Worked out the restructuring and rehabilitation of industries distressed due to the monetary situation.
We may have to organize the factories on each industry like cement and steel, put up one buyer or seller for each industry, set a good domestic price to support dumping export prices and cut production by one half (again cement).
Oil exploration has to be encouraged.
And the free trade zone must be expedited.
Imelda has just given a return reception for Prime Minister [Eisaku] and Mrs. [Hiroko] Sato in Tokyo.
And I go to bed early.
Official Gazette for June 26, 1970: President Marcos again focused on his desk work, among others preparing the message calling for a second special session of Congress to consider urgent bills, and issuing a circular enjoining all local government officials to stay at their posts in the face of problems to be solved, notably those involving the peace and order drive.
Receiving only a few visitors, the President was able to concentrate on state papers brought to his attention. Among the few callers who saw him were:
1. Former Lanao del Sur Gov. Madki Alonto who discussed with the President the reports on alleged disintegration of civil authority in that province. The ex-governor was accompanied by Marawi City Engineer Boway Ramos, Provincial Engineer Baliawin Mamainte, NAWASA District Engineer Mamintal Adiong and Omar Mitmeg.
2. Chairman Faustino Tobia of Cebu Portland Cement Co., who consulted with the President on matters pertaining to the firm.
3. Rep. Rodolfo B. Albano, Jr. and Gov. Samuel F. Reyes, both of Isabela, who discussed official concerns in their constituency with the President.
The President remained in his study poring over state papers through the afternoon, and well into evening.