12:00 PM July 1st, 1973
July 1, 1973
Official Gazette for June 30, 1973: THE PRESIDENT initiated a government policy to harness household savings for capital formation in line with the country’s development efforts, and created a National Commission on Savings for this purpose. The Chief Executive stressed the need to mobilize savings in the banks for developmental uses and to flush out hidden, idle or hoarded cash, during the launching of the nationwide “savings for progress campaign at Malacañang Maharlika Hall. He said that the two constraints on local capital formation are the low level of savings and the drain of existing savings into unproductive uses. The President, thus, emphasized the necessity to inculcate thrift into the citizen’s awareness, expressing hope that this will be effected as successfully as the inculcation of discipline and cleanliness among the people.
THE PRESIDENT issued a decree prescribing the rates of duty on the country’s principal export products. Under Presidential Decree No. 230, the new export tax on the principal export products—which takes effect immediately—will be made a permanent feature of the Tariff and Customs Code. The decree repeals Rep. Act 6125 which was enacted as a revenue raising measure and as a stabilization device to withdraw excessive money supply generated by windful gains in the export sector due to the change in the exchange rate of the peso vis-a-vis the American dollar. The Presidential decree amends the Tariff and Customs Code by Creating Title III in Book I titled “Export Tariff”. This section provides for the assessment and collection of duties on the country’s principal export products.
BUREAU of Customs set the guidelines for the implementation of Presidential Decree No. 230 which prescribes the rates of duty on export products. Customs Commissioner Rolando G. Geotina said the new export tax will be implemented effective on July 1. Here are the guidelines: 1) Immediately upon completion of the loading of the export shipment, the Export Coordinating Department of the Bureau of Customs, or the Collector of Customs, or their authorized agent bank shall collect the export duty due thereon within 30 days from date of shipment. This duty shall constitute a lien on the peso proceeds of the shipment. 2) Export duty collections shall be remitted to the Central Bank within seven days from collection. 3) Report of collections of export duty shall be transmitted to the Bureau of Customs daily by the Central Bank as in the case of import duty. 4) This shall take effect July 1, 1973. All exports departing from the Philippine territorial jurisdiction after midnight of June 30, 1973 shall be subject to the provisions of Presidential Decree No. 230 and the implementing regulations.
DEPARTMENT of Local Government and Community Development (DLGCD) has completed a total of 27,836 community development projects in the Ilocos, Central Luzon and Cagayan Valley. The projects which cost some P7.7 million, were turned over to the barrio people in these provinces. Other DLGCD accomplishments in the areas include: 1) Funding of 1,129 projects through the calamity fund worth P7 4 million; 2) Organization of a total of 132 municipal cooperatives development committees and 294 cooperative action teams; 3) Organization of more than 600 barrio associations or Samahang Nayon in the provinces of Isabela and Nueva Ecija; 4) Conducting a series of family planning training activities.
GOVERNMENT scientist have found a way of converting muddy floodwater into clear and pleasant-smelling drinking water. The method, considered to be more effective than boiling method, would be handy in case disastrous floods occur again. Scientists from the National Science Development Board said the method is capable of supplying purified floodwaters to about 50 to 100 families in relocation centers.
The NSDB scientists said the method requires the following: three drums of 55-gallon capacity, four grams of “tawas” (aluminum sulfate), a bag of sand, 57 grams of Biogent 236 or chlorine and 200 mili-liters of Chemfloc or coagulant.
Official Gazette for July 1, 1973: MEMBERS of the citizens assemblies will cast their votes in secret balloting to ensure that the results of the July 27 referendum are truly reflective of the popular will. In a presidential decree issued by the President, the Chief Executive outlined a procedure of voting and canvassing in the citizens assemblies that will accurately ascertain the barangay members’ collective views on national and local issues. Presidential Decree No. 229 provides that the ballots to be used in the referendum shall contain, aside from the questions to be asked the voters, a note stating that the ballot should be filled “secretly inside the booth.” As an additional safeguard
Gen. Ramiro crashed in a helicopter in Sorsogon at about 8:00 AM. Five died including him, the two pilots and his aide.
So when the reports of the depression to the east arrived and Signal No. 1 was hoisted, I prohibited any flights to Hermano Mayor. So the guests missed the trip to the island of Benny [Benigno] Toda [Jr.].
But today, Sunday, we went by helicopter to Punta Baluarte and returned by Fokker because it had started to rain.
And tonight we gave [a concerto?] for Imelda, singing to her at the balcony of Suite I the traditional Harana. The Italians gave a Sole Mio.
Then we went into the Heroes Hall and I dedicated my bouquet of songs to Imelda starting with To my beloved Imelda, Forever I shall love you, on to Ang Bukas Ay Atin and ending with Imelda.
I approved the budget yesterday and finalized the decree on the referendum and the barangays.
voters are also enjoined “not to put any distinctive marks in any part” of their ballots.
THE PRESIDENT issued Presidential Decree No. 231 enacting a tax code for local governments in order to make them effective instruments for national development and progress. The tax code, which takes effect now will apply to the provinces, cities, municipalities and barrios for a more efficient system of local tax administration benefitting both the Government and the taxpayer.
RURAL BANKERS Association of the Philippines (REAP) said that a total of 16,833,836 has been released by rural banks to 16,692 farmers participating in the Government’s Masagana 99 rice production program. The RBAP said the participation of rural banks is one of the cornerstones of the crash rice production program now going on all over the country. The amount was released by 225 out of the 446 rural banks qualified to participate in the program. The recipient farmers are tilling 36,995 hectares of irrigated and rain-fed ricefield. The remaining rural banks are still waiting for the planting season to begin in their respective areas before releasing the funds for Masagana 99, the association said.
NATIONAL GRAINS Authority has authorized the shipment of rice to Sulu through floating retail stores. The floating stores, NGA Assistant Administrator Manuel Ledesma said, will carry a load of 200 bags per trip. The floating rice stores will be under the supervision and control of the military.