20th Wedding
Anniversary
The proposals on military matters submitted by DND [Department of National Defense] to Amb. [William] Sullivan is attached.
While Amb. Sullivan was in Washington, his men, Parnell and Terry Arnold, submitted counter-proposals.
I have adopted the position of allowing one year for the adjustment of the rights of Americans as to private lands and helping them on their rights to lease of foreclosure lands etc.
I attach our position.
It is unknown where this text comes from, because this entry is missing.
Official Gazette for May 1, 1974: THE PRESIDENT signed the Philippine Labor Code and declassified the Ranis Report on Comprehensive Employment Strategy, as a fitting climax to the observance of Labor Day in the Philippines. The President signed the Labor Code before a thousand labor leaders who had gathered at the Maharlika Hall of Malacañang to hear the President’s Labor Day address. Describing the Labor Code as an earnest of his pledge to improve the life of the worker, the President said, “Let it be accepted as a charter of human rights as well as a bill of obligations for every working man.”
INTERNATIONAL Bank for Reconstruction and Development has granted another $19 million loan to the Philippines to help finance one of its irrigation projects. The World Bank credit is aimed at boosting the funding requirements of the Aurora-Peñaranda irrigation project in Quezon Province.