay of Chrysler Philippines; Lorenzo Tañada, Victor Gonzales, L. Guzman and Anthony Lee of Universal Motors; Michel Roussotte and Leonardo Siguion-Reyna of Renault Philippines; Allan Foran and Ceferino Follosco of Ford Philippines;
Pablo Carlos, Manuel Lorenzo, Silvino Panganiban, Mart del Rosario and Manuel P. Asallo of Delta Motors; Domingo Guevarra, Sr., Domingo Guevarra, Jr., D. Pongos and Mel Amado of DMG; F. Francisco of Francisco Motors; James Yu of Yutivo, and H. Telshaw, Jr. and J. Schmitt of General Motors.
Earlier in the morning, the President administered the oath of office to a Court of First Instance judge, a newly-confirmed brigadier general, and 10 colonels in the Armed Forces of the Philippines, at well-attended ceremonies in Malacañang.
Sworn in by the President were:
1) Alejandro Boncaros, as judge of the court of first instance of Tarlac, Branch IV;
2) Col. Tranquilino Paranis, as brigadier general of the Armed Forces of the Philippines; and
3) Lt. Cols. Emilio P. Melendres, Jackson Alparce, Antonio Dumlao, Romeo G. Gatan, Buenaventura Caseñas, Andres B. Ramos, Alexander L. Felix, Antonio P. Uy, and Vicente B. Eduardo,.as colonels in the Philippine Constabulary; and Lt. Col. Eric Nubia, as colonel in the Philippine Army.
The President also signed into law House Bill No. 1211 (Senate Bill No. 513) which provides that “no reserve officer of the armed forces of the Philippines who has served, or will serve, in a foreign country in compliance with treaty obligations or international commitments shall be reverted to inactive status.”
Among those who witnessed the signing were Reps. Jose Alberto, Rafael Aquino, and Constantino Navarro and Brig. Gen. Fidel V. Ramos, PC chief.
In the afternoon, the President directed Budget Commissioner Faustino Sy-Changco to release ₱350,000 to the Constitutional Convention in accordance with the policy to release as much fund as are available and which could be utilized by the Convention up to June 30, 1972.
The President also told Commissioner Sy-Changco that only ₱262,500 of the ₱5 million requested to be released to cover the proposed contract for the printing and binding of the Journal of the Convention shall be released because only this amount has been authorized for the printing of the Journal under Republic Act. No. 6427.
In the morning after a game of golf, I attended to the problems of gold-mining, inducted the new colonels and Gen. [Tranquilino] Paranis of Task Force Saranay, said goodbye to Gen. [Mariano] Ordoñez of Metrocom [Metropolitan Command] who is going into farming in Palauig, Zambales decided on Col. [Alfredo] Montoya his Executive to take his place, decided to retire Commodore Lim of PMA [Philippine Military Academy], conferred with Gen. [Fidel] Ramos and Sec. [Juan] Ponce Enrile.
The Libyan delegation comes in tomorrow. I attach the DFA [Department of Foreign Affairs] paper on it.
I suggested to Sultan Hassan Dim, the Malaysian Ambassador that the Seato [Southeast Asia Treaty Organization] and the five power [defense] agreement could be reoriented to guarranty [guarantee] the neutralization of Southteast Asia.