January 14, 1972

May 17, 2024

Finalized the budget, the reorganization of the Armed Forces and the Bureau of Customs.

My vertigo has not improved notwithstanding the histamine shots by Dr. Cua Lim.

And I felt pain in the chest muscles. So I have been resting. I intend to rest the whole day tomorrow.

This morning we worked on the Commodity Loan agreement projects, the foreign policy aspect of the State of the Nation and the investments from the Private Investment Board of Asia,

Official Gazette for January 14, 1972: PRESIDENT MARCOS met with a long list of callers throughout the clay.
First to be received by the President was Senate President Protempore Jose J. Roy, with whom he had lengthy discussions on legislative proposals which the administration would present to the regular session of Congress.
Later, the President received M. C. Kunz, who called to pay his respects.
Then the President welcomed Mrs. Anna Chennault, widow of the famed commander of the Flying Tigers of World War II, the late Gen. Claire Chennault.
Mrs. Chennault, on a brief visit here, relayed a message from Mayor Sam Yorthy of Los Angeles, in connection with the inaugural cargo service of the Flying Tiger Airline. She was accompanied by Vicente Faustino, head of the local airline’s office.
Also received by the President were the officials of the Private Investment Company for Asia, headed by Dr. Willen A. Van Ravestaijn, PICA president. The group was assured by the President of the receptiveness of the government to foreign investment in development areas of the economy.
In the group were Yoshizane Iwasa, chairman; Colin Syme, vice chairman; Peter Wodtke, executive vice president; Harutsuga Makita, vice president; Hinoyuki Tamagawa, Mark C. Feer, A. O. Hartmann, Addison H. Kermath, Tadayoshi Yamada, James G. Bickford, John Hopkins, Makoto Yoneda, Louis C. Louvet, L. E. C. Letts and R. L. Hedrick.
Another group the President received consisted of the officials of the North Trek Organization who called to pay their respects.
Composed of young professionals from the Visayas, the group launched a ‘North Trek’ program, aimed at encouraging local tourists to know more of the Philippines, and to demonstrate that the RP-Japan Friendship Highway is safe.
The group plans to negotiate the RP-Japan Friendship Highway by car in four days, starting from Zamboanga City on February 2.
The President endorsed the North Trek project and enjoined government agencies to extend the necessary assistance and support to the 16-man team behind it.
The North Trek officials who called were Joey Garcia, president; Tony Dumo, chairman; Rene Cortes, Salvador Escudero, Manuel Bautista and Manuel Timonera.
In the evening, the President administered the oath of office to Gen. Romeo T. Espino as chief of staff of the Armed Forces of the Philippines, vice Gen. Manuel T. Yan who retired from the military service.
The President also inducted Maj. Gen. Rafael Ileto, former Philippine Army commander, as vice chief of staff of the AFP, succeeding Gen. Espino in that post.
The oath-taking ceremonies were witnessed by Secretary of National Defense Juan Ponce Enrile, Gen. Yan, Brig. Gen. Fidel V. Ramos, PC chief; Brig. Gen. Rafael Zagala, the new Philippine Army commander; Commodores Dioscoro E. Papa and Hilario Ruiz, outgoing and incoming PN flag-officer-in-command, respectively: Brigadier Generals Jesus Z. Singson and Jose L. Rancudo, outgoing and incoming Philippine Air Force commanders, respectively; other ranking officers of the four major AFP commands, and the inductee’s kin.

a consortium of Banks from U.S., Canada, UK, Japan, etc.

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