I have agreed to a press statement and an aide memoire prepared by Dr. [Mohammad Hassan] El Tohamy I enclose these documents prepared during the morning meeting with Sec. [Alejandro] Melchor [Jr.] but corrected by me 5:00 to 7:40 PM before Tohamy’s departure at 8:20 PM.
The rebel leaders are supported to go to Cairo.
Now Sen. Rene Espina has come to inform me that Nur Misuari wants to see me for negotiations through one of my comrades during the guerilla days (the sailboat trip to Bohol) Sacada.
I have to decide whether to meet with the rebels without the intervention of Indonesian President Soehurto or of Tohamy who are both vying for the honor of negotiating a concentration.
Perhaps it would be best if I can negotiate complete peace without them.
Official Gazette for September 2, 1974: THE PRESIDENT congratulated the five awardees of the Ramon Magsaysay Award for 1974, for their outstanding achievements in their respective fields. Composed of two from Japan, and one each from the United States, India and the Philippines, the awardees paid their respects to the Chief Executive, accompanied by Chairman Manuel P. Manahan and other officials of the Ramon Magsaysay Award Foundation. The awardees for 1974 are: 1) Governor Hiroshio Kuroki of Miyazaki Prefecture, Kyushu Island, Japan, for government service; 2) Miss Fusaye Ichikawa of Aiichi Prefecture, Japan, for community leadarship; 3) Fr. William P. Masterson of Brooklyn, New York, an oldtimer in the Philippines, for international understanding; 4) Shrimati M. S. Subbulakshmi of India, for public service, and 5) Zacarias Zarian, a Filipino from Batac, Ilocos Norte, for journalism, literature and creative communication arts.
BUREAU of Internal Revenue has issued a memorandum circular prescribing a uniform schedule for the exchange of dollars or any other foreign currency into pesos for revenue tax purposes. BIR Commissioner Misael P. Vera said the uniform rate of exchange will be followed this fiscal year up to June 30, 1975. The memorandum circular prescribes, among other things, that where the currency involved is other than US dollars, the foreign currency shall first be converted to US dollars at the prevailing rate of exchange between the two currencies. The resulting amount shall then be converted to pesos.
DEPARTMENT of Trade urged the operating stock exchanges to exercise strict control in the release of information by their member-brokers which might tend to influence the stock market one way or the other. Secretary of Trade Troadio T. Quiazon Jr., directed the Securities and Exchange Commission that all new reports of listed companies be cleared by the SEC before they are released to the public. Secretary Quiazon’s call came in the wake of reports that the behavior of the stock market since the past week has been partly influenced by rumors being spread around by investors and or brokers.