Played golf with Ex-Pres. [Diosdado] Macapagal at 7:00-9:00 AM at the Malacañang golf course. Played very badly but won out with one up for nine holed although I gave him a stroke a hole and hit only two pars, No. 1 & 5—so different from the even par or one over par I used to hit in this course.
Then met the Jaycees and Sec. [Ernesto] Maceda who I feel is sulking because [Juan] Johnny Ponce Enrile is given a lot of publicity in his role as Secretary of National Defense.
Met the congressmen and governors then saw Bobby [Roberto Benedicto], [Alfredo] Peding Montelibano [Sr.], International Numerals representative on the sale of the Esso Fertilizer Plant for $22.6 million when its book value is $52 million but the balance of the $54 million will be used to buy five boats of $25,000 tons each, two from Japan and three from England.
I told them that this transaction has to be justified first as it would be under attack. And told Bobby that I would order the cancellation of the L/C [Letter of Credit] of $54 million even if it is irrevocable.
Spoke before the Chamber of Commerce after dinner at 9:30 PM on the tax amnesty or period of voluntary disclosure of unreported income of individuals without any investigation of the source of income and manner of obtaining it.
Official Gazette for August 6, 1970: President Marcos ended an active day with an appearance at the convention of the Filipino businessmen as guest of honor, at the Savoy Philippines Hotel in the evening, where he delivered the keynote speech.
Earlier, the President’s day was marked by many callers, notably that of a group of PC officers taking advance; training in a special field, and that of the incumbent president of Jaycee International, again an Asian.
The President also devoted a good part of his day to the, usual state papers and ether official business referred to him for decision and action.
In the morning, the, President received Hiroshi Maeda, world president of the Junior Chamber International, who called at Malacañang to pay his respects, following his arrival in Manila in the course of a tour of Jaycee organizations in 82 countries all over the world. During his call, Maeda thanked the President for the support and encouragement his administration has extended to the Jaycee movement in the Philippines. Firmo Liwanag, vice president of the Philippine Jaycees, along with a delegation of local Jaycees accompanied Maeda on his call. Liwanag formed the President that Maeda, a Japanese, is the first Asian elected president of the world organization since two Filipinos, Ramon del Rosario and Roberto Villanueva, held the post some 13 years ago. During the call, the President signed a proclamation declaring the period December 7 to 13, this year as “Philippine Jaycee Week,” in recognition of the role of the Jaycees in nation-building.